Bartholomew Consolidated Schools 403(B) Plan 401(A) Plan VEBA HSA 2017

Two Brothers Ben Justin Graduated from college, started teaching, and got married at 22 Had 2 children within the next 8 years Wife stayed home after second child; went back to work after second child went to high school Justin Also graduated from college, started teaching, and got married at 22 Had 2 children within the next 3 years; wife stayed home When kids started KG, wife started career

All BCSC employees are eligible for 403(b) salary reduction. Deductions are taken out of 20 pays for non-contracted and non-year-round employees Deductions are taken out of 26 pays for contracted and year-round employees. All 3 vendors- Metlife, Valic, and Aspire- will have reps visiting the buildings after the start of school You can also call and schedule an appointment if you missed them

403(B) No hardship withdrawals No loans No catchup deferrals Blank salary reduction agreement on BCSC website; reps will have copies

403(B) Investment Choices METLIFE Annuities (57 choices) $30 Account Fee .50% Mortality Fee No Surrender Fee (except fixed fund) Mutual Funds (29 choices) .28% Account Fee + expense ratio of fund(s)

403(B) Investment Choices VALIC Annuities (29 choices) No Account Fee .75-1.25% Mortality Fee No Surrender Fee (except fixed fund) Mutual Funds (Internet Only) (90 choices) $40 Account Fee + expense ratio of fund(s)

403(B) Investment Choices ASPire (403b ASP) $40 Account Fee + .10% Management Fee + expense ratio of fund(s) 40 Mutual Funds through Edward Jones Option of Self-directing through 403(b) ASP (Internet Only) Thousands of mutual funds to choose from Apply on the Aspire website When account is set up, fill out a BCSC salary reduction agreement, sign, and send to Business Office No rep or broker to work with

ROLLOVERS, EXCHANGES, AND TRANSFERS Rollovers- monies from a previous employer 403(b) or similar plan; check was received Transfers- monies from a previous employer 403(b) or similar plan; directly sent to new 403(b) vendor (no cash or check involved) Check to see if there are any surrender charges from the vendor losing the funds All Permitted

401(A) BCSC matches up to 3% of your base salary Monies are sent to Metlife regardless of your 403(B) vendor An account will be set up with Metlife for the 401(A) match You invest the monies just like you would in your 403(B) 5 year vesting

BARTHOLOMEW CONSOLIDATED SCHOOLS   403(B) VENDORS REPRESENTATIVE ANNUITY VENDOR FIRST NAME LAST NAME REPRESENTATIVE FIRM PHONE # EMAIL-WEBSITE METLIFE Lottie Barcus Metlife 765-720-7786 Lbarcus@financialguide.com VALIC Gary Bridwell 800-892-5558 ext. 87042 gary.bridwell@valic.com Stephanie Bunday 800-892-5558 ext. 88458 stephanie.bunday@valic.com Nate Richardson 800-892-5558 ext. 88809 nathan.richardson@valic.com ASPIRE Rick Colglazier CFD Investments 812-372-4400 rick.colglazier@cfdinvestments.com Ryan Burchfield Edward Jones 812-378-0611 ryan.burchfield@edwardjones.com Lisa Duke 812-378-0475 lisa.duke@edwardjones.com Ken Free 812-378-0022 ken.free@edwardjones.com John Hayden john.hayden@edwardjones.com Bob Lewis 812-378-5495 bob.lewis@edwardjones.com Andy Mann 812-378-1018 andy.mann@edwardjones.com Jim Ostermueller 812-376-0370 jim.ostermueller@edwardjones.com Eric Robbins 812-342-8193 eric.robbins@edwardjones.com David Weiss 812-375-9160 david.weiss@edwardjones.com Mike Engelstad Engelstad Wealth Advisors 812-799-0345 Michael.Engelstad @wfafinet.com Jodi Jodi.Engelstad @wfafinet.com Warren Ward Warren Ward Assoc 812-379-1120 www.warrenwardassociates.com Philip Blum WestPoint Financial Group, LLC 317-964-1849 pblum@financialguide.com Jack Hettiger 317-469-9999 jhettiger@financialguide.com Jacob Martin 812-603-8367 jacobmartin@financialguide.com Gabriel Thomas Alpha Financial Services 812-799-0039 gabriel.thomas@cfdinvestments.com As of: 4/3/2017

VEBA BCSC BUYS YOUR UNUSED SICK DAYS OVER 180 FOR $43 PER DAY FUNDS CAN ONLY BE USED FOR HEALTH-RELATED EXPENDITURES WHEN YOU RETIRE

Health Savings Account (HSA) What are they? HSAs are tax-advantaged medical savings accounts available to taxpayers who are enrolled in an HSA-qualified high-deductible health plan. The funds contributed to the account are not subject to federal income tax at the time of deposit. Unused amounts in one year can be carried over to following years and added to subsequent contributions. HSA Contribution Limits: Individual: $3,400 for 2017 Family: $6,750 for 2017 Individuals age 55 and over may make an additional “catch up” contribution of up to $1,000.

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