Products and financial services provided by A MERICAN U NITED L IFE I NSURANCE C OMPANY ® | a O NE A MERICA ® company Products and financial services provided by A MERICAN U NITED L IFE I NSURANCE C OMPANY ® | a O NE A MERICA ® company Retirement Plan Updates and Reminders January, 2013

Products and financial services provided by A MERICAN U NITED L IFE I NSURANCE C OMPANY ® | a O NE A MERICA ® company Disclosures Group variable annuity contracts are issued by American United Life Insurance Company® (AUL) and registered group variable annuity contracts are distributed by OneAmerica Securities, Inc., Member FINRA, SIPC, a Registered Investment Advisor, 433 N. Capitol Ave., Indianapolis, IN 46204, , which is a wholly owned subsidiary of AUL. Neither AUL, OneAmerica Securities, Inc. nor their representatives provide tax or legal advice. For answers to your specific questions please consult a qualified attorney or tax advisor.

Products and financial services provided by A MERICAN U NITED L IFE I NSURANCE C OMPANY ® | a O NE A MERICA ® company Agenda Timing of Deferral Contributions and Loan Repayments Deferral Limits Cap on Compensation Employer Contribution Formula Audit Preparation for Large Filers

Products and financial services provided by A MERICAN U NITED L IFE I NSURANCE C OMPANY ® | a O NE A MERICA ® company Agenda Fee Disclosure Regulations After Initial Disclosures Mandatory Cash-Out (MCO) Assistance Plan Administration Webinars

Products and financial services provided by A MERICAN U NITED L IFE I NSURANCE C OMPANY ® | a O NE A MERICA ® company Timing of Deferral Contributions and Loan Repayments Small plan filers (plans with less than 100 participants) may take advantage of the seven business day safe harbor period for remitting employee contributions – including deferrals and loan repayments The DOL has requested information and data on the contribution practices of large plans (plans with 100 or more participants) –aid in formulating a possible safe harbor –See next slide for current timing

Products and financial services provided by A MERICAN U NITED L IFE I NSURANCE C OMPANY ® | a O NE A MERICA ® company Timing of Deferral Contributions and Loan Repayments Remittance recommendations: Note: Participants include individuals eligible for the plan, not just those actively contributing. Small plan (fewer than 100 participants) Seven business days after receipt or withholding, or earlier Large plan (100 or more participants) Within two business days of receipt or withholding

Products and financial services provided by A MERICAN U NITED L IFE I NSURANCE C OMPANY ® | a O NE A MERICA ® company Deferral Limits Employee deferrals need to be submitted timely for proper monitoring of deferral limits AUL monitors deferrals made under your 401(k), 403(b) or 457(b) plan to establish whether regulatory limits were exceeded

Products and financial services provided by A MERICAN U NITED L IFE I NSURANCE C OMPANY ® | a O NE A MERICA ® company Deferral Limits In order to assist with monitoring of deferrals, all employee deposits for 2012 should be submitted by January 15, 2013 The 2012 limit for deferrals (without catch- up contributions) was $17,000

Products and financial services provided by A MERICAN U NITED L IFE I NSURANCE C OMPANY ® | a O NE A MERICA ® company Deferral Limits Plan Types 2012 Limits 401(k)403(b)457(b) Governmental 457(b) Tax Exempt Combination 401(k) and 457(b) Tax Exempt Combination 403(b) and 457(b) Governmental Combination 403(b) and 457(b) Tax Exempt Deferral Limit$17,000 $34,000 Age 50 Catch-Up$5,500 N/A$5,500$11,000$5, Year Catch-UpN/A$3,000N/A $3,000 Special 457(b) Catch- Up N/A $17,000 Total Possible Maximum Deferrals $22,500$25,500 $22,500 up to $34,000 $34,000$56,500 $48,000 up to $59,500 $59,500 If a governmental 457(b) plan allows both special 457(b) catch-up and age 50 catch-up, a participant wishing to make catch-up contributions must make the greater of the two. If a 403(b) plan allows both 15-year catch-up and age 50 catch-up, a participant who is eligible for the 15-year catch-up must make the 15-year catch-up contribution before making an age 50 catch-up contribution.

Products and financial services provided by A MERICAN U NITED L IFE I NSURANCE C OMPANY ® | a O NE A MERICA ® company Cap on Compensation Under Code § 401(a)(17), the compensation that can be taken into account under a qualified retirement plan for 2012 was $250,000 The limit for 2013 is $255,000

Products and financial services provided by A MERICAN U NITED L IFE I NSURANCE C OMPANY ® | a O NE A MERICA ® company Cap on Compensation Employer contributions cannot be calculated on compensation in excess of the limit Compensation is also capped for purposes of nondiscrimination testing

Products and financial services provided by A MERICAN U NITED L IFE I NSURANCE C OMPANY ® | a O NE A MERICA ® company Cap on Compensation Do not need to prorate compensation for participants who are eligible mid-year Limit applies separately to each plan (or group of plans treated as a single plan) of a plan sponsor 2/28/09 12 For company and recruiting use only. Not for public distribution.

Products and financial services provided by A MERICAN U NITED L IFE I NSURANCE C OMPANY ® | a O NE A MERICA ® company Employer Contribution Formula The plan document describes the contribution formulas that are used to calculate employer matching and non-elective contributions. If the plan does not follow the formula selected in the document, an operational failure has occurred. –May need to enter a formal correction program to remedy the failure.

Products and financial services provided by A MERICAN U NITED L IFE I NSURANCE C OMPANY ® | a O NE A MERICA ® company Employer Contribution Formula Employer matching contributions may be: –Limited to one uniform percentage of elective deferrals (e.g., 50 percent of the first 6 percent of compensation deferred) –Capped at percentage of compensation (e.g., 25 percent up to 5 percent of compensation) or maximum dollar amount (e.g., 50 percent of deferrals up to a maximum of $5,000)

Products and financial services provided by A MERICAN U NITED L IFE I NSURANCE C OMPANY ® | a O NE A MERICA ® company Employer Contribution Formula –Tiered Based on the percentage of elective deferrals or years of service –Example, 100 percent of the first 2 percent of compensation deferred and 50 percent of the next 2 percent of compensation deferred

Products and financial services provided by A MERICAN U NITED L IFE I NSURANCE C OMPANY ® | a O NE A MERICA ® company Employer Contribution Formula Employer non-elective contributions may be: –Allocated based on the ratio each participant’s compensation bears to the total compensation to all participants –Allocated as a uniform dollar amount to all participants –Integrated with the Social Security taxable wage base –Allocated based on classification groups

Products and financial services provided by A MERICAN U NITED L IFE I NSURANCE C OMPANY ® | a O NE A MERICA ® company Employer Contribution Formula For any type of employer contribution, the computation period (i.e., the period that is used to calculate the amount of the contribution) in the document must be followed.

Products and financial services provided by A MERICAN U NITED L IFE I NSURANCE C OMPANY ® | a O NE A MERICA ® company Audit Preparation for Large Filers A large filer has 100 or more participants at the beginning of the plan year If the plan has never been a large filer, it will become large when the participant count is over 120 – Participant Rule: If the number of participants at the beginning of the plan year is between 80 and 120, and a Form 5500 annual return/report was filed for the prior plan year, you may elect to complete the return/report in the same category (‘‘large plan’’ or ‘‘small plan’’) as was filed for the prior return/report.

Products and financial services provided by A MERICAN U NITED L IFE I NSURANCE C OMPANY ® | a O NE A MERICA ® company Audit Preparation for Large Filers AUL’s SSAE 16 allows your plan to have a limited scope audit You are able to provide the auditor with restricted eSponsor access Standard audit package available upon request: –Annual report –Form 5500 draft –Test Results –Other commonly requested reports

Products and financial services provided by A MERICAN U NITED L IFE I NSURANCE C OMPANY ® | a O NE A MERICA ® company Fee Disclosure Regulations After Initial Disclosures Two regulatory components: –408(b)(2) – Plan Sponsor Disclosure –404(a)(5) – Participant Disclosure 408(b)(2) delivered May (a)(5) delivered June 2012 –404(a)(5) quarterly statements reflected changes after February 2012.

Products and financial services provided by A MERICAN U NITED L IFE I NSURANCE C OMPANY ® | a O NE A MERICA ® company Fee Disclosure Regulations After Initial Disclosures For calendar year plans, the deadline for plan sponsors to distribute to participants was August 30, If you have more than one provider, the regulation requires that information be provided in a single envelope.

Products and financial services provided by A MERICAN U NITED L IFE I NSURANCE C OMPANY ® | a O NE A MERICA ® company Fee Disclosure Regulations After Initial Disclosures Updated disclosures as a result of plan changes –We will update the Participant Fee Disclosure document on eSponsor and Account Services –If a new disclosure is required due to investment changes, we will send a sample letter to you that you should distribute to plan participants prior to the investment change 2/28/0922 For company and recruiting use only. Not for public distribution.

Products and financial services provided by A MERICAN U NITED L IFE I NSURANCE C OMPANY ® | a O NE A MERICA ® company Fee Disclosure Regulations After Initial Disclosures Meeting the annual disclosure requirement We will update/refresh the Participant Fee Disclosure each year approximately two months prior to the end of the plan year. –Will refresh for calendar year plans on November 1 prior to the end of the plan year. –Recommend distributing disclosures each year when refreshed 2/28/0923 For company and recruiting use only. Not for public distribution.

Products and financial services provided by A MERICAN U NITED L IFE I NSURANCE C OMPANY ® | a O NE A MERICA ® company Fee Disclosure Regulations After Initial Disclosures You may view disclosure documents under both: –Plan Documents (including Amendments and Notices) Plan Correspondence and Notices –Contract, Amendments and Agreements Service Agreements and Fee Disclosures

Products and financial services provided by A MERICAN U NITED L IFE I NSURANCE C OMPANY ® | a O NE A MERICA ® company Fee Disclosure Regulations Overview Participants may access the participant fee disclosure document in Account Services under the My Plan tab Posting on Account Services does not constitute delivery. –Guidance regarding electronic delivery of disclosures is available on the Fee Disclosure page on eRetirement – Plan Sponsor. 2/28/0925 For company and recruiting use only. Not for public distribution.

Products and financial services provided by A MERICAN U NITED L IFE I NSURANCE C OMPANY ® | a O NE A MERICA ® company Fee Disclosure Regulations Overview Resources –Sponsor Fee Disclosure page on eRetirement – Plan Sponsor –Fee Disclosure page on eRetirement – Participant Includes link to DOL document –Employee Benefits Security Administration 401(k) Fee Disclosure Resource website

Products and financial services provided by A MERICAN U NITED L IFE I NSURANCE C OMPANY ® | a O NE A MERICA ® company Mandatory Cash-Out (MCO) Assistance Assistance provided to help you with the administration of the MCO distribution provisions in your plan. MCO Center is located on the secure eSponsor website.

Products and financial services provided by A MERICAN U NITED L IFE I NSURANCE C OMPANY ® | a O NE A MERICA ® company Mandatory Cash-Out (MCO) Assistance Two options –Automated –Upon Approval Advantages of providing data changes as they occur –Potentially lower the participant count for the Form 5500 –Less information to update on the annual census –Opportunity to default loans timely

Products and financial services provided by A MERICAN U NITED L IFE I NSURANCE C OMPANY ® | a O NE A MERICA ® company PA Webinars Recorded presentation that consists of either: –1 two-hour session –2 one-hour sessions Topics: –Enrollment and Contributions –Distributions and Plan Year Life Cycle 2/28/0929 For company and recruiting use only. Not for public distribution.

Products and financial services provided by A MERICAN U NITED L IFE I NSURANCE C OMPANY ® | a O NE A MERICA ® company PA Webinars Value added, optional service for: –Plans new to AUL –New plan administrators, daily contacts upon request Link available May request the recorded file from your Plan Services Consultant 2/28/0930 For company and recruiting use only. Not for public distribution.

Products and financial services provided by A MERICAN U NITED L IFE I NSURANCE C OMPANY ® | a O NE A MERICA ® company Questions THANK YOU!!