Common use of Rollovers Clause in Contracts

Rollovers. Generally, a rollover is a movement of cash or assets from one retirement plan to another. Both the distribution and the rollover contribution are reportable when you file your income taxes, however, if you roll over the entire amount of an IRA or retirement plan distribution (including any amount withheld for federal, state, or other income taxes that you did not receive), you generally do not have to report the distribution as taxable income. If you are required to take minimum distributions because you are age 70½ or older, you may not roll over any required minimum distributions. You must irrevocably elect to treat such contributions as rollovers. Traditional IRA-to-Traditional IRA Rollover. You may withdraw, tax free, all or a portion of your Traditional IRA if you contribute the amount withdrawn into the same or another Traditional IRA as a rollover. When completing a rollover from a Traditional IRA to a Traditional IRA, you must generally complete the rollover transaction within 60 days from the date you receive the distribution from the distributing Traditional IRA. 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. Traditional IRA-to-SIMPLE IRA Rollover. An amount distributed from your Traditional IRA may be rolled over to your SIMPLE IRA only after at least two years have elapsed from the date on which you first participated in any SIMPLE IRA Plan maintained by the employer. When completing a rollover from a Traditional IRA to a SIMPLE IRA, you must generally complete the rollover transaction within 60 days from the date you receive the distribution from your Traditional IRA. 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. Traditional 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 take constructive receipt of a distribution from your Traditional IRA to complete a rollover to an employer plan (i.e., an indirect rollover), you must generally complete the rollover transaction within 60 days from the date you receive the distribution. SIMPLE IRA-to-Traditional IRA Rollover. To complete a rollover of a SIMPLE IRA distribution to a 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 generally 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-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 designated ▇▇▇▇ contributions (and earnings thereon) from a 401(k), 403(b), or 457(b) plan. Employer Retirement Plan-to-Traditional IRA Rollover (by Inherited IRA Owner). Please refer to the section of this document entitled “Inherited IRA.” 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. 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. RECHARACTERIZATIONS

Rollovers. Generally, a rollover is a movement of cash or assets from one retirement plan to another. Both the distribution and the rollover contribution are reportable when you file your income taxes, however, if you roll over the entire amount of an IRA or retirement plan distribution (including any amount withheld for federal, state, or other income taxes that you did not receive), you generally do not have to report the distribution as taxable income. If you are required to take minimum distributions because you are age 70½ or older, you may not roll over any required minimum distributions. You must irrevocably elect to treat such contributions as rollovers. Traditional IRA-to-Traditional IRA Rollover. You may withdraw, tax free, all or a portion of your Traditional IRA if you contribute the amount withdrawn into the same or another Traditional IRA as a rollover. When completing a rollover from a Traditional IRA to a Traditional IRA, you must generally complete the rollover transaction within 60 days from the date you receive the distribution from the distributing Traditional IRA. 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. Traditional IRA-to-SIMPLE IRA Rollover. An amount distributed from your Traditional IRA may be rolled over to your SIMPLE IRA only after at least two years have elapsed from the date on which you first participated in any SIMPLE IRA Plan maintained by the employer. When completing a rollover from a Traditional IRA to a SIMPLE IRA, you must generally complete the rollover transaction within 60 days from the date you receive the distribution from your Traditional IRA. 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. Traditional 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 take constructive receipt of a distribution from your Traditional IRA to complete a rollover to an employer plan (i.e., an indirect rollover), you must generally complete the rollover transaction within 60 days from the date you receive the distribution. SIMPLE IRA-to-Traditional IRA Rollover. To complete a rollover of a SIMPLE IRA distribution to a 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 generally 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-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 designated ▇▇▇▇ contributions (and earnings thereon) from a 401(k), 403(b), or 457(b) plan. Employer Retirement Plan-to-Traditional IRA Rollover (by Inherited IRA Owner). Please refer to the section of this document entitled “Inherited IRA.” 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. 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. RECHARACTERIZATIONSRECHARACTERIZATIONS 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 Traditional 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

Rollovers. Generally, a rollover is a movement of cash or assets from one retirement plan to another. Both the distribution and the rollover contribution are reportable when you file your income taxes, however, if you roll over the entire amount of an IRA or retirement plan distribution (including any amount withheld for federal, state, or other income taxes that you did not receive), you generally do not have to report the distribution as taxable income. If you are must take a required to take minimum distributions because you are age 70½ or olderdistribution (RMD) for the year, you may not roll over any the RMD. All RMDs must be withdrawn as required minimum distributionsunder the Code and Regulations prior to a rollover. You must irrevocably elect to treat such contributions as rollovers. Traditional IRA-to-Traditional IRA Rollover. You may withdraw, tax free, all or a portion of your Traditional IRA if you contribute the amount withdrawn into the same or another Traditional IRA as a rollover. When completing a rollover from a Traditional IRA to a Traditional IRA, you must generally complete the rollover transaction within 60 days from not later than the 60th day after the date on which you receive received the distribution from the distributing Traditional IRAdistribution. 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. Traditional IRA-to-SIMPLE IRA Rollover. An amount distributed from your Traditional IRA may be rolled over to your SIMPLE IRA only after at least two years have elapsed from the date on which you first participated in any SIMPLE IRA Plan maintained by the employer. When completing a rollover from a Traditional IRA to a SIMPLE IRA, you must generally complete the rollover transaction within 60 days from not later than the 60th day after the date on which you receive received the distribution from your Traditional IRAdistribution. 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. Traditional 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 take constructive receipt of a distribution from your Traditional IRA to complete a rollover to an employer plan (i.e., an indirect rollover), you must generally complete the rollover transaction within 60 days from not later than the 60th day after the date on which you receive received the distribution. SIMPLE IRA-to-Traditional IRA Rollover. To complete a rollover of a SIMPLE IRA distribution to a 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 generally contribute complete the distribution within 60 days from rollover transaction not later than the 60th day after the date on which you receive itreceived the distribution. Only one IRA distribution within any 12-month period may be rolled over in an IRA-to-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-Traditional IRA Rollover (by Traditional IRA Owner). Eligible rollover distributions from qualifying employer retirement plans may be rolled over, directly directly, or indirectly, to your Traditional IRA. Qualifying employer retirement plans include qualified plans (e.g., 401(k) plans or profit profit-sharing plans), governmental 457(b) plans, the federal Thrift Savings Plan, 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 corrective distributions of excess contributions, excess deferrals, excess annual additions and any income allocable to the excess, certain deemed distributions related to defaulted loans, dividends on employer securities, the cost of life insurance coverage, and distributions consisting of designated ▇▇▇▇ contributions (and earnings thereon) from a 401(k), 403(b), or governmental 457(b) plan, or the federal Thrift Savings Plan. Employer Retirement Plan-to-Traditional IRA Rollover (by Inherited IRA Owner). Please refer to the section of this document entitled “Inherited IRA.” 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 up until the due date for filing your return, not including extensions. Rollover of Wrongful IRS ▇▇▇▇. A wrongful IRS levy of assets from an IRA (including an Inherited IRA) or an employer-sponsored retirement plan that are returned to the taxpayer may be rolled over to an IRA (including an Inherited IRA) by the tax return deadline (not including extensions) for the year the assets are returned. The one IRA-to-IRA rollover per 12-month period limitation does not apply to such rollovers. 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, Amounts that represent basis may only be converted as permitted under the premature Code and/or Regulations. The early 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 (RMDs) may not be converted. All RMDs must be withdrawn as required under the Code and Regulations prior to a conversion. Traditional IRA-to-▇▇▇▇ ▇▇▇ conversions are not subject to the 12-month rollover restriction that typically applies to rollovers between IRAs. RECHARACTERIZATIONS▇▇▇▇ ▇▇▇ conversions may not be recharacterized. RECHARACTERIZATIONS Recharacterize a Contribution. You may recharacterize a contribution made to one type of IRA (either Traditional or ▇▇▇▇ ▇▇▇) and treat it as if it were made to a different type of IRA (Traditional or ▇▇▇▇ ▇▇▇). Both the contribution amount along with the net income attributable to the contribution must be transferred. If there was a loss, the amount of any loss will reduce the amount you transfer. The deadline for completing a recharacterization is your tax return due date (including any extensions) for the year for which the contribution 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. You may not recharacterize a ▇▇▇▇ ▇▇▇ conversion. TRANSFERS Transfers. You may move your IRA from one trustee custodian, or issuer to an IRA maintained by another trustee, custodian, or issuer by requesting a direct transfer. Federal law does not limit the number of transfers you may make during any year.

Rollovers. Generally, a rollover is a movement of cash or assets from one retirement plan to another. Both the distribution and the rollover contribution are reportable when you file your income taxes, however, if you roll over the entire amount of an IRA or retirement plan distribution (including any amount withheld for federal, state, or other income taxes that you did not receive), you generally do not have to report the distribution as taxable income. 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. Traditional IRA-to-Traditional IRA ▇▇▇-to-▇▇▇ Rollover. You may withdraw, tax free, all or a portion of your Traditional IRA SIMPLE ▇▇▇ if you contribute the amount withdrawn into the same or another Traditional IRA as a rollover. When completing a rollover from a Traditional IRA to a Traditional IRA, you must generally complete the rollover transaction within 60 days from the date you receive the distribution into the same or another SIMPLE ▇▇▇ (or a Traditional ▇▇▇) as a rollover. To complete a rollover of a SIMPLE ▇▇▇ distribution to a Traditional ▇▇▇, at least two years must have elapsed from the distributing Traditional IRAdate on which you first participated in any SIMPLE ▇▇▇ 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. Traditional IRA-to-If you roll over the entire amount of a SIMPLE IRA Rollover▇▇▇ 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. An Any amount distributed from your Traditional IRA may be not properly rolled over within the 60-day period will generally be taxable in the year distributed (except for any part that represents basis) and may be, if you are under age 59½, subject to your the premature distribution penalty tax. SIMPLE IRA only after at least two years have elapsed from the date on which you first participated in any SIMPLE IRA Plan maintained by the employer. When completing a rollover from a Traditional IRA to a SIMPLE IRA, you must generally complete the rollover transaction within 60 days from the date you receive the distribution from your Traditional IRA. 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. Traditional 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 SIMPLE ▇▇▇ assets in your Traditional IRA into to your employer retirement plan. If you take constructive receipt of a distribution from your Traditional IRA to complete a rollover to an employer plan (i.e., an indirect rollover), you must generally complete the rollover transaction within 60 days from the date you receive the distribution. SIMPLE IRA-to-Traditional IRA Rollover. To complete a rollover of a SIMPLE IRA distribution to a Traditional IRA, if at least two years must have elapsed from the date on which you first participated in any SIMPLE IRA ▇▇▇ Plan maintained by the employer. If you are required to take minimum distributions because you are age 70½ or older, and you must generally contribute the distribution within 60 days from the date you receive it. Only one IRA distribution within may not roll over 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 transactionrequired minimum distributions. Employer Retirement Plan-to-Traditional IRA SIMPLE ▇▇▇ Rollover (by Traditional IRA Owner)Not Permitted. Eligible rollover distributions Distributions from qualifying employer your employer’s retirement plans may be rolled over, directly or indirectly, plan are not eligible 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 roll 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 designated SIMPLE ▇▇▇▇ contributions (and earnings thereon) from a 401(k), 403(b), or 457(b) plan. Employer Retirement Plan-to-Traditional IRA Rollover (by Inherited IRA Owner). Please refer to the section of this document entitled “Inherited IRA.” 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. 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. RECHARACTERIZATIONS

Rollovers. Generally, a rollover is a movement of cash or assets from one retirement plan to another. Both the distribution and the rollover contribution are reportable when you file your income taxes, however, if you roll over the entire amount of an IRA or retirement plan distribution (including any amount withheld for federal, state, or other income taxes that you did not receive), you generally do not have to report the distribution as taxable income. If you are must take a required to take minimum distributions because you are age 70½ or olderdistribution (RMD) for the year, you may not roll over any the RMD. All RMDs must be withdrawn as required minimum distributionsunder the Code and Regulations prior to a rollover. You must irrevocably elect to treat such contributions as rollovers. Traditional SIMPLE IRA-to-Traditional SIMPLE IRA Rollover. You may withdraw, tax free, all or a portion of your Traditional SIMPLE IRA if you contribute the amount withdrawn into the same or another Traditional SIMPLE IRA as a rollover. When completing a rollover from a Traditional SIMPLE IRA to a Traditional SIMPLE IRA, you must generally complete the rollover transaction within 60 days from not later than the 60th day after the date on which you receive received the distribution from the distributing Traditional IRAdistribution. 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. SIMPLE IRA-to-Traditional IRA Rollover. You may withdraw, tax free, all or a portion of your SIMPLE IRA, if you contribute the amount withdrawn into a Traditional IRA as a rollover. When completing a rollover from a SIMPLE IRA to a Traditional IRA, you must generally complete the rollover transaction not later than the 60th day after the date on which you received the distribution. To complete a rollover of a SIMPLE IRA distribution to a 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. 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. SIMPLE 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 SIMPLE IRA into your employer retirement plan if at least two years have elapsed from the date on which you first participated in any SIMPLE IRA plan maintained by the employer. If you take constructive receipt of a distribution from your SIMPLE IRA to complete a rollover to an employer plan (i.e., an indirect rollover), you must generally complete the rollover transaction not later than the 60th day after the date on which you received the distribution. Traditional IRA-to-SIMPLE IRA Rollover. An amount distributed from your Traditional IRA may be rolled over to your SIMPLE IRA only after at least two years have elapsed from the date on which you first participated in any SIMPLE IRA Plan maintained by the employer. When completing a rollover from a Traditional IRA to a SIMPLE IRA, you must generally complete the rollover transaction within 60 days from not later than the date you receive the distribution from your Traditional IRA. 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. Traditional 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 take constructive receipt of a distribution from your Traditional IRA to complete a rollover to an employer plan (i.e., an indirect rollover), you must generally complete the rollover transaction within 60 days from the date you receive the distribution. SIMPLE IRA-to-Traditional IRA Rollover. To complete a rollover of a SIMPLE IRA distribution to a Traditional IRA, at least two years must have elapsed from 60th day after the date on which you first participated in any SIMPLE IRA Plan maintained by received the employer, and you must generally contribute the distribution within 60 days from the date you receive itdistribution. 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-Traditional IRA Rollover (by Traditional IRA Owner)SIMPLE IRA. Eligible rollover distributions from qualifying employer retirement plans may be rolled over, directly directly, or indirectly, to your Traditional IRASIMPLE IRA only after at least two years have elapsed from the date on which you first participated in any SIMPLE IRA plan maintained by the employer. Qualifying employer retirement plans include qualified plans (e.g., 401(k) plans or profit profit-sharing plans), governmental 457(b) plans, the federal Thrift Savings Plan, 403(b) arrangements and 403(a) arrangements. Amounts that may not be rolled over to your Traditional SIMPLE IRA include any required minimum distributions, hardship distributions, any part of a series of substantially equal periodic payments, or corrective distributions of excess contributions, excess deferrals, excess annual additions and any income allocable to the excess, certain deemed distributions related to defaulted loans, dividends on employer securities, the cost of life insurance coverage, and distributions consisting of designated ▇▇▇▇ contributions (and earnings thereon) from a 401(k), 403(b), or governmental 457(b) plan, or the federal Thrift Savings Plan. Employer Retirement Plan-to-Traditional IRA Rollover (by Inherited IRA Owner). Please refer to the section of this document entitled “Inherited IRA.” Rollover of Exxon Wrongful IRS ▇▇▇▇▇▇ Settlement Income. Certain income received as A wrongful IRS levy of assets from a SIMPLE IRA (including an Exxon ▇▇▇▇▇▇ qualified settlement Inherited SIMPLE IRA) or another eligible employer-sponsored retirement plan that are returned to the taxpayer may be rolled over to a Traditional SIMPLE IRA or another eligible retirement plan. The amount contributed cannot exceed the lesser of $100,000 (reduced including an Inherited SIMPLE IRA) by the amount of any qualified settlement income contributed to an eligible retirement plan in prior tax yearsreturn deadline (not including extensions) 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, assets are returned. The one IRA-to-IRA rollover per 12-month period limitation does not including extensionsapply to such rollovers. Conversion of Traditional SIMPLE IRA to ▇▇▇▇ ▇▇▇. GenerallyAfter you have been a SIMPLE IRA plan participant for two years, you may convert all or a portion of your Traditional SIMPLE 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, Amounts that represent basis may only be converted as permitted under the premature Code and/or Regulations. The early distribution penalty that typically applies to taxable withdrawals taken prior to age 59½, does not apply to amounts converted from a Traditional SIMPLE IRA to a ▇▇▇▇ ▇▇▇. Required minimum distributions (RMDs) may not be converted. Traditional All RMDs must be withdrawn as required under the Code and Regulations prior to a conversion. SIMPLE IRA-to-▇▇▇▇ ▇▇▇ conversions are not subject to the 12-month rollover restriction that typically applies to rollovers between IRAs. RECHARACTERIZATIONS▇▇▇▇ ▇▇▇ conversions may not be recharacterized. TRANSFERS Transfers. You may move your SIMPLE IRA from one trustee, custodian, or issuer to a SIMPLE IRA maintained by another trustee, custodian, or issuer by requesting a direct transfer. Federal law does not limit the number of transfers you may make during any year.

Rollovers. Generally, a rollover is a movement of cash or assets from one retirement plan to another. Both the distribution and the rollover contribution are reportable when you file your income taxes, however, if you roll over the entire amount of an IRA or retirement plan distribution (including any amount withheld for federal, state, or other income taxes that you did not receive), you generally do not have to report the distribution as taxable income. If you are must take a required to take minimum distributions because you are age 70½ or olderdistribution (RMD) for the year, you may not roll over any the RMD. All RMDs must be withdrawn as required minimum distributionsunder the Code and Regulations prior to a rollover. You must irrevocably elect to treat such contributions as rollovers. Traditional IRA-to-Traditional IRA Rollover. You may withdraw, tax free, all or a portion of your Traditional IRA if you contribute the amount withdrawn into the same or another Traditional IRA as a rollover. When completing a rollover from a Traditional IRA to a Traditional IRA, you must generally complete the rollover transaction within 60 days from not later than the 60th day after the date on which you receive received the distribution from the distributing Traditional IRAdistribution. 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. Traditional IRA-to-SIMPLE IRA Rollover. An amount distributed from your Traditional IRA may be rolled over to your SIMPLE IRA only after at least two years have elapsed from the date on which you first participated in any SIMPLE IRA Plan maintained by the employer. When completing a rollover from a Traditional IRA to a SIMPLE IRA, you must generally complete the rollover transaction within 60 days from not later than the 60th day after the date on which you receive received the distribution from your Traditional IRAdistribution. 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. Traditional 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 take constructive receipt of a distribution from your Traditional IRA to complete a rollover to an employer plan (i.e., an indirect rollover), you must generally complete the rollover transaction within 60 days from not later than the 60th day after the date on which you receive received the distribution. SIMPLE IRA-to-Traditional IRA Rollover. To complete a rollover of a SIMPLE IRA distribution to a 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 generally contribute complete the distribution within 60 days from rollover transaction not later than the 60th day after the date on which you receive itreceived the distribution. Only one IRA distribution within any 12-12- 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-Traditional IRA Rollover (by Traditional IRA Owner). Eligible rollover distributions from qualifying employer retirement plans may be rolled over, directly directly, or indirectly, to your Traditional IRA. Qualifying employer retirement plans include qualified plans (e.g., 401(k) plans or profit profit-sharing plans), governmental 457(b) plans, the federal Thrift Savings Plan, 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 corrective distributions of excess contributions, excess deferrals, excess annual additions and any income allocable to the excess, certain deemed distributions related to defaulted loans, dividends on employer securities, the cost of life insurance coverage, and distributions consisting of designated ▇▇▇▇ contributions (and earnings thereon) from a 401(k), 403(b), or governmental 457(b) plan, or the federal Thrift Savings Plan. Employer Retirement Plan-to-Traditional IRA Rollover (by Inherited IRA Owner). Please refer to the section of this document entitled “Inherited IRA.” Rollover of Exxon Wrongful IRS ▇▇▇▇▇▇ Settlement Income. Certain income received as A wrongful IRS levy of assets from an Exxon ▇▇▇▇▇▇ qualified settlement IRA (including an Inherited IRA) or an employer-sponsored retirement plan that are returned to the taxpayer may be rolled over to a Traditional an IRA or another eligible retirement plan. The amount contributed cannot exceed the lesser of $100,000 (reduced including an Inherited IRA) by the amount of any qualified settlement income contributed to an eligible retirement plan in prior tax yearsreturn deadline (not including extensions) 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, assets are returned. The one IRA-to-IRA rollover per 12-month period limitation does not including extensionsapply to such rollovers. 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, Amounts that represent basis may only be converted as permitted under the premature Code and/or Regulations. The early 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 (RMDs) may not be converted. All RMDs must be withdrawn as required under the Code and Regulations prior to a conversion. Traditional IRA-to-▇▇▇▇ ▇▇▇ conversions are not subject to the 12-month rollover restriction that typically applies to rollovers between IRAs. RECHARACTERIZATIONS▇▇▇▇ ▇▇▇ conversions may not be recharacterized. RECHARACTERIZATIONS Recharacterize a Contribution. You may recharacterize a contribution made to one type of IRA (either Traditional or ▇▇▇▇ ▇▇▇) and treat it as if it were made to a different type of IRA (Traditional or ▇▇▇▇ ▇▇▇). Both the contribution amount along with the net income attributable to the contribution must be transferred. If there was a loss, the amount of any loss will reduce the amount you transfer. The deadline for completing a recharacterization is your tax return due date (including any extensions) for the year for which the contribution 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. You may not recharacterize a ▇▇▇▇ ▇▇▇ conversion. TRANSFERS Transfers. You may move your IRA from one trustee custodian, or issuer to an IRA maintained by another trustee, custodian, or issuer by requesting a direct transfer. Federal law does not limit the number of transfers you may make during any year.

Rollovers. Generally, a rollover is a movement of cash or assets from one retirement plan to another. Both the distribution and the rollover contribution are reportable when you file your income taxes, however, if you roll over the entire amount of an IRA or retirement plan distribution (including any amount withheld for federal, state, or other income taxes that you did not receive), you generally do not have to report the distribution as taxable income. If you are must take a required to take minimum distributions because you are age 70½ or olderdistribution for the year, you may not roll over any the required minimum distributionsdistribution. You must irrevocably elect to treat such contributions as rollovers. Traditional IRA-to-Traditional IRA Rollover. You may withdraw, tax free, all or a portion of your Traditional IRA if you contribute the amount withdrawn into the same or another Traditional IRA as a rollover. When completing a rollover from a Traditional IRA to a Traditional IRA, you must generally complete the rollover transaction within 60 days from the date you receive the distribution from the distributing Traditional IRA. 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. Traditional IRA-to-SIMPLE IRA Rollover. An amount distributed from your Traditional IRA may be rolled over to your SIMPLE IRA only after at least two years have elapsed from the date on which you first participated in any SIMPLE IRA Plan maintained by the employer. When completing a rollover from a Traditional IRA to a SIMPLE IRA, you must generally complete the rollover transaction within 60 days from the date you receive the distribution from your Traditional IRA. 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. Traditional 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 take constructive receipt of a distribution from your Traditional IRA to complete a rollover to an employer plan (i.e., an indirect rollover), you must generally complete the rollover transaction within 60 days from the date you receive the distribution. SIMPLE IRA-to-Traditional IRA Rollover. To complete a rollover of a SIMPLE IRA distribution to a 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 generally 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 12-12- 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-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 profit-sharing plans), governmental 457(b) plans, the federal Thrift Savings Plan, 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 designated ▇▇▇▇ contributions (and earnings thereon) from a 401(k), 403(b), or 457(b) plan. Employer Retirement Plan-to-Traditional IRA Rollover (by Inherited IRA Owner). Please refer to the section of this document entitled “Inherited IRA.” ”. Rollover of Exxon ▇▇▇▇▇▇ Valdez Settlement Income. Certain income received as an Exxon ▇▇▇▇▇▇ Valdez 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. Rollover of Wrongful IRS ▇▇▇▇. A wrongful IRS levy of assets from an IRA (including an Inherited IRA) or an employer-sponsored retirement plan that are returned to the taxpayer may be rolled over to an IRA (including an Inherited IRA) by the tax return deadline (not including extensions) for the year the assets are returned. The one IRA-to-IRA rollover per 12-month period limitation does not apply to such rollovers. 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. ▇▇▇▇ ▇▇▇ conversions may not be recharacterized. RECHARACTERIZATIONS

Rollovers. Generally, a rollover is a movement of cash or assets from one retirement plan to another. Both the distribution and the rollover contribution are reportable when you file your income taxes, Generally,,arolloverisamovementofcashorassetsfromoneretirementplantoanother.Boththedistributionandtherollovercontributionarereportablewhenyoufileyourincometaxes,however, if you roll over ,ifyourollover the entire amount of an IRA or retirement plan distribution (including any amount withheld for federal, state, or other income taxes that you did not receive), you generally do not have to report the distribution as taxable income. If you are required to take minimum distributions because you are age 70½ or older, you may not roll over any required minimum distributions. You must irrevocably elect to treat such contributions as rollovers. Traditional YoumayuseyourIRAasaconduittotemporarilyholdamountsyoureceiveinaneligiblerolloverdistributionfromanemployer’sretirementplan.Shouldyoucombineoraddotheramounts(e.g.,regularcontributions)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. TraditionalIRA-to-Traditional IRA Rollover. You may withdraw, tax free, all or a portion of your Traditional IRA if you contribute the amount withdrawn into the same or another Traditional IRA as a TraditionalIRARollover.Youmaywithdraw,taxfree,▇▇▇▇▇ aportionofyourTraditionalIRAif youcontributetheamountwithdrawnintothesameor anotherTraditionalIRAasa rollover. .When completing a rollover from a Traditional IRA to a Traditional IRA, you must generally complete the rollover transaction within 60 days from the date you receive the distribution from the distributing Traditional IRA. 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. Traditional IRA-to-SIMPLE IRA Rollover. An amount distributed from your Traditional IRA may be rolled over to your SIMPLE IRA only after at least two years have elapsed from the date on which you first participated in any SIMPLE IRA Plan maintained by the employer. When completing a rollover from rolloverfrom a Traditional IRA TraditionalIRA to a SIMPLE IRA, you must generally complete the rollover transaction within 60 days from daysfrom the date you dateyou receive the distribution from your Traditional IRA. 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. Traditional 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 take constructive receipt of a distribution from your Traditional IRA to complete a rollover to an employer plan (i.e., an indirect rollover), you must generally complete the rollover transaction within 60 days from the date you receive the distribution. SIMPLE IRA-to-Traditional IRA Rollover. To complete a rollover of a SIMPLE IRA distribution to a 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 generally 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-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 designated ▇▇▇▇ contributions (and earnings thereon) from a 401(k), 403(b), or 457(b) plan. CUSTODIAL AGREEMENT & DISCLOSURE STATEMENT notproperlyrolledoverwillgenerallybetaxableintheyeardistributed(exceptforanyamountthatrepresentsafter-taxcontributions)andmaybe,ifyouareunderage59½,subjecttothe prematuredistribution penaltytax.Ifyouchoosetheindirectrollovermethod,theplanadministratoristypicallyrequiredtowithhold20%oftheeligiblerolloverdistributionamountforpurposesoffederalincometax withholding.▇▇▇▇▇▇, however,makeupthewithheldamountoutofpocketandrolloverthefullamount.Ifyoudonotmakeupthewithheldamountoutofpocket,the20%withheld(andnotrolledover)willbetreated as a distribution, subject to applicable taxes and penalties. Employer Retirement Plan-to-Traditional IRA Rollover (by Inherited IRA Owner). Please refer to the section of this document entitled “Inherited IRA.” 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 RolloverofExxonValdezSettlementIncome.CertainincomereceivedasanExxonValdezqualifiedsettlementmayberolledovertoaTraditionalIRAoranothereligibleretirementplan.Theamountcontributedcannot 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. 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. RECHARACTERIZATIONSappliesto rolloversbetweenIRAs.

Rollovers. 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 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, however, if you roll over the entire amount of an IRA or retirement plan distribution (including any amount withheld for federal, state, or other income taxes that you did not receive), you generally do not have to report the distribution as taxable income. If you are required to take minimum distributions because you are age 70½ or older, you may not roll over any required minimum distributions. You must irrevocably elect to treat such contributions as rollovers. Traditional IRA-to-Traditional IRA Rolloverto-▇▇▇ ▇▇▇▇▇▇▇▇. You may withdraw, tax free, all or a portion of your Traditional SIMPLE IRA if you contribute the amount withdrawn into the same or another Traditional IRA as a rollover. When completing a rollover from a Traditional IRA to a Traditional IRA, you must generally complete the rollover transaction within 60 days from the date you receive the distribution into the same or another SIMPLE IRA (or a 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 distributing Traditional IRAdate 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-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 the date you complete the rollover transaction. Traditional IRA-to-If you roll over the entire amount of a SIMPLE IRA Rolloverdistribution (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. An Any amount distributed from your Traditional IRA may be not properly rolled over within the 60-day period will generally be taxable in the year distributed (except for any part that represents basis) and may be, if you are under age 59½, subject to your SIMPLE IRA only after at least two years have elapsed from the date on which premature distribution penalty tax. However, if you first participated in any SIMPLE IRA Plan maintained by the employer. When completing a rollover from a Traditional IRA inadvertently fail to a SIMPLE IRA, you must generally complete the rollover transaction 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 you receive the distribution from offset occurs to complete your Traditional IRArollover. 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. Traditional SIMPLE 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 SIMPLE IRA assets in your Traditional IRA into to your employer retirement plan. If you take constructive receipt of a distribution from your Traditional IRA to complete a rollover to an employer plan (i.e., an indirect rollover), you must generally complete the rollover transaction within 60 days from the date you receive the distribution. SIMPLE IRA-to-Traditional IRA Rollover. To complete a rollover of a SIMPLE IRA distribution to a Traditional IRA, if at least two years must have elapsed from the date on which you first participated in any SIMPLE IRA Plan maintained by the employer. If you are required to take minimum distributions because you are age 72 or older, and you must generally contribute the distribution within 60 days from the date you receive it. Only one IRA distribution within may not roll over 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 transactionrequired minimum distributions. Employer Retirement Plan-to-Traditional SIMPLE IRA Rollover (by Traditional IRA Owner)Rollover. 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 plansAfter the 2-year period of participation defined in section 72(t)(6), governmental 457(b) plans, 403(b) arrangements and 403(a) arrangements. Amounts that may not be rolled over to your Traditional IRA include rollovers from any required minimum distributions, hardship distributions, any part of a series of substantially equal periodic payments, or distributions consisting of designated ▇▇▇▇ contributions (and earnings thereon) from a 401(k), 403(b), or 457(b) plan. Employer Retirement Plan-to-Traditional IRA Rollover (by Inherited IRA Owner). Please refer to the section of this document entitled “Inherited IRA.” 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 (as defined 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 returnsection 402(c)(8)(B)), not including extensions. Conversion of Traditional IRA to ▇▇▇▇ ▇▇▇. Generally, you may convert all or a portion of your Traditional IRA to other than 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 or a Traditional IRA to a designated ▇▇▇▇ ▇▇▇. Required minimum distributions may not be converted. Traditional account, are eligible to roll over to your SIMPLE IRA-to-▇▇▇▇ ▇▇▇ conversions are not subject to the 12-month rollover restriction that typically applies to rollovers between IRAs. RECHARACTERIZATIONS.

Rollovers. Generally, a rollover is a movement of cash or assets from one retirement plan to another. Both the distribution and the rollover contribution are reportable when you file your income taxes, however, if you roll over the entire amount of an IRA or retirement plan distribution (including any amount withheld for federal, state, or other income taxes that you did not receive), you generally do not have to report the distribution as taxable income. If you are required to take minimum distributions because you are age 70½ or older, you may not roll over any required minimum distributions. You must irrevocably elect to treat such contributions as rollovers. Traditional IRA-to-Traditional IRA Rollover. You may withdraw, tax free, all or a portion of your Traditional IRA if you contribute the amount withdrawn into the same or another Traditional IRA as a rollover. When completing a rollover from a Traditional IRA to a Traditional IRA, you must generally complete the rollover transaction within 60 days from the date you receive the distribution from the distributing Traditional IRA. 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. Traditional IRA-to-SIMPLE IRA Rollover. An amount distributed from your Traditional Your IRA may be rolled over to an IRA of yours, or may receive rollover contributions provided that all of the applicable rollover rules are followed. Rollover is a term used to described a tax-free movement of cash or other property to your SIMPLE IRA only after at least two years from any of your IRAs, or your employer's Qualified Retirement Plan or Tax Sheltered Annuity. The rollover rules are generally summarized below. These transactions are often complex. If you have elapsed from the date on which you first participated in any SIMPLE IRA Plan maintained by the employer. When completing questions regarding a rollover from rollover, please see a Traditional competent tax advisor. a. IRA to a SIMPLE IRA, you must generally complete the rollover transaction within 60 days from the date you receive the distribution IRA Rollovers--Funds distributed from your Traditional IRA. Only one IRA distribution within any 12-month period may be rolled over in to an IRA-to-IRA of yours if the requirements of IRC Section 408(d)(3) are met. A proper IRA to IRA rollover transactionis completed if all or part of the distribution is rolled over not later than 60 days after the distribution is received. The 12-month waiting period begins on the date you receive an IRA distribution that you subsequently roll over, You may not the date you complete the rollover transaction. Traditional 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 take constructive receipt of a distribution from your Traditional have completed another IRA to complete a IRA rollover to an employer plan (i.e., an indirect rollover), you must generally complete from the rollover transaction within 60 days from distributing IRA during the 12 months preceding the date you receive the distribution. SIMPLE IRAFurther, you may roll the same dollars or assets only once every 12 months. b. Qualified Plan (or Tax-to-Traditional Sheltered Annuity) to IRA Rollover. To complete a rollover of a SIMPLE IRA distribution to a Traditional IRARollovers--Effective for qualified plan distributions received after January 1, at least two years must have elapsed from the date on which 1993, you first participated in any SIMPLE IRA Plan maintained by the employer, and you must generally 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-Traditional IRA Rollover (by Traditional IRA Owner). Eligible rollover distributions from qualifying employer retirement plans may be rolled overrollover, directly or indirectly, any eligible rollover distribution. An eligible rollover distribution is defined generally as any distribution from a qualified plan (other than distributions to your Traditional IRA. Qualifying employer retirement plans include qualified plans (e.g., 401(knonspouse beneficiaries) 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 unless it is part of a certain series of substantially equal periodic payments, after-tax dollars or distributions consisting of designated ▇▇▇▇ contributions (and earnings thereon) from a 401(k)required minimum distribution. To qualify as a rollover, 403(b), or 457(b) plan. Employer Retirement Plan-to-Traditional IRA Rollover (by Inherited IRA Owner). Please refer to the section of this document entitled “Inherited IRA.” Rollover of Exxon ▇▇▇▇▇▇ Settlement Income. Certain income received as an Exxon ▇▇▇▇▇▇ qualified settlement may your eligible rollover distribution must be rolled over to your IRA not later than 60 days after you receive it. If you elect to receive your rollover distribution prior to placing it in an IRA, thereby conducting an indirect rollover, your plan administrator will generally be required to withhold 20% of your distribution as a Traditional IRA or another eligible retirement planprepayment of income taxes. The amount contributed cannot exceed When completing 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. Conversion of Traditional IRA to ▇▇▇▇ ▇▇▇. Generallyrollover, you may convert all or a portion make up the amount withheld, out of pocket, and roll over the full amount distributed from your Traditional IRA to a ▇▇▇▇ ▇▇▇ provided qualified plan balance, if you meet any so choose. Alternatively, you may claim the withheld amount as income and pay the applicable eligibility requirements as defined in the Code and Regulations. Except for amounts that represent basisincome tax and, amounts converted if you are generally treated as taxable distributions. Howeverunder age 59 1/2, the premature 10 percent early distribution penalty (unless an exception to the penalty applies). As an alternative to the indirect rollover, your employer generally must give you the option of directly rolling your qualified plan balance over to an IRA. If you elect the direct rollover option, your eligible rollover distribution will be paid directly to the IRA (or other qualified plan) that typically applies to taxable withdrawals taken prior to age 59½, does you designate. The 20 percent withholding requirements do not apply to amounts converted direct rollovers. If you place your rollover contribution in a separate (i.e., conduit) IRA plan which holds just those dollars, you preserve the right to later roll the money originating from a Traditional the qualified plan into another qualified plan. c. SIMPLE IRA to REGULAR IRA Rollovers--Funds may be distributed from your SIMPLE IRA and rolled to your regular IRA without penalty provided two years have passed since you first participated in a ▇▇▇▇ ▇▇▇SIMPLE IRA plan sponsored by your employer. The requirements of Section 408(d)(3) must be met. A proper SIMPLE IRA to regular IRA rollover is completed if all or part of the distribution is rolled over not later than 60 days after the distribution is received. You may not have completed another SIMPLE IRA to regular IRA or SIMPLE IRA to SIMPLE IRA rollover from the distributing SIMPLE IRA during the 12 months proceeding the date you receive the distribution. Further, you may roll the same dollars or assets only once every 12 months. Written Election--At the time you make a proper rollover to an IRA, you must designate to the Custodian, in writing, your election to treat that contribution as a rollover. Once made, the rollover election is irrevocable. d. You cannot rollover to your IRA required minimum distributions which you receive from your IRA or your employer's QRP or TSA. Required minimum distributions may not be converted. Traditional IRA-to-▇▇▇▇ ▇▇▇ conversions are not subject to those which you must start taking for the 12-month rollover restriction that typically applies to rollovers between IRAs. RECHARACTERIZATIONSyear you attain age 70 ½ or older.

Rollovers. Generally, a rollover is a movement of cash or assets from one retirement plan to another. Both the distribution and the rollover contribution are reportable when you file your income taxes, however, if you roll over the entire amount of an IRA or retirement plan distribution (including any amount withheld for federal, state, or other income taxes that you did not receive), you generally do not have to report the distribution as taxable income. If you are must take a required to take minimum distributions because you are age 70½ or olderdistribution (RMD) for the year, you may not roll over any the RMD. All RMDs must be withdrawn as required minimum distributionsunder the Code and Regulations prior to a rollover. You must irrevocably elect to treat such contributions as rollovers. Traditional IRA-to-Traditional IRA‐to‐Traditional IRA Rollover. You may withdraw, tax free, all or a portion of your Traditional IRA if you contribute the amount withdrawn into the same or another Traditional IRA as a rollover. When completing a rollover from a Traditional IRA to a Traditional IRA, you must generally complete the rollover transaction within 60 days from not later than the 60th day after the date on which you receive received the distribution from the distributing Traditional IRAdistribution. Only one IRA distribution within any 12-month 12‐month period may be rolled over in an IRA-to-IRA IRA‐to‐IRA rollover transaction. The 12-month 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. Traditional IRA-to-SIMPLE IRA‐to‐SIMPLE IRA Rollover. An amount distributed from your Traditional IRA may be rolled over to your SIMPLE IRA only after at least two years have elapsed from the date on which you first participated in any SIMPLE IRA Plan maintained by the employer. When completing a rollover from a Traditional IRA to a SIMPLE IRA, you must generally complete the rollover transaction within 60 days from not later than the 60th day after the date on which you receive received the distribution from your Traditional IRAdistribution. Only one IRA distribution within any 12-month 12‐month period may be rolled over in an IRA-to-IRA IRA‐to‐IRA rollover transaction. The 12-month 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. Traditional 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 take constructive receipt of a distribution from your Traditional IRA to complete a rollover to an employer plan (i.e., an indirect rollover), you must generally complete the rollover transaction within 60 days from the date you receive the distribution. SIMPLE IRA-to-Traditional IRA Rollover. To complete a rollover of a SIMPLE IRA distribution to a 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 generally 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-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 designated ▇▇▇▇ contributions (and earnings thereon) from a 401(k), 403(b), or 457(b) plan. Employer Retirement Plan-to-Traditional IRA Rollover (by Inherited IRA Owner). Please refer to the section of this document entitled “Inherited IRA.” 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. 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. RECHARACTERIZATIONS

Rollovers. Generally, a rollover is a movement of cash or assets from one retirement plan to another. Both the distribution and the rollover contribution are reportable when you file your income taxes, however, if you roll over the entire amount of an IRA ▇▇▇ or retirement plan distribution (including any amount withheld for federal, state, or other income taxes that you did not receive), you generally do not have to report the distribution as taxable income. If you are required to take minimum distributions because you are age 70½ or older, you may not roll over any required minimum distributions. You must irrevocably elect to treat such contributions as rollovers. Traditional IRA-to▇▇▇-to-Traditional IRA ▇▇▇ Rollover. You may withdraw, tax free, all or a portion of your Traditional IRA ▇▇▇ if you contribute the amount withdrawn into the same or another Traditional IRA ▇▇▇ as a rollover. When completing a rollover from a Traditional IRA ▇▇▇ to a Traditional IRA▇▇▇, you must generally complete the rollover transaction within 60 days from the date you receive the distribution from the distributing Traditional IRA▇▇▇. 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. Traditional IRA-to▇▇▇-to-SIMPLE IRA ▇▇▇ Rollover. An amount distributed from your Traditional IRA ▇▇▇ may be rolled over to your SIMPLE IRA ▇▇▇ only after at least two years have elapsed from the date on which you first participated in any SIMPLE IRA ▇▇▇ Plan maintained by the employer. When completing a rollover from a Traditional IRA ▇▇▇ to a SIMPLE IRA▇▇▇, you must generally complete the rollover transaction within 60 days from the date you receive the distribution from your Traditional IRA▇▇▇. 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. Traditional 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 take constructive receipt of a distribution from your Traditional IRA ▇▇▇ to complete a rollover to an employer plan (i.e., an indirect rollover), you must generally complete the rollover transaction within 60 days from the date you receive the distribution. SIMPLE IRA-to▇▇▇-to-Traditional IRA ▇▇▇ Rollover. To complete a rollover of a SIMPLE IRA ▇▇▇ distribution to a 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 generally 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. 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 designated ▇▇▇▇ contributions (and earnings thereon) from a 401(k), 403(b), or 457(b) plan. Employer Retirement Plan-to-Traditional IRA ▇▇▇ Rollover (by Inherited IRA ▇▇▇ Owner). Please refer to the section of this document entitled “Inherited IRA.” ▇▇▇”. 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. 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 12-12- month rollover restriction that typically applies to rollovers between IRAs. RECHARACTERIZATIONSRECHARACTERIZATIONS Recharacterize a Contribution/Conversion. You may "recharacterize" a contribution/conversion made to one type of ▇▇▇ (either Traditional or ▇▇▇▇ ▇▇▇) and treat it as if it was made to a different type of ▇▇▇ (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 ▇▇▇. 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 Traditional ▇▇▇ 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

Rollovers. Generally, a rollover is a movement You can move money between HSAs by withdrawing the money from your HSA and contributing part or all of cash or assets from one retirement plan to another. Both the distribution and the rollover contribution are reportable when you file your income taxes, however, if you roll over the entire amount of an IRA or retirement plan distribution (including any amount withheld for federal, state, or other income taxes that you did not receive), you generally do not have to report the distribution as taxable income. If you are required to take minimum distributions because you are age 70½ or older, you may not roll over any required minimum distributions. You must irrevocably elect to treat such contributions as rollovers. Traditional IRA-to-Traditional IRA Rollover. You may withdraw, tax free, all or a portion of your Traditional IRA if you contribute the amount withdrawn into the same or another Traditional IRA as HSA in your name. You can roll over a rolloverdistribution only if you meet these tests: 60-day rule. When completing a rollover from a Traditional IRA You must contribute the money to a Traditional IRA, you must generally complete the rollover transaction an HSA within 60 days from the date you receive the distribution from the distributing Traditional IRA. 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. Traditional IRA-to-SIMPLE IRA Rollover. An amount distributed from your Traditional IRA may be rolled over to your SIMPLE IRA only after at least two years have elapsed from the date on which you first participated in any SIMPLE IRA Plan maintained by the employer. When completing a rollover from a Traditional IRA to a SIMPLE IRA, you must generally complete the rollover transaction within 60 days from the date you receive the distribution from your Traditional IRA. 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. Traditional 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 take constructive receipt of a distribution from your Traditional IRA to complete a rollover to an employer plan (i.e., an indirect rollover), you must generally complete the rollover transaction within 60 days from the date you receive the distribution. SIMPLE IRAThe 60-to-Traditional IRA Rollover. To complete a rollover of a SIMPLE IRA distribution to a 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 generally contribute the distribution within 60 days from the date you receive it. Only one IRA distribution within any 12-month day period may be rolled over in an IRAextended if the money cannot be withdrawn from a financial Once-toa-IRA rollover transactionyear rule. The 12-month waiting period begins on the date you receive an IRA An HSA distribution that you subsequently roll over, not the date you complete the rollover transaction. 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 cannot be rolled over if any other distribution from the same HSA has been rolled over during the preceding 365 days. An HSA distribution also cannot be rolled over if the distributing HSA has received a rollover contribution from an HSA during the preceding 365 days. Q13: Can I move money from any other plans 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 designated ▇▇▇▇ contributions (and earnings thereon) from a 401(k), 403(b), or 457(b) plan. Employer Retirement Plan-to-Traditional IRA Rollover (by Inherited IRA Owner). Please refer to the section of this document entitled “Inherited IRA.” Rollover of Exxon my HSA? A13: ▇▇▇▇▇▇ Settlement IncomeMSAs. Certain income received as an Exxon You can direct transfer funds from your ▇▇▇▇▇▇ qualified settlement may be rolled MSA to your HSA. You can also roll 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 distribution from your return, not including extensions. Conversion of Traditional IRA to ▇▇▇▇▇▇ ▇▇▇MSA to your HSA within 60 days after you receive the distribution. GenerallyOther tax advantaged plans. There are no provisions in the tax laws that authorize a rollover or transfer to an HSA from either type of individual retirement account (IRA), from a qualified retirement plan (QRP), from an education savings account (ESA), from a health reimbursement arrangement (HRA), or from a health flexible spending arrangement (FSA). There are also no provisions in the tax law that authorize a rollover or transfer from an HSA to any other type of tax-advantaged saving arrangement. Q14: What if too much is contributed to my HSA? A14: If your employer made HSA contributions in excess of your contribution limit, the excess is included in your gross income. If you or someone else made HSA contributions in excess of your contribution limit, the excess is not deductible. In either case, you may convert all or a portion of your Traditional IRA should address the excess contribution situation. Withdraw the excess contribution before the early withdrawal deadline. Excess contribution tax. Excess contributions that are not withdrawn by the early withdrawal deadline are subject to a ▇▇▇▇ ▇▇▇ provided nondeductible 6% excess contribution tax for the year in which the contribution was made and each year thereafter until the excess is eliminated. Withdraw the excess contribution after the early withdrawal deadline. You can correct an excess contribution situation by receiving a taxable distribution from your HSA. Q15: How can I use the money in my HSA? A15: The money in your HSA can be removed tax-free up to the amount of the qualified medical expenses that you meet any applicable eligibility requirements as defined in pay. Qualified medical expenses are amounts you pay for certain types of medical care for yourself, your spouse, and your dependents, but only to the Code and Regulations. Except for extent such 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. RECHARACTERIZATIONScovered by insurance or another health plan.

Rollovers. GenerallyA rollover IRA is an IRA established with retirement assets distributed from a qualified plan, 403(b) plan, or a 457(b) plan of a governmental employer. Eligible rollover distributions (including employee after-tax contributions) from qualified plans, 403(b) plans, and governmental 457(b) plans can be rolled over to an IRA. Distributions from other IRAs can also be rolled over to an IRA. However, after-tax contributions (including nondeductible contributions to an IRA) are not permitted to be rolled over from an IRA into a qualified plan, 403(b) plan, or governmental 457(b) plan. Rollovers or direct transfers from a SIMPLE IRA can be made to another SIMPLE IRA. However, rollovers or direct transfers from a SIMPLE IRA to an IRA can only be made after you have participated in the SIMPLE IRA for 2 years. If the rollover is a movement completed within 60 days of cash or assets from one retirement plan to another. Both the distribution and date on which you received the distribution, you will not be taxed on the amount of the rollover contribution until it is distributed to you. The IRS may waive the 60-day requirement where the failure to do so would be against equity or good conscience such as in the event of a casualty, or other event beyond your reasonable control. In the absence of a waiver, amounts not rolled over within the 60-day period do not qualify for tax-free rollover treatment. You must treat them as a taxable distribution from either your IRA or your employer’s plan. These amounts are reportable when you file your taxable in the year distributed, even if the 60-day period expires in the next year. You may also have to pay a 10% additional income taxes, howevertax on premature distributions. Rollover contributions to an IRA are not deductible. Generally, if you roll over the entire amount of an IRA or retirement plan distribution (including any amount withheld for federal, state, or other income taxes that you did not receive), you generally do not have to report the distribution as taxable income. If you are required to take minimum distributions because you are age 70½ or older, you may not roll over any required minimum distributions. You must irrevocably elect to treat such contributions as rollovers. Traditional IRAmake a tax-to-Traditional IRA Rollover. You may withdraw, tax free, all or a portion of your Traditional IRA if you contribute the amount withdrawn into the same or another Traditional IRA as a rollover. When completing a rollover from a Traditional free IRA to IRA rollover of any part of a distribution from a Traditional IRA, you must generally complete cannot, within a one-year period, make a tax-free IRA to IRA rollover of any later distribution from that same IRA. You also cannot make a tax-free IRA to IRA rollover of any amount distributed, within the rollover transaction within 60 days same one-year period, from the date IRA into which you receive made the tax-free IRA to IRA rollover. You may roll over a distribution from the distributing Traditional IRA. Only one an IRA distribution within any only once every 12-month period may be rolled over in an IRAperiod, regardless of the number of IRAs you own. You can, however, continue to make as many custodian-to-IRA rollover transaction. The 12-month waiting period begins on the date to- custodian transfers (direct transfers) between IRAs as you receive an IRA distribution that you subsequently roll over, not the date you complete the rollover transaction. Traditional IRA-to-SIMPLE IRA Rollover. An amount distributed from your Traditional IRA may be rolled over to your SIMPLE IRA only after at least two years have elapsed from the date on which you first participated in any SIMPLE IRA Plan maintained by the employer. When completing a rollover from a Traditional IRA to a SIMPLE IRA, you must generally complete the rollover transaction within 60 days from the date you receive the distribution from your Traditional IRA. 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. Traditional 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 take constructive receipt of a distribution from your Traditional IRA to complete a rollover to an employer plan (i.e., an indirect rollover), you must generally complete the rollover transaction within 60 days from the date you receive the distribution. SIMPLE IRA-to-Traditional IRA Rollover. To complete a rollover of a SIMPLE IRA distribution to a 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 generally 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-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 designated ▇▇▇▇ contributions (and earnings thereon) from a 401(k), 403(b), or 457(b) plan. Employer Retirement Plan-to-Traditional IRA Rollover (by Inherited IRA Owner). Please refer to the section of this document entitled “Inherited IRAwant.” 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. 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. RECHARACTERIZATIONS

Rollovers. Generally, a rollover is a movement of cash or assets from one retirement plan to another. Both the distribution and the rollover contribution are reportable when you file your income taxes, however, if you roll over the entire amount of an IRA or retirement plan distribution (including any amount withheld for federal, state, or other income taxes that you did not receive), you generally do not have to report the distribution as taxable income. If you are must take a required to take minimum distributions because you are age 70½ or olderdistribution for the year, you may not roll over any the required minimum distributionsdistribution. You must irrevocably elect to treat such contributions as rollovers. Traditional IRA-to-Traditional IRA Rollover. You may withdraw, tax free, all or a portion of your Traditional IRA if you contribute the amount withdrawn into the same or another Traditional IRA as a rollover. When completing a rollover from a Traditional IRA to a Traditional IRA, you must generally complete the rollover transaction within 60 days from the date you receive the distribution from the distributing Traditional IRA. 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. Traditional IRA-to-SIMPLE IRA Rollover. An amount distributed from your Traditional IRA may be rolled over to your SIMPLE IRA only after at least two years have elapsed from the date on which you first participated in any SIMPLE IRA Plan maintained by the employer. When completing a rollover from a Traditional IRA to a SIMPLE IRA, you must generally complete the rollover transaction within 60 days from the date you receive the distribution from your Traditional IRA. 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. Traditional 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 take constructive receipt of a distribution from your Traditional IRA to complete a rollover to an employer plan (i.e., an indirect rollover), you must generally complete the rollover transaction within 60 days from the date you receive the distribution. SIMPLE IRA-to-Traditional IRA Rollover. To complete a rollover of a SIMPLE IRA distribution to a 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 generally 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-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 profit-sharing plans), governmental 457(b) plans, the federal Thrift Savings Plan, 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 designated ▇▇▇▇ contributions (and earnings thereon) from a 401(k), 403(b), or 457(b) plan. Employer Retirement Plan-to-Traditional IRA Rollover (by Inherited IRA Owner). Please refer to the section of this document entitled “Inherited IRA.” ”. 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. Rollover of Wrongful IRS ▇▇▇▇. A wrongful IRS levy of assets from an IRA (including an Inherited IRA) or an employer-sponsored retirement plan that are returned to the taxpayer may be rolled over to an IRA (including an Inherited IRA) by the tax return deadline (not including extensions) for the year the assets are returned. The one IRA-to-IRA rollover per 12-month period limitation does not apply to such rollovers. 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. RECHARACTERIZATIONS

Rollovers. Generally, a A rollover IRA is a movement of cash or assets from one retirement plan to another. Both the distribution and the rollover contribution are reportable when you file your income taxes, however, if you roll over the entire amount of an IRA purchased with retirement savings distributed from a qualified plan, 403(b) plan, or retirement a 457(b) plan distribution of a governmental employer. Eligible rollover distributions (including any amount withheld for federalemployee after-tax contributions) from qualified plans, state403(b) plans, and governmental 457(b) plans can be rolled over to an IRA. Distributions from other IRAs can also be rolled over to an IRA. However, after-tax contributions (including nondeductible contributions to an IRA) are not permitted to be rolled over from an IRA into a qualified plan, 403(b) plan, or other income taxes that you did not receive), you generally do not have to report the distribution as taxable incomegovernmental 457(b) Plan. If you are required to take minimum distributions because you are age 70½ Rollovers or older, you may not roll over any required minimum distributions. You must irrevocably elect to treat such contributions as rollovers. Traditional IRA-to-Traditional IRA Rollover. You may withdraw, tax free, all or a portion of your Traditional IRA if you contribute the amount withdrawn into the same or another Traditional IRA as a rollover. When completing a rollover direct transfers from a Traditional Simple IRA can be made to another SIMPLE IRA. However, rollovers or direct transfers from a SIMPLE IRA to an IRA can only be made after you have participated in the SIMPLE IRA for 2 years. There are many requirements to make a Traditional IRAvalid rollover contribution, you must generally complete including the rollover transaction within 60-day requirement - individuals have 60 days from the date you they receive a distribution from a retirement plan or IRA to roll it over to another plan or IRA. Otherwise, the distribution from the distributing Traditional IRA. Only one IRA distribution within any 12-month period may be rolled over in taxable (other than qualified ▇▇▇▇ distributions and any amounts already taxed), including a 10% additional tax on early distributions unless an IRA-to-IRA rollover transactionexception applies. The 12IRS may waive the 60- day rollover requirement in certain situations (see FAQs: Waivers of the 60-month waiting period begins on the date you receive an IRA distribution that you subsequently roll over, not the date you complete Day Rollover Requirement ▇▇▇▇▇://▇▇▇.▇▇▇.▇▇▇/retirement-plans/ retirement-plans-faqs-relating-to- waivers-of-the-60-day-rollover- requirement ). If the rollover transaction. Traditional IRA-to-SIMPLE IRA Rollover. An amount distributed from your Traditional IRA may be rolled over to your SIMPLE IRA only after at least two years have elapsed from is completed within 60 days of the date on which you first participated received the distribution, you will not be taxed on the amount of the rollover until it is distributed to you. The IRS may waive the 60-day requirement where the failure to do so would be against equity or good conscience such as in any SIMPLE the event of a casualty, disaster, or other event beyond your reasonable control. In the absence of a waiver, amounts not rolled over within the 60-day period do not qualify for tax-free rollover treatment. You must treat them as a taxable distribution from either your IRA Plan maintained by or your employer’s plan. These amounts are taxable in the employeryear distributed, even if the 60-day period expires in the next year. When completing You may also have to pay a 10% tax on premature distributions. Rollover contributions to an IRA are not deductible. You may roll over a distribution from an IRA only once every 12 months. There is no limit, however, on the number of times you may directly transfer IRA money from one IRA to another. Beginning in 2015, you can make only one rollover from a Traditional an IRA to a SIMPLE IRA, you must generally complete another (or the rollover transaction within 60 days from the date you receive the distribution from your Traditional IRA. Only one same) IRA distribution within in any 12-month period may be rolled over in an IRA-to-IRA rollover transactionperiod, regardless of the number of IRAs you own. The 12-month waiting period begins on the date you receive limit will apply by aggregating all of an IRA distribution that you subsequently roll over, not the date you complete the rollover transaction. Traditional IRA-to-Employer Retirement Plan Rollover. If your employerindividual’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 take constructive receipt of a distribution from your Traditional IRA to complete a rollover to an employer plan (i.e., an indirect rollover), you must generally complete the rollover transaction within 60 days from the date you receive the distribution. including SEP and SIMPLE IRA-to-Traditional IRA Rollover. To complete a rollover of a SIMPLE IRA distribution to a 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, IRAs as well as traditional and you must generally 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-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 designated ▇▇▇▇ contributions (and earnings thereon) from a 401(k)IRAs, 403(b), or 457(b) planeffectively treating them as one IRA for purposes of the limit. Employer Retirement Plan-to-Traditional IRA Rollover (by Inherited IRA Owner). Please refer to the section of this document entitled “Inherited IRA.” Rollover of Exxon ▇▇For ▇▇▇▇ Settlement Income. Certain income received as IRAs, a 60-day rollover between an Exxon ▇▇individual’s ▇▇▇▇ qualified settlement may be rolled over to IRAs will preclude a Traditional IRA or another eligible retirement planseparate 60-day tax-free rollover within the 1-year period between the individual’s traditional IRAs, and vice versa. The amount contributed cannot exceed the lesser Rollovers that are made as a part 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. 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 conversion will not be converted. Traditional IRA-to-▇▇▇▇ ▇▇▇ conversions are not subject to the 12-month rollover restriction that typically applies to rollovers between IRAs. RECHARACTERIZATIONScounted as a part of this rule.

Rollovers. Generally, a rollover is a movement of cash or assets from one retirement plan to another. Both the distribution and the rollover contribution are reportable when you file your income taxes, however, if you roll over the entire amount of an IRA or retirement plan distribution (including any amount withheld for federal, state, or other income taxes that you did not receive), you generally do not have to report the distribution as taxable income. 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. Traditional IRA-to-Traditional IRA Rolloverto-▇▇▇ ▇▇▇▇▇▇▇▇. You may withdraw, tax free, all or a portion of your Traditional SIMPLE IRA if you contribute the amount withdrawn into the same or another Traditional IRA as a rollover. When completing a rollover from a Traditional IRA to a Traditional IRA, you must generally complete the rollover transaction within 60 days from the date you receive the distribution from into the distributing same or another SIMPLE IRA (or a Traditional IRA. 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. Traditional IRA-to-SIMPLE IRA Rollover. An amount distributed from your Traditional IRA may be rolled over to your SIMPLE IRA only after at least two years have elapsed from the date on which you first participated in any SIMPLE IRA Plan maintained by the employer. When completing ) as a rollover from a Traditional IRA to a SIMPLE IRA, you must generally complete the rollover transaction within 60 days from the date you receive the distribution from your Traditional IRA. 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. Traditional 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 take constructive receipt of a distribution from your Traditional IRA to complete a rollover to an employer plan (i.e., an indirect rollover), you must generally complete the rollover transaction within 60 days from the date you receive the distribution. SIMPLE IRA-to-Traditional IRA Rollover. To complete a rollover of a SIMPLE IRA distribution to a 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 generally 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 PlanIf you roll over the entire amount of a SIMPLE 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 part that represents basis) and may be, if you are under age 59½, subject to the premature distribution penalty tax. SIMPLE IRA-to-Traditional Employer Retirement Plan Rollover. If your employer’s retirement plan accepts rollovers from IRAs, you may complete a direct or indirect rollover of your SIMPLE IRA Rollover (by Traditional IRA Owner). Eligible rollover distributions from qualifying assets to your employer retirement plans may be rolled overplan if at least two years have elapsed from the date on which you first participated in any SIMPLE IRA Plan maintained by the employer. If you are required to take minimum distributions because you are age 70½ or older, 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 you may not be rolled roll 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 designated ▇▇▇▇ contributions (and earnings thereon) from a 401(k), 403(b), or 457(b) plan. Employer Retirement Plan-to-Traditional SIMPLE IRA Rollover (by Inherited IRA Owner)Not Permitted. Please refer Distributions from your employer’s retirement plan are not eligible to the section of this document entitled “Inherited roll over to your SIMPLE IRA.” 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. 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. RECHARACTERIZATIONS