CalSavers 1.7.16

CalSavers provides a solution for over 7.5 million Californians who lack access to a workplace retirement plan. It is a cost-effective and automated savings platform with professionally managed investments, offering a straightforward and trustworthy method of saving.

Utilize the mobile app to manage various aspects of your account:

• Adjust your savings rate
• Check your balance
• Review transaction history
• Add personal contributions

For further details on the program, visit www.calsavers.com.

Please note that the images used are solely for illustrative purposes.

The CalSavers Retirement Savings Program, commonly known as CalSavers, is an automatic enrollment payroll deduction IRA overseen by the California Secure Choice Retirement Savings Investment Board. The program administration is handled by Ascensus College Savings Recordkeeping Services, LLC and its affiliates. Participants maintain ownership and control over their IRAs, as detailed in the Program Disclosure Booklet accessible at saver.calsavers.com. It's important to mention that CalSavers is not endorsed by employers, and hence employers bear no responsibility or liability as sponsors of the program. Employers are advised not to promote or influence employee participation in the program or provide investment advice.

CalSavers offers investment options chosen by the Board. To learn more about these options, visit saver.calsavers.com. Account values within CalSavers are subject to market fluctuations and are not guaranteed or insured by any entity mentioned.

Participation in CalSavers is voluntary, allowing savers to opt-out, adjust payroll contributions, or rejoin at their discretion. California law mandates an Open Enrollment Period every two years, giving eligible employees who previously opted out an opportunity to automatically enroll unless they choose to opt-out once more.

While saving through an IRA may not suit everyone, employer facilitation of CalSavers should not be seen as an endorsement. IRAs are not exclusive to CalSavers and can be held and contributed to independently of the program. For tax-related queries or investment concerns, it's recommended that savers seek advice from tax or financial advisors. Employers are not equipped to offer financial guidance, and inquiries regarding CalSavers should be directed to the program directly. Under Section 100034 of the California Government Code, employers do not assume liability for employees' decisions related to this retirement savings program.