Common use of Rollover Contributions Clause in Contracts

Rollover Contributions. Generally, a rollover is a movement of cash or assets from one retirement plan to another. If you are required to take minimum distributions because you are age 70½ or older, you may not roll over any required minimum distributions. Both the distribution and the rollover contribution are reportable when you file your income taxes. You must irrevocably elect to treat such contributions as rollovers. IRA-to-▇▇▇ ▇▇▇▇▇▇▇▇. You may withdraw, tax free, all or a portion of your Traditional IRA if you contribute the amount withdrawn within 60 days from the date you receive the distribution into the same or another Traditional IRA as a rollover. To complete a rollover of a SIMPLE IRA distribution to your Traditional IRA, at least two years must have elapsed from the date on which you first participated in any SIMPLE IRA Plan maintained by the employer, and you must contribute the distribution within 60 days from the date you receive it. Only one IRA distribution within any 12-month period may be rolled over in an IRA-to-IRA rollover transaction. The 12-month waiting period begins on the date you receive an IRA distribution that you subsequently roll over, not the date you complete the rollover transaction. Employer Retirement Plan-to-IRA Rollover (by IRA Owner). Eligible distributions from qualifying employer retirement plans may be rolled over, directly or indirectly, to your Traditional IRA. Qualifying employer retirement plans include qualified plans (e.g., 401(k) plans or profit sharing plans), governmental 457(b) plans, 403(b) arrangements and 403(a) arrangements. Amounts that may not be rolled over to your Traditional IRA include any required minimum distributions, hardship distributions, any part of a series of substantially equal periodic payments, or distributions consisting of ▇▇▇▇ 401(k) or ▇▇▇▇ 403(b) assets. Conduit IRA. You may use your IRA as a conduit to temporarily hold amounts you receive in an eligible rollover distribution from an employer's retirement plan. Should you combine or add other amounts (e.g., regular contributions) to your conduit IRA, you may lose the ability to subsequently roll these funds into another employer plan to take advantage of special tax rules available for certain qualified plan distribution amounts. Consult your tax advisor for additional information. Employer Retirement Plan-to-IRA Rollover (by Inherited IRA Owner). Please refer to the section of this document entitled “Inherited IRA”. IRA-to-Employer Retirement Plan Rollover. If your employer's retirement plan accepts rollovers from IRAs, you may complete a direct or indirect rollover of your pre-tax assets in your Traditional IRA into your employer retirement plan. If you are required to take minimum distributions because you are age 70½ or older, you may not roll over any required minimum distributions. Conversion of Traditional IRA to ▇▇▇▇ ▇▇▇. Generally, you may convert all or a portion of your Traditional IRA to a ▇▇▇▇ ▇▇▇ provided you meet any applicable eligibility requirements as defined in the Code and Regulations. Except for amounts that represent basis, amounts converted are generally treated as taxable distributions. However, the premature distribution penalty that typically applies to taxable withdrawals taken prior to age 59½, does not apply to amounts converted from a Traditional IRA to a ▇▇▇▇ ▇▇▇. Required minimum distributions may not be converted. Traditional IRA-to-▇▇▇▇ ▇▇▇ conversions are not subject to the 12-month rollover restriction that typically applies to rollovers between IRAs. Rollover of Exxon ▇▇▇▇▇▇ Settlement Income. Certain income received as an Exxon ▇▇▇▇▇▇ qualified settlement may be rolled over to a Traditional IRA or another eligible retirement plan. The amount contributed cannot exceed the lesser of $100,000 (reduced by the amount of any qualified settlement income contributed to an eligible retirement plan in prior tax years) or the amount of qualified settlement income received during the tax year. Contributions for the year can be made until the due date for filing your return, not including extensions. RECHARACTERIZATIONS Recharacterize a Contribution/Conversion. You may "recharacterize" a contribution/conversion made to one type of IRA (either Traditional or ▇▇▇▇ ▇▇▇) and treat it as if it was made to a different type of IRA (Traditional or ▇▇▇▇ ▇▇▇). Both the contribution/conversion amount along with the net income attributable to the contribution/conversion must be transferred. If there was a loss, the amount of any loss will reduce the amount you recharacterize. The deadline for completing a recharacterization is your tax return due date (including any extensions) for the year for which the contribution/conversion was made to the first IRA. Recharacterization requests must be made in a form and manner acceptable to the Custodian. Report recharacterizations to the IRS by attaching a statement to your Form 1040. You may also need to file Form 8606. Reconversion. A reconversion occurs when you convert IRA assets that have been previously converted and recharacterized. A reconversion must occur in a subsequent year to the prior conversion, or if later, after 30 days has elapsed since the recharacterization. TRANSFERS

Rollover Contributions. Generally, a rollover is a movement of cash or assets from one retirement plan to another. If you are required to take minimum distributions because you are age 70½ or older, you may not roll over any required minimum distributions. Both the distribution and the rollover contribution are reportable when you file your income taxes. You must irrevocably elect to treat such contributions as rollovers. IRA-to-▇▇▇ ▇▇▇▇▇▇▇▇. You may withdraw, tax free, all or a portion part of the amounts in your Traditional IRA if you contribute the amount withdrawn reinvest those amounts within 60 days into the same or another IRA. You may only roll over one distribution from each IRA every 12 months. The 12-month waiting period begins on the date you receive the distribution IRA distribution, not on the date you roll it over into an IRA. In addition, the same or another amounts rolled to a subsequent IRA may not be rolled over again until 12 months has elapsed. SIMPLE IRA to Traditional IRA as a rolloverRollover. To complete a rollover of a your SIMPLE IRA distribution to your Traditional IRA, at least two years must have elapsed from your initial SIMPLE IRA contribution. The two-year waiting period begins on the date on which first day you first participated in any your employer's SIMPLE IRA Plan maintained by plan. If the employertwo-year period has elapsed, and you must contribute may withdraw, tax free, all or part of the distribution amounts in your SIMPLE IRA if you reinvest those amounts within 60 days into your IRA. You may only roll over one distribution from the date you receive it. Only one each SIMPLE IRA distribution within any 12-month period may be rolled over in an IRA-to-IRA rollover transactionevery 12 months. The 12-month waiting period begins on the date you receive an the SIMPLE IRA distribution that you subsequently roll overdistribution, not on the date you complete roll it over into an IRA. In addition, the rollover transactionamounts rolled to a Traditional IRA may not be rolled over again until 12 months has elapsed. Employer Retirement Plan-to-Plan to IRA Rollover (by IRA Owner). Eligible distributions from qualifying employer retirement plans plan(s) may be rolled over, directly or indirectly, to your Traditional IRA. Qualifying employer retirement plans include qualified plans (e.g., 401(k) plans or profit sharing plans), governmental 457(b) plans, 403(b) arrangements and 403(a) arrangements. Amounts that may not be rolled over to your Traditional IRA include any required minimum distributions, hardship distributions, any part of a series of substantially equal periodic payments, or distributions consisting of ▇▇▇▇ 401(k) or ▇▇▇▇ 403(b) assets. Conduit IRA. You may use your IRA as a conduit to temporarily hold holding account (conduit) for amounts you receive in an eligible rollover distribution from an one employer's retirement plan that you later roll over into a new employer's retirement plan. The conduit IRA must be made up of only those amounts and earnings on those amounts. Should you combine or add other amounts (amounts, e.g., regular contributions) , to your conduit IRA, you may lose the ability to subsequently roll these funds into another employer plan not be able to take advantage of special tax rules available for certain qualified plan distribution amounts. Consult your tax advisor for additional information. Employer Retirement Plan-to-Plan to IRA Rollover (by Inherited IRA Owner). Please refer to the section of this document entitled “Inherited IRA”” of this document. IRA-to-Employer ▇▇▇ ▇▇▇▇▇▇▇▇ to Employer's Retirement Plan RolloverPlan. If your employer's retirement plan accepts rollovers from IRAs, you may complete a direct or indirect rollover of your pre-tax assets in your Traditional IRA into your employer retirement plan. If you are required to take minimum distributions because you are age 70½ or older, you may not roll over any required minimum distributionsIRA. Conversion of Traditional IRA to ▇▇▇▇ ▇▇▇. Generally, you may convert all or a portion part of your Traditional IRA to a ▇▇▇▇ ▇▇▇ provided you meet any applicable current eligibility requirements as defined in the Code and Regulations. Except for amounts that represent basis, amounts Amounts converted are generally treated as taxable distributionsdistributions (unless any amounts represent nondeductible contributions). However, if you are under age 59½ and completing an eligible conversion, the premature distribution penalty that typically applies to taxable withdrawals taken prior to age 59½, tax does not apply to amounts converted from a Traditional IRA to a ▇▇▇▇ ▇▇▇apply. Required minimum distributions may not be converted. Traditional IRA-to-▇▇▇▇ ▇▇▇ conversions are not subject to the 12-month rollover restriction that typically applies to rollovers between IRAs. Rollover of Exxon ▇▇▇▇▇▇ Settlement Income. Certain income received as an Exxon ▇▇▇▇▇▇ qualified settlement may be rolled over to a Traditional IRA or another eligible retirement plan. The amount contributed cannot exceed the lesser of $100,000 (reduced by the amount of any qualified settlement income contributed to an eligible retirement plan in prior tax years) or the amount of qualified settlement income received during the tax year. Contributions for the year can be made until the due date for filing your return, not including extensions. RECHARACTERIZATIONS Recharacterize a Contribution/Conversion. You may "recharacterize" a contribution/conversion made to one type of IRA (either Traditional or ▇▇▇▇ ▇▇▇) and treat it as if it was made to a different type of IRA (Traditional or ▇▇▇▇ ▇▇▇). Both the contribution/conversion amount along with the net income attributable to the contribution/conversion must be transferred. If there was a loss, the amount of any loss will reduce the amount you recharacterize. The deadline for completing a recharacterization is your tax return due date (including any extensions) for the year for which the contribution/conversion was made to the first IRA. Recharacterization requests must be made in a form and manner acceptable to the Custodian. Report recharacterizations to the IRS by attaching a statement to your Form 1040. You may also need to file Form 8606. Reconversion. A reconversion occurs when you convert IRA assets that have been previously converted and recharacterized. A reconversion must occur in a subsequent year to the prior conversion, or if later, after 30 days has elapsed since the recharacterization. TRANSFERS

Rollover Contributions. Generally, a rollover is a movement of cash or assets from one retirement plan to another. If you are required to take minimum distributions because you are age 70½ 72 or older, you may not roll over any required minimum distributions. Both the distribution and the rollover contribution are reportable when you file your income taxes. You must irrevocably elect to treat such contributions as rollovers. IRA-to-▇▇▇ ▇▇▇▇▇▇▇▇. to-IRA Indirect Rollover: You may withdraw, tax free, all or a portion of your Traditional IRA if you contribute the amount withdrawn within 60 days from the date you receive the distribution into the same or another Traditional IRA as a an indirect rollover. To complete a an indirect rollover of a SIMPLE IRA distribution to your Traditional IRA, at least two years must have elapsed from the date on which you first participated in any SIMPLE IRA Plan plan maintained by the employer, and you must contribute the distribution within 60 days from the date you receive it. Only one IRA distribution within any 12-12- month period may be rolled over in an IRA-to-IRA 60 day indirect rollover transaction. The 12-month waiting period begins on the date you receive an IRA distribution that you subsequently roll over, not on the date you complete the indirect rollover transaction. If you roll over the entire amount of an IRA distribution (including any amount withheld for federal, state, or other income taxes that you did not receive), you do not have to report the distribution as taxable income. Any amount not properly rolled over within the 60-day period will generally be taxable in the year distributed (except for any amount that represents basis) and may be, if you are under age 59½, subject to the premature distribution penalty tax. Employer Retirement Plan-to-Traditional IRA Rollover (by Traditional IRA Owner). ): Eligible rollover distributions from qualifying employer retirement plans may be rolled over, directly or indirectly, to your Traditional IRA. Qualifying employer retirement plans include qualified plans (e.g., 401(k) plans or profit sharing plans), governmental 457(b) plans, 403(b) arrangements and 403(a) arrangements. Amounts that may not be rolled over to your Traditional IRA include any required minimum distributions, hardship distributions, any part of a series of substantially equal periodic payments, or distributions consisting of ▇▇▇▇ 401(k) or ▇▇▇▇ 403(b) assets. To complete a direct rollover from an employer plan to your Traditional IRA, you must generally instruct the plan administrator to send the distribution to your Traditional IRA Custodian. To complete an indirect rollover to your Traditional IRA, you must generally request that the plan administrator make a distribution directly to you. You typically have 60 days from the date you receive an eligible rollover distribution to complete an indirect rollover. Any amount not properly rolled over within the 60-day period will generally be taxable in the year distributed (except for any amount that represents after-tax contributions) and may be, if you are under age 59½, subject to the premature distribution penalty tax. However, if you inadvertently fail to complete the rollover of a distribution within 60 days, you may be able to obtain a waiver of the 60-day time limit through a self-certification procedure if you meet certain requirements. Additionally, for certain qualified plan loan offsets (which is generally the amount an employer retirement plan account balance is reduced, or offset, to repay a loan from such plan, when the employer plan terminates, or because the participant severed from employment), you may have until the due date (including extensions) for your tax return for the tax year in which the offset occurs to complete the rollover to your IRA. If your plan loan offset is not “qualified,” then you have 60 days from the date the offset occurs to complete your rollover. If you choose the indirect rollover method, the plan administrator is typically required to withhold 20% of the eligible rollover distribution amount for purposes of federal income tax withholding. You may, however, make up the withheld amount out of pocket and roll over the full amount. If you do not make up the withheld amount out of pocket, the 20% withheld (and not rolled over) will be treated as a distribution, subject to applicable taxes and penalties. Conduit IRA. : You may use your IRA as a conduit to temporarily hold amounts you receive in an eligible rollover distribution from an employer's ’s retirement plan. Should you combine or add other amounts (e.g., regular contributions) to your conduit IRA, you may lose the ability to subsequently roll these funds into another employer plan to take advantage of special tax rules available for certain qualified plan distribution amounts. Consult your tax advisor for additional information. At this time you are limited to having only one active Traditional IRA and one active ▇▇▇▇ ▇▇▇ on the Robinhood platform. Employer Retirement Plan-to-Traditional IRA Rollover (by Inherited Traditional IRA Owner). ): Please refer to the section of this document entitled “Inherited IRA”. Traditional IRA-to-Employer Retirement Plan Rollover. : If your employer's ’s retirement plan accepts rollovers from IRAs, you may complete a direct or indirect rollover of your pre-pre- tax assets in your Traditional IRA into your employer retirement plan. If you are required to take minimum distributions RMDs because you are age 70½ 72 or older, you may not roll over any required minimum distributionsRMDs. Conversion of Traditional IRA to ▇▇▇▇ ▇▇▇. Generally, you may convert all or a portion of your Traditional IRA to a ▇▇▇▇ ▇▇▇ provided you meet any applicable eligibility requirements as defined in the Code and Regulations. Except for amounts that represent basis, amounts converted are generally treated as taxable distributions. However, the premature distribution penalty that typically applies to taxable withdrawals taken prior to age 59½, does not apply to amounts converted from a Traditional IRA to a ▇▇▇▇ ▇▇▇. Required minimum distributions may not be converted. Traditional IRA-to-▇▇▇▇ ▇▇▇ conversions are not subject to the 12-month rollover restriction that typically applies to rollovers between IRAs. Direct Rollover of Exxon ▇▇▇▇▇▇ Settlement Income. Certain income received as an Exxon ▇▇▇▇▇▇ qualified settlement may be rolled over to a Traditional IRA or another eligible retirement plan. The amount contributed cannot exceed the lesser of $100,000 (reduced by the amount of any qualified settlement income contributed requests to an eligible employer’s retirement plan in prior tax years) or the amount of qualified settlement income received during the tax year. Contributions for the year can be made until the due date for filing your return, not including extensions. RECHARACTERIZATIONS Recharacterize a Contribution/Conversion. You may "recharacterize" a contribution/conversion made to one type of IRA (either Traditional or ▇▇▇▇ ▇▇▇) and treat it as if it was made to a different type of IRA (Traditional or ▇▇▇▇ ▇▇▇). Both the contribution/conversion amount along with the net income attributable to the contribution/conversion must be transferred. If there was a loss, the amount of any loss will reduce the amount you recharacterize. The deadline for completing a recharacterization is your tax return due date (including any extensions) for the year for which the contribution/conversion was made to the first IRA. Recharacterization requests must be made in a form and manner acceptable to the Custodian. Report recharacterizations to the IRS by attaching a statement to your Form 1040. You may also need to file Form 8606. Reconversion. A reconversion occurs when you convert IRA assets that have been previously converted and recharacterized. A reconversion must occur in a subsequent year to the prior conversion, or if later, after 30 days has elapsed since the recharacterization. TRANSFERS.

Rollover Contributions. Generally, a rollover is a movement of cash or assets from one retirement plan to another. If you are required to take minimum distributions because you are age 70½ 72 or older, you may not roll over any required minimum distributions. Both the distribution and the rollover contribution are reportable when you file your income taxes. You must irrevocably elect to treat such contributions as rollovers. IRA-to-▇▇▇ ▇▇▇▇▇▇▇▇. to-IRA Rollover: You may withdraw, tax free, all or a portion of your Traditional IRA if you contribute the amount withdrawn within 60 days from the date you receive the distribution into the same or another Traditional IRA as a rollover. To complete a rollover of a SIMPLE IRA distribution to your Traditional IRA, at least two years must have elapsed from the date on which you first participated in any SIMPLE IRA Plan plan maintained by the employer, and you must contribute the distribution within 60 days from the date you receive it. Only one IRA distribution within any 12-month period may be rolled over in an IRA-to-IRA 60 day rollover transaction. The 12-month waiting period begins on the date you receive an IRA distribution that you subsequently roll over, not on the date you complete the rollover transaction. If you roll over the entire amount of an IRA distribution (including any amount withheld for federal, state, or other income taxes that you did not receive), you do not have to report the distribution as taxable income. Any amount not properly rolled over within the 60-day period will generally be taxable in the year distributed (except for any amount that represents basis) and may be, if you are under age 5e½, subject to the premature distribution penalty tax. Employer Retirement Plan-to-Traditional IRA Rollover (by Traditional IRA Owner). ): Eligible rollover distributions from qualifying employer retirement plans may be rolled over, directly or indirectly, to your Traditional IRA. Qualifying employer retirement plans include qualified plans (e.g., 401(k) plans or profit sharing plans), governmental 457(b) plans, 403(b) arrangements and 403(a) arrangements. Amounts that may not be rolled over to your Traditional IRA include any required minimum distributions, hardship distributions, any part of a series of substantially equal periodic payments, or distributions consisting of ▇▇▇▇ 401(k) or ▇▇▇▇ 403(b) assets. To complete a direct rollover from an employer plan to your Traditional IRA, you must generally instruct the plan administrator to send the distribution to your Traditional IRA Custodian. To complete an indirect rollover to your Traditional IRA, you must generally request that the plan administrator make a distribution directly to you. You typically have 60 days from the date you receive an eligible rollover distribution to complete an indirect rollover. Any amount not properly rolled over within the 60-day period will generally be taxable in the year distributed (except for any amount that represents after-tax contributions) and may be, if you are under age 5e½, subject to the premature distribution penalty tax. However, if you inadvertently fail to complete the rollover of a distribution within 60 days, you may be able to obtain a waiver of the 60-day time limit through a self-certification procedure if you meet certain requirements. Additionally, for certain qualified plan loan offsets (which is generally the amount an employer retirement plan account balance is reduced, or offset, to repay a loan from such plan, when the employer plan terminates, or because the participant severed from employment), you may have until the due date (including extensions) for your tax return for the tax year in which the offset occurs to complete the rollover to your IRA. If your plan loan offset is not “qualified,” then you have 60 days from the date the offset occurs to complete your rollover. If you choose the indirect rollover method, the plan administrator is typically required to withhold 20% of the eligible rollover distribution amount for purposes of federal income tax withholding. You may, however, make up the withheld amount out of pocket and roll over the full amount. If you do not make up the withheld amount out of pocket, the 20% withheld (and not rolled over) will be treated as a distribution, subject to applicable taxes and penalties. Conduit IRA. : You may use your IRA as a conduit to temporarily hold amounts you receive in an eligible rollover distribution from an employer's ’s retirement plan. Should you combine or add other amounts (e.g., regular contributions) to your conduit IRA, you may lose the ability to subsequently roll these funds into another employer plan to take advantage of special tax rules available for certain qualified plan distribution amounts. Consult your tax advisor for additional information. Employer Retirement Plan-to-Traditional IRA Rollover (by Inherited Traditional IRA Owner). ): Please refer to the section of this document entitled “Inherited IRA”. Traditional IRA-to-Employer Retirement Plan Rollover. : If your employer's ’s retirement plan accepts rollovers from IRAs, you may complete a direct or indirect rollover of your pre-tax assets in your Traditional IRA into your employer retirement plan. If you are required to take minimum distributions because you are age 70½ 72 or older, you may not roll over any required minimum distributions. Conversion of Traditional IRA to ▇▇▇▇ ▇▇▇. Generally, you may convert all or a portion of your Traditional IRA to a ▇▇▇▇ ▇▇▇ provided you meet any applicable eligibility requirements as defined in the Code and Regulations. Except for amounts that represent basis, amounts converted are generally treated as taxable distributions. However, the premature distribution penalty that typically applies to taxable withdrawals taken prior to age 59½, does not apply to amounts converted from a Traditional IRA to a ▇▇▇▇ ▇▇▇. Required minimum distributions may not be converted. Traditional IRA-to-▇▇▇▇ ▇▇▇ conversions are not subject to the 12-month rollover restriction that typically applies to rollovers between IRAs. Rollover of Exxon ▇▇▇▇▇▇ Settlement Income. Certain income received as an Exxon ▇▇▇▇▇▇ qualified settlement may be rolled over to a Traditional IRA or another eligible retirement plan. The amount contributed cannot exceed the lesser of $100,000 (reduced by the amount of any qualified settlement income contributed to an eligible retirement plan in prior tax years) or the amount of qualified settlement income received during the tax year. Contributions for the year can be made until the due date for filing your return, not including extensions. RECHARACTERIZATIONS Recharacterize a Contribution/Conversion. You may "recharacterize" a contribution/conversion made to one type of IRA (either Traditional or ▇▇▇▇ ▇▇▇) and treat it as if it was made to a different type of IRA (Traditional or ▇▇▇▇ ▇▇▇). Both the contribution/conversion amount along with the net income attributable to the contribution/conversion must be transferred. If there was a loss, the amount of any loss will reduce the amount you recharacterize. The deadline for completing a recharacterization is your tax return due date (including any extensions) for the year for which the contribution/conversion was made to the first IRA. Recharacterization requests must be made in a form and manner acceptable to the Custodian. Report recharacterizations to the IRS by attaching a statement to your Form 1040. You may also need to file Form 8606. Reconversion. A reconversion occurs when you convert IRA assets that have been previously converted and recharacterized. A reconversion must occur in a subsequent year to the prior conversion, or if later, after 30 days has elapsed since the recharacterization. TRANSFERS.

Rollover Contributions. Generally, a rollover is a movement of cash or assets from one retirement plan to another. If you are required to take minimum distributions because you are age 70½ or older, you may not roll over any required minimum distributions. Both the distribution and the rollover contribution are reportable when you file your income taxes. You must irrevocably elect to treat such contributions as rollovers. IRA-to-▇▇▇ ▇▇▇▇▇▇▇▇. You may withdraw, tax free, all or a portion part of the amounts in your Traditional IRA if you contribute the amount withdrawn reinvest those amounts within 60 days into the same or another IRA. You may only roll over one distribution from each IRA every 12 months. The 12-month waiting period begins on the date you receive the distribution IRA distribution, not on the date you roll it over into an IRA. In addition, the same or another amounts rolled to a subsequent IRA may not be rolled over again until 12 months has elapsed. SIMPLE IRA to Traditional IRA as a rolloverRollover. To complete a rollover of a your SIMPLE IRA distribution to your Traditional IRA, at least two years must have elapsed from your initial SIMPLE IRA contribution. The two-year waiting period begins on the date on which first day you first participated in any your employer's SIMPLE IRA Plan maintained by plan. If the employertwo-year period has elapsed, and you must contribute may withdraw, tax free, all or part of the distribution amounts in your SIMPLE IRA if you reinvest those amounts within 60 days into your IRA. You may only roll over one distribution from the date you receive it. Only one each SIMPLE IRA distribution within any 12-month period may be rolled over in an IRA-to-IRA rollover transactionevery 12 months. The 12-month waiting period begins on the date you receive an the SIMPLE IRA distribution that you subsequently roll overdistribution, not on the date you complete roll it over into an IRA. In addition, the rollover transactionamounts rolled to a Traditional IRA may not be rolled over again until 12 months has elapsed. Employer Retirement Plan-to-Plan to IRA Rollover (by IRA Owner). Eligible distributions from qualifying employer retirement plans plan(s) may be rolled over, directly or indirectly, to your Traditional IRA. Qualifying employer retirement plans include qualified plans (e.g., 401(k) plans or profit sharing plans), governmental 457(b) plans, 403(b) arrangements and 403(a) arrangements. Amounts that may not be rolled over to your Traditional IRA include any required minimum distributions, hardship distributions, any part of a series of substantially equal periodic payments, or distributions consisting of ▇▇▇▇ 401(k) or ▇▇▇▇ 403(b) assets. Conduit IRA. You may use your IRA as a conduit to temporarily hold holding account (conduit) for amounts you receive in an eligible rollover distribution from an one employer's retirement plan that you later roll over into a new employer's retirement plan. The conduit IRA must be made up of only those amounts and earnings on those amounts. Should you combine or add other amounts (amounts, e.g., regular contributions) , to your conduit IRA, you may lose the ability to subsequently roll these funds into another employer plan not be able to take advantage of special tax rules available for certain qualified plan distribution amounts. Consult your tax advisor for additional information. Employer Retirement Plan-to-Plan to IRA Rollover (by Inherited IRA Owner). Please refer to the section of this document entitled “Inherited IRA”” of this document. IRA-to-Employer ▇▇▇ ▇▇▇▇▇▇▇▇ to Employer's Retirement Plan RolloverPlan. If your employer's retirement plan accepts rollovers from IRAs, you may complete a direct or indirect rollover of your pre-tax assets in your Traditional IRA into your employer retirement plan. If you are required to take minimum distributions because you are age 70½ or older, you may not roll over any required minimum distributionsIRA. Conversion of Traditional IRA to ▇▇▇▇ ▇▇▇. Generally, you may convert all or a portion part of your Traditional IRA to a ▇▇▇▇ ▇▇▇ provided you meet any applicable current eligibility requirements as defined in the Code and Regulations. Except for amounts that represent basis, amounts Amounts converted are generally treated as taxable distributionsdistributions (unless any amounts represent nondeductible contributions). However, if you are under age 59½ and completing an eligible conversion, the premature distribution penalty that typically applies to taxable withdrawals taken prior to age 59½, tax does not apply to amounts converted from a Traditional IRA to a ▇▇▇▇ ▇▇▇apply. Required minimum distributions may not be converted. Traditional IRA-to-▇▇▇▇ ▇▇▇ conversions are not subject to the 12-month rollover restriction that typically applies to rollovers between IRAs. Rollover of Exxon ▇▇▇▇▇▇ Settlement Income. Certain income received as an Exxon ▇▇▇▇▇▇ qualified settlement may be rolled over to a Traditional IRA or another eligible retirement plan. The amount contributed cannot exceed the lesser of $100,000 (reduced by the amount of any qualified settlement income contributed to an eligible retirement plan in prior tax years) or the amount of qualified settlement income received during the tax year. Contributions for the year can be made until the due date for filing your return, not including extensions. RECHARACTERIZATIONS Recharacterize a Contribution/Conversion. You may "recharacterize" a contribution/conversion made to one type of IRA (either Traditional or ▇▇▇▇ ▇▇▇) and treat it as if it was made to a different type of IRA (Traditional or ▇▇▇▇ ▇▇▇). Both the contribution/conversion amount along with the net income attributable to the contribution/conversion must be transferred. If there was a loss, the amount of any loss will reduce the amount you recharacterize. The deadline for completing a recharacterization is your tax return due date (including any extensions) for the year for which the contribution/conversion was made to the first IRA. Recharacterization requests must be made in a form and manner acceptable to the Custodian. Report recharacterizations to the IRS by attaching a statement to your Form 1040. You may also need to file Form 8606. Reconversion. A reconversion occurs when you convert IRA assets that have been previously converted and recharacterized. A reconversion must occur in a subsequent year to the prior conversion, or if later, after 30 days has elapsed since the recharacterization. TRANSFERS

Rollover Contributions. Generally, a rollover is a movement of cash or assets from one retirement plan to another. If you are required to take minimum distributions because you are age 70½ or older, you may not roll over any required minimum distributions. Both the distribution and the rollover contribution are reportable when you file your income taxes. You must irrevocably elect to treat such contributions as rollovers. IRA-to-▇▇▇-to-▇▇▇ ▇▇▇▇▇▇▇▇Rollover. You may withdraw, tax free, all or a portion of your Traditional IRA ▇▇▇ if you contribute the amount withdrawn within 60 days from the date you receive the distribution into the same or another Traditional IRA ▇▇▇ as a rollover. To complete a rollover of a SIMPLE IRA ▇▇▇ distribution to your Traditional IRA▇▇▇, at least two years must have elapsed from the date on which you first participated in any SIMPLE IRA ▇▇▇ Plan maintained by the employer, and you must contribute the distribution within 60 days from the date you receive it. Only one IRA ▇▇▇ distribution within any 12-month period may be rolled over in an IRA-to-IRA ▇▇▇-to-▇▇▇ rollover transaction. The 12-month waiting period begins on the date you receive an IRA ▇▇▇ distribution that you subsequently roll over, not the date you complete the rollover transaction. If you roll over the entire amount of an ▇▇▇ distribution (including any amount withheld for federal, state, or other income taxes that you did not receive), you do not have to report the distribution as taxable income. Any amount not properly rolled over within the 60-day period will generally be taxable in the year distributed (except for any amount that represents basis) and may be, if you are under age 59½, subject to the premature distribution penalty tax. Employer Retirement Plan-to-IRA to-▇▇▇ Rollover (by IRA ▇▇▇ Owner). Eligible distributions from qualifying employer retirement plans may be rolled over, directly or indirectly, to your Traditional IRA▇▇▇. Qualifying employer retirement plans include qualified plans (e.g., 401(k) plans or profit sharing plans), governmental 457(b) plans, 403(b) arrangements and 403(a) arrangements. Amounts that may not be rolled over to your Traditional IRA ▇▇▇ include any required minimum distributions, hardship distributions, any part of a series of substantially equal periodic payments, or distributions consisting of ▇▇▇▇ 401(k) or ▇▇▇▇ 403(b) assets. To complete a direct rollover, you must generally instruct the plan administrator to send the distribution to your Traditional ▇▇▇ Custodian. To complete an indirect rollover, you must generally request that the plan administrator make a distribution directly to you. You typically have 60 days from the date you receive an eligible rollover distribution to complete an indirect rollover. Any amount not properly rolled over within the 60-day period will generally be taxable in the year distributed (except for any amount that represents after-tax contributions) and may be, if you are under age 59½, subject to the premature distribution penalty tax. If you choose the indirect rollover method, the plan administrator is typically required to withhold 20% of the eligible rollover distribution amount for purposes of federal income tax withholding. You may, however, make up the withheld amount out of pocket and roll over the full amount. If you do not make up the withheld amount out of pocket, the 20% withheld (and not rolled over) will be treated as a distribution, subject to applicable taxes and penalties. Conduit IRA▇▇▇. You may use your IRA ▇▇▇ as a conduit to temporarily hold amounts you receive in an eligible rollover distribution from an employer's retirement plan. Should you combine or add other amounts (e.g., regular contributions) to your conduit IRA▇▇▇, you may lose the ability to subsequently roll these funds into another employer plan to take advantage of special tax rules available for certain qualified plan distribution amounts. Consult your tax advisor for additional information. Employer Retirement Plan-to-IRA to-▇▇▇ Rollover (by Inherited IRA ▇▇▇ Owner). Please refer to the section of this document entitled “Inherited IRA▇▇▇”. IRA-to▇▇▇-to-Employer Retirement Plan Rollover. If your employer's retirement plan accepts rollovers from IRAs, you may complete a direct or indirect rollover of your pre-tax assets in your Traditional IRA ▇▇▇ into your employer retirement plan. If you are required to take minimum distributions because you are age 70½ or older, you may not roll over any required minimum distributions. Conversion of Traditional IRA ▇▇▇ to ▇▇▇▇ ▇▇▇. Generally, you may convert all or a portion of your Traditional IRA ▇▇▇ to a ▇▇▇▇ ▇▇▇ provided you meet any applicable eligibility requirements as defined in the Code and Regulations. Except for amounts that represent basis, amounts converted are generally treated as taxable distributions. However, the premature distribution penalty that typically applies to taxable withdrawals taken prior to age 59½, does not apply to amounts converted from a Traditional IRA ▇▇▇ to a ▇▇▇▇ ▇▇▇. Required minimum distributions may not be converted. Traditional IRA-to-▇▇▇-to-▇▇▇▇ ▇▇▇ conversions are not subject to the 12-month rollover restriction that typically applies to rollovers between IRAs. Rollover of Exxon ▇▇▇▇▇▇ Settlement Income. Certain income received as an Exxon ▇▇▇▇▇▇ qualified settlement may be rolled over to a Traditional IRA ▇▇▇ or another eligible retirement plan. The amount contributed cannot exceed the lesser of $100,000 (reduced by the amount of any qualified settlement income contributed to an eligible retirement plan in prior tax years) or the amount of qualified settlement income received during the tax year. Contributions for the year can be made until the due date for filing your return, not including extensions. RECHARACTERIZATIONS Recharacterize a Contribution/Conversion. You may "recharacterize" a contribution/conversion made to one type of IRA ▇▇▇ (either Traditional or ▇▇▇▇ ▇▇▇) and treat it as if it was made to a different type of IRA ▇▇▇ (Traditional or ▇▇▇▇ ▇▇▇). Both the contribution/conversion amount along with the net income attributable to the contribution/conversion must be transferred. If there was a loss, the amount of any loss will reduce the amount you recharacterize. The deadline for completing a recharacterization is your tax return due date (including any extensions) for the year for which the contribution/conversion was made to the first IRA▇▇▇. Recharacterization requests must be made in a form and manner acceptable to the Custodian. Report recharacterizations to the IRS by attaching a statement to your Form 1040. You may also need to file Form 8606. Reconversion. A reconversion occurs when you convert IRA ▇▇▇ assets that have been previously converted and recharacterized. A reconversion must occur in a subsequent year to the prior conversion, or if later, after 30 days has elapsed since the recharacterization. TRANSFERS

Rollover Contributions. Generally, a rollover is a movement of cash or assets from one retirement plan to another. If you are required to take minimum distributions because you are age 70½ or older, you may not roll over any required minimum distributions. Both the distribution and the rollover contribution are reportable when you file your income taxes. You must irrevocably elect to treat such contributions as rollovers. IRA-to-▇▇▇ ▇▇▇▇▇▇▇▇. You may withdraw, tax free, all or a portion of your Traditional IRA if you contribute the amount withdrawn within 60 days from the date you receive the distribution into the same or another Traditional IRA as a rollover. To complete a rollover of a SIMPLE IRA distribution to your Traditional IRA, at least two years must have elapsed from the date on which you first participated in any SIMPLE IRA Plan maintained by the employer, and you must contribute the distribution within 60 days from the date you receive it. Only one IRA distribution within any 12-month period may be rolled over in an IRA-to-IRA rollover transaction. The 12-month waiting period begins on the date you receive an IRA distribution that you subsequently roll over, not the date you complete the rollover transaction. If you roll over the entire amount of an IRA distribution (including any amount withheld for federal, state, or other income taxes that you did not receive), you do not have to report the distribution as taxable income. Any amount not properly rolled over within the 60-day period will generally be taxable in the year distributed (except for any amount that represents basis) and may be, if you are under age 59½, subject to the premature distribution penalty tax. Employer Retirement Plan-to-IRA Rollover (by IRA Owner). Eligible distributions from qualifying employer retirement plans may be rolled over, directly or indirectly, to your Traditional IRA. Qualifying employer retirement plans include qualified plans (e.g., 401(k) plans or profit sharing plans), governmental 457(b) plans, 403(b) arrangements and 403(a) arrangements. Amounts that may not be rolled over to your Traditional IRA include any required minimum distributions, hardship distributions, any part of a series of substantially equal periodic payments, or distributions consisting of ▇▇▇▇ 401(k) or ▇▇▇▇ 403(b) assets. To complete a direct rollover, you must generally instruct the plan administrator to send the distribution to your Traditional IRA Custodian. To complete an indirect rollover, you must generally request that the plan administrator make a distribution directly to you. You typically have 60 days from the date you receive an eligible rollover distribution to complete an indirect rollover. Any amount not properly rolled over within the 60-day period will generally be taxable in the year distributed (except for any amount that represents after-tax contributions) and may be, if you are under age 59½, subject to the premature distribution penalty tax. If you choose the indirect rollover method, the plan administrator is typically required to withhold 20% of the eligible rollover distribution amount for purposes of federal income tax withholding. You may, however, make up the withheld amount out of pocket and roll over the full amount. If you do not make up the withheld amount out of pocket, the 20% withheld (and not rolled over) will be treated as a distribution, subject to applicable taxes and penalties. Conduit IRA. You may use your IRA as a conduit to temporarily hold amounts you receive in an eligible rollover distribution from an employer's retirement plan. Should you combine or add other amounts (e.g., regular contributions) to your conduit IRA, you may lose the ability to subsequently roll these funds into another employer plan to take advantage of special tax rules available for certain qualified plan distribution amounts. Consult your tax advisor for additional information. Employer Retirement Plan-to-IRA Rollover (by Inherited IRA Owner). Please refer to the section of this document entitled “Inherited IRA”. IRA-to-Employer Retirement Plan Rollover. If your employer's retirement plan accepts rollovers from IRAs, you may complete a direct or indirect rollover of your pre-tax assets in your Traditional IRA into your employer retirement plan. If you are required to take minimum distributions because you are age 70½ or older, you may not roll over any required minimum distributions. Conversion of Traditional IRA to ▇▇▇▇ ▇▇▇. Generally, you may convert all or a portion of your Traditional IRA to a ▇▇▇▇ ▇▇▇ provided you meet any applicable eligibility requirements as defined in the Code and Regulations. Except for amounts that represent basis, amounts converted are generally treated as taxable distributions. However, the premature distribution penalty that typically applies to taxable withdrawals taken prior to age 59½, does not apply to amounts converted from a Traditional IRA to a ▇▇▇▇ ▇▇▇. Required minimum distributions may not be converted. Traditional IRA-to-▇▇▇▇ ▇▇▇ conversions are not subject to the 12-month rollover restriction that typically applies to rollovers between IRAs. Rollover of Exxon ▇▇▇▇▇▇ Settlement Income. Certain income received as an Exxon ▇▇▇▇▇▇ qualified settlement may be rolled over to a Traditional IRA or another eligible retirement plan. The amount contributed cannot exceed the lesser of $100,000 (reduced by the amount of any qualified settlement income contributed to an eligible retirement plan in prior tax years) or the amount of qualified settlement income received during the tax year. Contributions for the year can be made until the due date for filing your return, not including extensions. RECHARACTERIZATIONS Recharacterize a Contribution/Conversion. You may "recharacterize" a contribution/conversion made to one type of IRA (either Traditional or ▇▇▇▇ ▇▇▇) and treat it as if it was made to a different type of IRA (Traditional or ▇▇▇▇ ▇▇▇). Both the contribution/conversion amount along with the net income attributable to the contribution/conversion must be transferred. If there was a loss, the amount of any loss will reduce the amount you recharacterize. The deadline for completing a recharacterization is your tax return due date (including any extensions) for the year for which the contribution/conversion was made to the first IRA. Recharacterization requests must be made in a form and manner acceptable to the Custodian. Report recharacterizations to the IRS by attaching a statement to your Form 1040. You may also need to file Form 8606. Reconversion. A reconversion occurs when you convert IRA assets that have been previously converted and recharacterized. A reconversion must occur in a subsequent year to the prior conversion, or if later, after 30 days has elapsed since the recharacterization. TRANSFERS