Oppenheimer funds are distributed by OppenheimerFunds Distributor, Inc., 225 Liberty Street, New York, NY © 2016 OppenheimerFunds Distributor, Inc. All rights reserved. Beneficiary Planning: Don’t Leave Your Legacy to Chance! Financial Advisor’s Name Financial Advisor’s Title Financial Advisor’s Firm Mm/dd/yyyy The firm indicated above is not a subsidiary of OppenheimerFunds, Inc., nor is the individual indicated above employed by OppenheimerFunds, Inc., or any subsidiary. Products offered through OppenheimerFunds Not FDIC Insured May Lose Value Not Bank Guaranteed Oppenheimer funds are distributed by OppenheimerFunds Distributor, Inc., 225 Liberty Street, New York, NY © 2016 OppenheimerFunds Distributor, Inc. All rights reserved.

2 Don’t Let This Happen to You… Dilemma: Anne didn’t update her beneficiary form after she wed Bruce. Source: NY Post, January 31, 2005

3 Agenda Benefits of Beneficiary Planning Know the Basics What You Can Do Now

4 Account Owner Benefits: Ensure assets reach intended beneficiaries Provide for financial needs of loved ones in orderly fashion Potentially reduce taxes Help a favorite cause Benefits of Beneficiary Planning

5 Beneficiary Benefits: Know what to expect during this emotional time Avoid potential delay and expense of probate Potential opportunity to take advantage of tax-deferred strategies Benefits of Beneficiary Planning

Know the Basics

7 What would happen to Andy’s money? Opened a $500,000 IRA online He did not name a beneficiary Meet Andy…

8 Look What Happens to Andy’s Money... Andy’s IRA – [attorney fees + probate fees + taxes] = Not $500,000! Expense Public Record Time Andy’s $500,000 IRA Andy’s Estate Probate Court

9 Your will has no bearing on retirement account disbursements Valid beneficiary form Impacts amount and timing of retirement distributions Enables beneficiaries to take advantage of available tax opportunities Why Is the Beneficiary Form Important?

10 To Whom Will You Leave Your Money? Spouse Children Grandchildren Charities Other Choosing Your Beneficiaries

11 The Stretch IRA Strategy What Is a Stretch IRA Strategy? Distribution strategy Tax-deferred earnings within IRA extends beyond lifetime of account owner potentially over multiple generations Your Legacy

12 The Stretch IRA Strategy How Does It Work? Account OwnerSpouse Rollover Children Grandchildren Names younger beneficiaries

13 Andy’s Starting Balance: $500,000 The Stretch IRA Strategy Why Planning Matters Children’s Inheritance: $1,188,015 Total Distributions: $4,098,871 Children’s Inheritance: $1,001,001 Total Distributions: $2,276,5010 Children’s Inheritance: $1,001,001 Total Distributions: $2,276,5010 Note: Hypothetical based on 8% annual rate of return. Account values subject to income tax upon distribution. This hypothetical example is not intended to show the performance of any Oppenheimer fund for any period of time or fluctuations in principal value or investment return. Source of calculation: Brentmark Retirement Plans software. For more information on the IRS Life Expectancy Tables go to

14 Reasons to update Births and Adoptions Deaths Special needs beneficiaries Marriage s and divorces Life Happens

15 Meet David and Debbie Sandler... David never named anyone other than his spouse as beneficiary of his retirement benefits!

What You Can Do Now

17 What You Can Do Now Take inventory of all your accounts Talk to your beneficiaries Work with your financial advisor

18 Take Inventory of all Your Accounts Where are your beneficiary forms? Who are your beneficiaries? Are your beneficiary forms up-to-date?

19 Talk to Your Beneficiaries How will your decisions affect your beneficiaries? Do your beneficiaries have copies of your forms? Do they know what to do when they inherit the assets? Do they have current beneficiary designations for their own accounts?

20 Alleviate stress associated with beneficiary planning Discuss options with you and your beneficiaries Assist beneficiaries when the time comes to transfer assets Work with Your Financial Advisor

21 Designating the correct beneficiaries benefits both account owners and beneficiaries Proper planning can help prevent your money from falling into the wrong hands Review your beneficiary designations on a regular basis Remember…

22 Collect beneficiary information on all of your accounts Talk to your beneficiaries Make an appointment with your financial advisor today Take Action Now

23 Thank You! This material is provided for general and educational purposes only, and is not intended to provide legal, tax or investment advice, or for use to avoid penalties that may be imposed under U.S. federal tax laws. Contact your attorney or other advisor regarding your specific legal, investment or tax situation. Shares of Oppenheimer funds are not deposits or obligations of any bank, are not guaranteed by any bank, are not insured by the FDIC or any other agency, and involve investment risks, including the possible loss of the principal amount invested. Before investing in any of the Oppenheimer funds, investors should carefully consider a fund’s investment objectives, risks, charges and expenses. Fund prospectuses and summary prospectuses contain this and other information about the funds, and may be obtained by asking your financial advisor, calling or visiting our website at oppenheimerfunds.com. Read prospectuses and summary prospectuses carefully before investing. Oppenheimer funds are distributed by OppenheimerFunds Distributor, Inc. 225 Liberty Street, New York, NY ©Copyright 2016 OppenheimerFunds Distributor, Inc. All rights reserved. CC