1. PLAN FOR RETIREMENT
Welcome to the 401(k) enrollment meeting. [I’m {RM NAME/Plan Advisor Name} [with Mutual of Omaha. {I’m a Retirement Plans Relationship Manager, and I’ve been with the Company {##} years}/{Plan advisor introduction information}]
I’m here today to offer you information on the opportunity you have to set aside money for your retirement on a tax deferred basis, through a retirement plan provided by your employer.
Before we begin, does everyone have their enrollment materials handy? I’ll refer to them several times throughout this meeting. 1
AFN32287_1214
AFN32287_1007 1

2. Why Mutual of Omaha Retirement Services?
Proven financial strength and stability
Customer-focused core values
First, let me give you a little background on Mutual of Omaha and why your company chose to offer [A. our/B. their] 401(k) product for your plan.
Headquartered in Omaha, Nebraska, Mutual of Omaha is a full-service, multi-line organization providing insurance and financial products for individuals, businesses and groups throughout the United States.
[A. We’ve/B. they’ve] built [A. our/B. their] business by focusing on what’s best for [A. our/B. their] customers and staying committed to [A. our/B. their] core values. You can read more about Mutual of Omaha and its affiliate companies on [A. our/B. their] Web site at mutualofomaha.com.
*United of Omaha and Companion Life Insurance (in NY) offer the 401k product, and it is administered by Mutual of Omaha.
But enough about [A. us/B. Mutual], let’s talk about why you’re here.
Investment options are underwritten by either United of Omaha Life Insurance Company or Companion Life Insurance Company, wholly owned subsidiaries of Mutual of Omaha. 2 2

3. Important Upcoming Dates:
Open Enrollment: [week of]
Black Out Begins: [week of]
Black Out Ends: [week of]
[RM: INSERT SPECIFICS AND IMPORTANT DATES] 3 3

4. Today’s Agenda Why save for retirement? What is a 401(k) plan?
How much do you need to save?
Where should you invest your money?
How do you get started?
Specific features about your plan
[RM: VARIABLE SLIDES BASED ON AGENDA TOPICS]
Today, you’re going to learn:
Why saving for retirement is important
What a 401(k) plan is
How much you may want to save to reach your goals
How to determine what investments are right for you
How to get started
And the specific features of your plan 4 4

5. Why Save for Retirement?
Social Security will not be enough
The impact of inflation
Increased years in retirement
Why do you need to save for retirement?
There are a number of reasons, but three of the most important are:
Social Security typically replaces less than half of your pre-retirement income – can you live on less than half of what you make today?
Prices increase over time (this is called inflation) and if you have a number of years until retirement, the things you buy today may cost 2-3 times as much by the time you retire.
Today, many people are living longer, and longer life spans may mean more years spent in retirement.
The decisions you make today will have a substantial impact on the lifestyle you will have when you retire
Now let’s talk about each of these in a little more depth starting with Social Security. 5 5

6. 2012 Income Sources for Retirees
ASSET INCOME 11%
SOCIAL SECURITY 37%
PENSIONS 19%
Experts suggest you’ll need between 70 to 90 percent of your current income (adjusted for inflation) in retirement. According to the Social Security Administration, Social Security provides approximately 37 percent of current income for today’s retirees. This means that the majority of your retirement income will need to come from other sources, such as a 401(k) plan.
If you want to retire someday, you need to plan for it and start saving today.
OTHER 3%
EARNINGS 30%
Source: Social Security Administration, Income of the Aged Chartbook, 2010, released March 2012 6 6

7. Higher Cost of Inflation
TAKE A LOOK AT HOW PRICES MAY CHANGE OVER TIME:
2012
IN 15 YEARS
IN 25 YEARS
NEW CAR
$28,400
$42,040
$54,610
WEEK-LONG VACATION
$2,500
$3,700
$4,810
WINTER COAT
$150
$222
$288
1 LB. OF COFFEE
$4.10
$6.07
$7.88
Inflation also will impact your savings significantly.
For example, based on an annual 2.65 percent inflation rate, a new car that costs $28,400 today may cost more than $54,000 in 25 years. And the pound of coffee that costs $4.10 may cost almost $8. In any respect, you’ll need more money in the future just to maintain your current standard of living.
Sources: Inflation Data.com, 2012
Current prices are estimates. Future prices based on an annual 2.65 percent rate of inflation. 7 7

8. Increased Years in Retirement
WHY DOES MY LIFE EXPECTANCY MATTER?
As life expectancies continue to increase, so do the number of years spent in retirement. This is good news, but it also means that your retirement savings need to last even longer. You have, at most, years to put aside enough money to live an additional 18+ years – and 18 years is just the average. Many people spend well beyond 18 years in retirement. 8 8

9. What is a 401(k) Plan? A retirement plan offered by your employer
You contribute
Your employer may contribute matching contributions
Convenience
Tax advantages
[RM: EMPLOYER MATCH IS VARIABLE - DEPENDING ON THE PLAN SPONSOR.]
Next, let’s talk about what a 401(k) plan is.
A 401(k) plan is a retirement plan that your employer has set up to benefit you and your co-workers.
There are many ways to save for retirement but a 401(k) plan has many advantages over other savings vehicles.
If you set aside money for retirement by contributing to the plan, your employer may make matching contributions
Convenience – the money is automatically deducted from your paycheck
Tax advantages – the money you contribute is deducted from your pay before income taxes, so you’re able to invest more than if you’d waited until after you received your check. And the money in your account grows without being taxed until you withdraw it – so you may accumulate more than if you’d put your money in a taxable account
Let’s look at some examples of how pretax investing can work to your advantage. 9 9

10. Advantages of Investing Pretax Dollars
Here’s an example of how much it actually costs to invest on a pretax basis. A $100 investment only costs $72.50, when you consider the tax savings you achieve by reducing your income by the $100 contribution of your 401k.
[PRESENTER: REVIEW EACH COLUMN OF THE SLIDE ONE LINE AT A TIME]
Assumes Adam and Michael are in a 27.5 percent tax bracket. Calculation shows federal income tax withholding only. 10 10

11. How Much Do You Need to Save?
Identify personal needs
Develop a plan
Now that you understand why you need to save for retirement and the advantages of saving through your 401(k) plan, let’s talk about how much you need to save.
How much do you need to save? The answer is different for everyone. First, you need to identify your personal objectives and then develop a plan to meet them. Let’s take a look at what that means. 11 11

12. How Much Money Will I Need?
Age
Annual Salary
Amount Needed at Retirement 25
$20,000
$40,000
$60,000
$80,000
$286,037
$810,466
$1,470,965
$2,181,130 35
$207,741
$588,619
$1,068,321
$1,584,094 45
$150,876
$427,498
$775,892
$1,150,483 55
$109,577
$310,480
$563,509
$835,544
The amount of money you will need in retirement depends largely on the lifestyle you want during retirement and will be different for everyone. As a general rule, you’ll probably need enough money to replace about 75% of your pre-retirement income. This table – which can be found in your enrollment book – may give you an idea of how much you may need to save to fill the gap between Social Security and your total income needs in retirement. You can find your approximate age and salary to estimate how much money you’ll need to replace 75 percent of your income during retirement. For example, if you’re around age 35 and earn approximately $40,000, you may need more than $588,619.
This chart is for illustration purposes only. Not intended to be investment advice; consult your financial/tax adviser for information about your specific situation. Assumes pretax savings through this plan and other tax deferred savings, no change in Social Security benefits, a 6 percent annual rate of return on investments after retirement, retiring at age 67 and living until age 85, with all funds exhausted by age 85. Assumes that salary and payout will grow at an annual rate of inflation of 3.25 percent. 12 12

13. How Much Should I Contribute?
Age
Annual Salary
Suggested Contribution Percent
Suggested Weekly Contribution 25
$20,000
$40,000
$60,000
$80,000 8%
11%
14%
15%
$30
$86
$156
$231 35
16%
19%
21%
$43
$121
$219
$325 45
17%
24%
29%
32%
$65
$184
$334
$495 55
45%
54%
60%
$344
$623
$924
This chart is for illustration purposes only. Chart computes contributions suggested to reach 75 percent of income needed for retirement. Not intended to be investment advice; consult your financial/tax adviser for information about your specific situation. Some amounts may exceed plan- or IRS-imposed participant contribution limits for defined contribution plans. Check the Plan Highlights section of your enrollment book for the IRS-imposed contribution limits.
This table – which is also in your enrollment book – is designed to help you determine how much you’ll need to contribute to reach the savings goal we just discussed. The suggested contribution is the estimated contribution needed to replace 75 percent of your income in retirement. This chart also illustrates the benefits of starting to save for retirement early in your career. A 25 year old making $20,000 a year would need to save 8% of pay whereas if they waited until age 45 to start saving, they would need to save 17% of pay to reach the same level of savings at retirement. 13 13

14. Why is Time Important? The Benefits of Starting Early
Even though Alana contributed more money to her retirement savings plan, Suzanne ended up with nearly twice as much at age 65. Why? Because Suzanne started early and took advantage of the power of time and compounding.
This illustration assumes a 6 percent earned rate per year with money deposited at the beginning of the month. This rate is used for illustration purposes only and doesn't represent the actual performance of any specific investment. There’s no guarantee that any particular return will be achieved, and past performance is no guarantee of future results. Investment returns will vary and principle values, when redeemed, may be worth more or less than the original investment. Where applicable, figures have been reduced based on a tax rate of 27.5 percent.
$191,696
$136,694
Starting early is important – it can make a big difference. The earlier you start saving, the more time your money has to grow. And you earn a return not only on the money you contribute but also on the earnings those contributions can generate as well. This is the concept called “compounding.” This chart illustrates the power of starting early.
Suzanne started contributing $100 a month at age 25. At age 65, she ended up with twice as much as Alana. That’s because Alana didn’t start contributing until age 45. Suzanne took advantage of the power of time and compounding.
This illustration shows you the benefits of starting now – regardless what your age is. The sooner you start saving, the better off you’ll be at retirement. 14 14

15. Where Should I Invest My Money?
Professional investment portfolios
Risk-based
Time-based
Build your own portfolio
Professionally managed account options
Self-directed Brokerage Account (SDBA)*
*Not all plans qualify for the SDBA. Additional fees may apply.
Not intended to be investment advice.
[RM: RISK-BASED/TIME-BASED ARE VARIABLE; PMA’S AND SDBA’S ARE VARIABLE]
Now that you know the importance of starting early and contributing regularly, your next questions is likely to be “Where should I invest my money?”
No matter what type of investor you are, you can find fund options to match your individual investment style in your 401(k) plan.
[You may select your investments from a risk {and/or} time based portfolio.]
You may build your own portfolio from a variety of funds within your plan.
[Your plan sponsor has chosen an individually managed account as your investment option.]
[You have access to a self-directed account.] 15 15

16. Time Horizon
To answer the question “Where Should I invest my money?” let’s start with some basic investment concepts. When determining where to invest your money, you need to consider several factors. The first is your time horizon. “Time horizon” refers to the amount of time you have between now and when you’ll need to begin using your retirement savings. Typically, the longer your time horizon, the more risk you may be willing to take, because you have more time to weather “ups” and “downs” in the market. 16 16

17. Risk/Return Profiles
Your tolerance for risk is also important when determining where to invest your money. Your risk tolerance refers to how comfortable you are with the possibility of a short-term loss. Are you more comfortable with investments that seek to preserve your capital but offer lower potential for growth? Or can you handle the possibility of a short-term loss if the is potential for greater long-term growth.
When selecting your investment mix, keep in mind the risk and growth potential of the various asset classes. Generally speaking, the higher the risk, the higher the potential return may be OVER THE LONG TERM. 17 17

18. Simplified Investing Through Professional Investment Portfolios
Portfolios that match your needs
Rigorous expert selection process
Professional diversification
Automatically rebalanced based on pre-set allocation over time
[If these types of investment concepts make your head spin, don’t worry. Your plan has selected investment options with a simplified method of investment for you. This method involves professional investment portfolios called [Mutual Directions, GlidePath or Vanguard Target Date funds]. These funds were developed with the help of professional investment advisors.
Each portfolio was designed to match a particular investment style (from conservative to aggressive) or intended retirement date.
All the funds in each portfolio are managed by professional investment managers who are put through a rigorous selection process.]
And each portfolio is continually monitored and automatically rebalanced as needed. 18 18

19. Mutual Directions® Portfolios
Series of five risk-based portfolios
One investment decision (determined by risk tolerance)
Designed to meet the objectives of the conservative to aggressive investor
[The Mutual Directions funds consist of 5 risk-based portfolios. They are designed for participants who want to invest in one diversified fund based on their tolerance for risk.] 19 19

20. Mutual Directions® Portfolios
Conservative to Aggressive Portfolios
[Here’s a snapshot of the five portfolios. As you can see, they’re made up of different types of funds, including stocks, bonds and stable value securities.
Mutual Directions 1 is the most conservative. Mutual Directions 5 is the most aggressive – all of its assets are invested in stocks. The others fall somewhere in between.
As needed, these portfolios are automatically rebalanced on a quarterly basis to ensure the same mix of funds.
For example, if you’re investing in Mutual Directions 2 and the stocks in your portfolio perform exceptionally well one quarter, the overall balance of your account may be skewed to a larger percentage of stocks, say 50 percent. When that happens, some of the stocks will be sold (and more stable value securities or bonds may be bought) to bring the overall mix back to 40 percent stocks, 30 percent bonds and 30 percent fixed-income securities.
This is all done behind the scenes, so you don’t have to worry about keeping track of it.]
Diversification does not ensure a profit or protect against a loss in a declining market. 20 20

21. Which Portfolio is Right for You?
[Here’s a chart that may help you determine which MD portfolio fits your time horizon and risk tolerance.] 21 21

22. GlidePath RetirementSM Series
GlidePath Retirement portfolios are designed to help investors achieve a broadly diversified portfolio that will gradually become more conservative in its allocation as the target retirement date nears. The portfolios continue to be allocated along their investment “glidepaths” for approximately 20 years beyond the target retirement date. GlidePath Retirement portfolios offer higher equity exposure at the target retirement date than “to retirement” style time based portfolios.
[For investors who prefer to invest their money based on personal risk tolerance or time until retirement, your plan offers professionally developed asset allocation portfolios.
GlidePath Retirement is a series of time-based portfolios designed to help investors achieve a broadly diversified portfolio that gradually becomes more conservative in its allocation as the target retirement date nears. The portfolios continue to be allocated along their investment “glidepaths” for twenty years beyond the target date to continue generating investment returns well into retirement.]
Diversification does not ensure a profit or protect against a loss in a declining market. 22

23. GlidePath RetirementSM Series
GlidePath Retirement 2005 Designed for investors who intend to retire within five years of 2005.
GlidePath Retirement 2010 Designed for investors who intend to retire within five years of 2010.
GlidePath Retirement 2015 Designed for investors who intend to retire within five years of 2015.
GlidePath Retirement 2020 Designed for investors who intend to retire within five years of 2020.
GlidePath Retirement 2025 Designed for investors who intend to retire within five years of 2025.
GlidePath Retirement 2030 Designed for investors who intend to retire within five years of 2030.
GlidePath Retirement 2035 Designed for investors who intend to retire within five years of 2035.
GlidePath Retirement 2040 Designed for investors who intend to retire within five years of 2040.
GlidePath Retirement 2045 Designed for investors who intend to retire within five years of 2045.
GlidePath Retirement 2050 Designed for investors who intend to retire within five years of 2050.
GlidePath Retirement 2055 Designed for investors who intend to retire within five years of 2055.
GlidePath Retirement 2060 Designed for investors who intend to retire within five years of 2060.
[The twelve target retirement date funds are shown above and there are more details on each of these funds in the fund profiles included in your enrollment workbook.] 23 23

24. Vanguard® Target Retirement Funds
Vanguard® Target Retirement Funds are time-based investments that become more conservative as the target retirement date nears. Vanguard Target Retirement Funds offer lower equity exposure at the target retirement date than “through retirement” style time-based portfolios.
[For investors who prefer to invest their money based on personal risk tolerance or time until retirement, your plan offers professionally developed asset allocation portfolios.
Vanguard® Target Retirement Funds are time-based investments that become more conservative as the target retirement date nears. Approximately seven years after the target retirement date, the portfolio allocations should resemble that of the Vanguard Target Retirement Income Fund, which includes continued exposure to stocks for potential growth. What does this mean to you? If you retire at age 65, the Vanguard Target Retirement Funds will feature approximately 50% equity allocation. At age 72 and older, the funds will feature approximately 30% equity allocation.]
Diversification does not ensure a profit or protect against a loss in a declining market.
All Vanguard Target Retirement funds are managed by The Vanguard Group, Inc. Vanguard and Mutual of Omaha are not affiliated companies. 24

25. Vanguard® Target Retirement Funds
Vanguard Target Retirement Income Fund Designed for investors already in retirement.
Vanguard Target Retirement 2015 Fund Designed for investors who intend to retire within five years of 2015.
Vanguard Target Retirement 2020 Fund Designed for investors who intend to retire within five years of 2020.
Vanguard Target Retirement 2025 Fund Designed for investors who intend to retire within five years of 2025.
Vanguard Target Retirement 2030 Fund Designed for investors who intend to retire within five years of 2030.
Vanguard Target Retirement 2035 Fund Designed for investors who intend to retire within five years of 2035.
Vanguard Target Retirement 2040 Fund Designed for investors who intend to retire within five years of 2040.
Vanguard Target Retirement 2045 Fund Designed for investors who intend to retire within five years of 2045.
Vanguard Target Retirement 2050 Fund Designed for investors who intend to retire within five years of 2050.
Vanguard Target Retirement 2055 Fund Designed for investors who intend to retire within five years of 2055.
Vanguard Target Retirement 2060 Fund Designed for investors who intend to retire within five years of 2060.
[All Vanguard Target Retirement funds are managed by The Vanguard Group, Inc.
To see portfolio choices and detailed fund allocations, please visit getretirementright.com/investment_info/fund_profiles_all.html] 25
*Vanguard is a trademark of The Vanguard Group, Inc. 25

26. T. Rowe Price Personal Strategy Funds
Conservative to Aggressive Portfolios
Here’s a snapshot of the three portfolios within the T. Rowe Price Personal Strategy fund. As you can see, they’re made up of different types of funds, including stocks, bonds and stable value securities.
Diversification does not ensure a profit or protect against a loss in a declining market. 26 26

27. T. Rowe Price Personal Strategy Funds
Managed by T. Rowe Price using primarily individual securities
Rebalanced by T. Rowe Price, within defined ranges, based on economic outlook, interest rates and financial markets
Actively managed
[Speak to the slide bullet points] 27 27

28. Build Your Own Customized portfolios High level of involvement
Carefully selected, monitored investment options
Self-directed brokerage account*
*Not all plans qualify for the SDBA. This feature may impact pricing.
[SELF-DIRECTED BROKERAGE IS A VARIABLE BULLET DEPENDING ON THE PLAN.]
If you prefer to be more involved in the selection process, you can customize your own portfolio from a variety of carefully selected and monitored investment options.
[VARIABLE COPY]
[And for maximum involvement, you can choose investments from a universe of more than 400 mutual funds or buy and sell funds directly through a self-directed brokerage account. Additional fees apply for employees who choose to use the SDBA (Self-directed brokerage account).]
Let’s look at the funds available in your plan. 28 28

29. Monitored Funds Fixed Income/Bonds Domestic Stock Funds
BlackRock High Yield Bond Portfolio
Bond Index Fund
Guaranteed Account*
Lifetime Guaranteed Income Account**
Metropolitan West Total Return Bond Fund
PIMCO Total Return Fund
Templeton Global Total Return Fund
TIPS Index Fund
Domestic Stock Funds
AB Discovery Value Fund
AllianzGI NFJ Dividend Value Fund
All the funds available to you through your plan are shown here. Your employer determined which ones to offer in your plan. You’ll find the list of your available funds in the enrollment book.
You can create your own portfolio by selecting a mix of any of the funds available in your plan.
To learn more about any of these funds, review the fund profiles or investment options located in your enrollment book. These profiles are also updated quarterly on getretirementright.com.
*The Guaranteed Account is an individual investment choice that is not part of the Mutual Directions® or GlidePath Retirement SM Series is not part of the program used by Mutual of Omaha to monitor the portfolios and their underlying funds at the product level.
**Lifetime Guaranteed Income Account (Rider Forms 651-GAQR-10 or 651-GAQR-10(CT) or 651-GAQR-10(OR)) may not be available in all states and specific features may vary by state. Availability may vary by plan. The Lifetime Guaranteed Income Account is not available in New York or Nevada.
Availability may vary by plan and may change over time. 29 29

30. Monitored Funds (Continued)
Domestic Stock Funds (continued)
ClearBridge Small Cap Growth Fund**
Goldman Sachs Small CapValue Fund
Growth Stock Index Fund
Harbor Capital Appreciation Fund
John Hancock Disciplined Value Mid Cap Fund
Lord Abbett Value Opportunities Fund
MFS Value Fund
Mid Cap Stock Index Fund
Prudential Small Cap Value Fund
Royce Total Return Fund
Small Cap Stock Index Fund
Small Company Fund*
Stock Market Index Fund
T. Rowe Price Growth Stock Fund
Value Stock Index Fund
Vanguard® Morgan Growth Fund
Vanguard® Windsor II™ Fund
Waddell & Reed New Concepts Fund
William Blair Small-Mid Cap Growth I Fund
* Not available in New York.
** Only available in New York
Availability may vary by plan and may change over time. 30 30

31. Monitored Funds (Continued)
International Stock Funds
Causeway International Value Fund
Emerging Markets Index Fund
Harbor International Fund
International Developed Countries Fund
International Stock Index Fund
MFS International Growth Fund
Wells Fargo Advantage Emerging Markets Equity Fund
Specialty Funds
Cohen & Steers Institutional Realty Shares
Franklin Growth Fund
Oppenheimer Global Fund
PIMCO All Asset Fund
Vanguard Global Equity Fund 31
Availability may vary by plan and may change over time. 31

32. Self-directed Brokerage Account
For participants who want to select and trade in:
Individual stocks listed on major U.S. stock exchanges
New York Stock Exchange
American Stock Exchange
NASDAQ
Fixed income funds including U.S. government and corporate securities
A large list of mutual funds
[USE ONLY IF SDBA OFFERED]
[For those of you who are really into investing and want even more options, we offer a brokerage window. There is an additional cost to use this feature.]
Additional fees apply. 32 32

33. Professionally Managed Account Options
For participants who want a “do it for me” approach
Personalized retirement strategy recommendations
Professional account management
Regular monitoring and detailed reports
[USE ONLY IF STADION OR MORNINGSTAR RETIREMENT MANAGER OFFERED BY THE PLAN]
[For those who prefer to let the professionals make your investment decisions, your plan also offers Individually Managed Accounts. With an individually managed account, you have access to personalized investment advice and ongoing monitoring from a team of experienced financial professionals. A registered investment advisor makes investment decisions on your behalf and provides ongoing retirement account management consistent with your age and risk tolerance.
There is an additional fee for this service.]
Additional fees apply. 33 33

34. Professionally Managed Account Option
Stadion
Fully automated feature
Manages investments based on current market conditions
Defaulted based on age or individual preference
[Stadion is a plan feature designed to help you achieve your retirement savings goals through professional account management. It’s a fully automated feature, all you have to do is select this option on your enrollment form. Stadion invests and manages your contributions based on your age, risk tolerance and current market conditions.]
Additional fees apply. 34

35. Stadion Managed Account Portfolio
New Portfolio
Current Portfolio Line Up
Core Fixed Income – This portion always remains invested in fixed income positions.
Flex – We invest this portion in equity, fixed income, or cash and other stable value positions depending on current market conditions.
Core Equity – This portion always remains invested in equity positions.
Past performance does not guarantee future returns. Investments are subject to risk, and any of Stadion’s investment strategies may lose money. Investment return and principal value of an investment will fluctuate so that an investor's portfolio may be worth more or less than their original investment. Stadion’s actively managed portfolios may underperform during bull markets.
All Stadion portfolios are managed by Stadion Money Management, LLC. Stadion and Mutual of Omaha are not affiliated companies.

36. A traditional balanced fund uses a static asset allocation strategy.
A significant portion of the portfolios – the Flex component – can be invested in equity positions or fixed income/cash positions based on market risk conditions.
[This is an example of Stadion’s Balanced Portfolio on the right.]
[RM: Explain each of the components and what they represent]
Traditional Balanced Fund
Stadion Balanced Portfolio
Low Risk Environment
High Risk
Environment
Equity
Flex Portion
Fixed Income
Past performance does not guarantee future returns. Investments are subject to risk, and any of Stadion’s investment strategies may lose money. Investment return and principal value of an investment will fluctuate so that an investor's portfolio may be worth more or less than their original investment. Stadion’s actively managed portfolios may underperform during bull markets.
All Stadion portfolios are managed by Stadion Money Management, LLC. Stadion and Mutual of Omaha are not affiliated companies.

37. Professionally Managed Account Option
Morningstar® Retirement Manager™
Professional investment guidance
Managed account services
Ongoing account review
[Morningstar Retirement Manager is a plan feature designed to help you achieve your retirement savings goals through professional investment guidance, account management services and ongoing reviews by a registered investment advisor.
Additional fees apply for employees choosing this service from Morningstar.]
Additional fees apply. 37

38. Qualified Default Investment Alternatives (QDIA)
Your Plan’s QDIA solution:
Stadion
Morningstar® Retirement ManagerTM
GlidePath RetirementSM Series
Vanguard Target Retirement Funds
[RM: CHOOSE A SINGLE SOLUTION (QDIA)]
A Qualified Default Investment Alternative is a term that applies to the investment your plan sponsor will automatically put your contributions in if you don’t make your own investment decision. 38

39. How Do I Get Started? Determine how much to contribute
Complete Risk Tolerance Questionnaire
Choose how to invest your money
Complete the enrollment forms
[RM: PAPER ENROLLMENT]
Finally, how do you enroll to get started in your plan?
1. First, read your enrollment booklet.
2. Then determine how much you need to contribute to meet your retirement goals. For help, use the online calculator at getretirementright.com.
3. Next, determine how you want to invest your money. Your enrollment booklet will walk you through all the options available to you.
4. Finally, complete the enrollment forms and turn them in to your plan administrator.
[PRESENTER: IF TIME ALLOWS, WALK THE PARTICIPANTS THROUGH EACH ENROLLMENT FORM.] 39 39

40. How Do I Get Started With Online Enrollment?
Go to
[RM: E-ENROLLMENT SLIDE]
Finally, how do you enroll to get started in your plan with online enrollment.
Go to 40 40

41. Online Enrollment – 1st Time Log In
1st time Click “Need to Register”
[RM: E-ENROLLMENT SLIDE]
Finally, how do you enroll to get started in your plan with online enrollment.
1. Click on “Need to register?” on the Account Log In page 41 41

42. Online Enrollment – What You Need
Social Security Number
Date of Birth
Zip Code
[RM: E-ENROLLMENT SLIDE]
Finally, how do you enroll to get started in your plan with online enrollment.
1. You must have 4 pieces of information to register: social security number, date of birth, zip code and your address
2. Once you have registered, you will enter information to create your login credentials, including your website user ID, address, security image & phrase and your password.
3. After you register, those who have not yet enrolled will automatically navigate to the online enrollment experience. 42 42

43. Step 1 – Plan Highlights 43 [RM: E-ENROLLMENT SLIDE]
There are 5 important steps to completing your online enrollment process. These steps include reviewing the plan highlights, setting your savings rate (deferral), selecting your investments, beneficiary designation and confirmation.
In step 1, you will be able to review the plan rules and highlights pertaining to eligibility, contributions, vesting and withdrawals.
[RM: INCLUDE THIS IF PLAN ALLOWS FOR LOANS:] [If your plan allows for loans, the loan parameters will be displayed there as well.]
As you complete each step by clicking the “Continue Enrollment” button, the status will show Completed. 43 43

44. Step 2 – Deferral 44 [RM: E-ENROLLMENT SLIDE]
Step 2: Deferral Rate. In this step you will need to determine your percent of pay to be deferred to the retirement plan.
You will choose the Deferral Source [Employee 401(k) or Employee Roth 401(k)] and then click “Continue” 44 44

45. Step 2 – Deferral Completed
[RM: E-ENROLLMENT SLIDE]
Step 2 will show a status of “Completed”. Click “Continue Enrollment” to determine your investment options. 45 45

46. Step 3 – Choose Investments
[RM: E-ENROLLMENT SLIDE]
Step 3 you will choose your investment options. Click “Continue Enrollment” 46 46

47. Step 4 – Designate Beneficiary
[RM: E-ENROLLMENT SLIDE]
Step 4 you will designate your beneficiary. Click “Designate Your Beneficiaries”
You must provide your beneficiaries name(s), date of birth, social security number and address.
If you are married and choose someone other than your spouse as your beneficiary, you must have your spouse’s signature on the beneficiary form.
Click “Return to Enrollment”
Must have all of these to complete Beneficiary Designation 47 47

48. Step 5 – Confirm Enrollment
[RM: E-ENROLLMENT SLIDE]
Step 5 you will Confirm your Deferral Rate and Investment Options. Click “Continue Enrollment”
Once you have finished Confirmation, all 5 steps should show a status of “Completed” 48 48

49. Setting Your Retirement Goals
Click here to determine your retirement goals
[RM: E-ENROLLMENT SLIDE]
Once you have completed your online enrollment, you may continue to the website for full access to your plan’s online features. If your plan is in the process of onboarding, a logout button will be displayed.
After completing your initial registration, your credentials will be used to access the website each time you log in. This is a simple process using your web user ID and answering one of four rotating questions of either the first 3 or the last 4 digits of your social security number, your date of birth or your zip code. You will enter your password and visually verify your security image and phrase.
Use the “Set My Goals” button on the main page once you have logged in to determine your retirement goals. 49 49

50. Online Tools – Paperless Statements
Your Profile
View Profile
Address: validation is a 4 step process. Once complete, you will receive an when your statement is available to view
Click on “paper” if you want a statement mailed to your home.
To receive an e-statement (paperless), your will click the “Your Profile” link on the tool bar and view your profile. On right of the screen, you will see the options of Paperless or Paper under Statement Selection. Click the “Paperless” button and click “Submit”. If you click on the “Paper” button, your statement will be mailed to your home.

51. Your Plan Features Plan highlights Plan tools 51
Next, let’s review your plan’s specific highlights and the tools that are available to help you access and manage your account. 51 51

52. Plan Highlights Eligibility Contributions Vesting Investment options
Loans
Distributions
[RM: THESE BULLETS ARE VARIABLE, DEPENDING ON THE PLAN-FILL IN THE SPECIFICS DIRECTLY FROM PLAN DOCUMENTS]
Take out the booklet called “Planning for Retirement.” Here, you’ll find information on your company’s plan highlights, including:
[Eligibility requirements
Contribution limits (including the company match)
Vesting schedule
Investment options
Loan availability
Distribution triggers]
Be sure to read this information carefully before you enroll.
[PRESENTER: REVIEW EACH SECTION OF THE PLAN HIGHLIGHTS PAGE IN THE ENROLLMENT BOOK] 52 52

53. Roth 401(k) – More Ways to Save for Retirement
After-tax contributions
Tax-free withdrawals*
No income restrictions
Eligible for matching contributions**
Eligible for rollover into another qualified plan
*Contributions must remain in the plan for 5 years from the first time Roth 401(k) contributions are made and begin after age 59 ½. Roth contributions are not available to be withdrawn as a loan, even if your plan permits plan loans.
**Check your plan provisions.
[RM: USE ONLY IF ROTH CONTRIBUTIONS OFFERED]
Your plan also offers Roth 401(k) contributions. Roth contributions differ from traditional elective deferrals because they’re made on an after-tax basis. Taxes are paid on the contributions before they’re deducted from your paycheck. Roth deferrals will be taxed immediately to the participant; however, the deferral amounts and the earnings on them generally may be distributed federal income tax free, provided the distribution occurs at least 5 years after the participant began making Roth deferrals, is made after the participant reaches age 59 1/2 , or the following the participant’s death or disability.
Similar to pretax elective deferrals, your Roth contributions are matched if your plan allows for matching contributions.
As a participant, you decide which to contribute – Roth, pretax deferrals, or both. 53 53

54. What is more advantageous – Roth or Pretax
You may want to consider pretax contributions if:
Minimizing the taxes you pay today is very important to you
You think your tax rates will be lower when you retire than they are today
The current tax savings you get by making pretax contributions is substantial
Increasing your income would reduce tax credits you may be eligible for now
You believe the certainty of an immediate tax reduction outweighs a potentially larger, but uncertain tax reduction in the future
You have the self-discipline to take the tax savings and invest them for retirement
You may want to consider Roth contributions if:
You want your retirement savings to be tax free when withdrawn (subject to IRS conditions)
You think your tax rates will be higher when you retire than they are today
Your personal tax situation limits the benefits of pretax contributions today (your income is low or you have high tax deductions or credits)
You plan to leave the money in the plan until you retire
You are younger and have a long time to accumulate earnings on your contributions (compounding earnings will have a greater impact on the amount distributed tax free)
You are not eligible for a Roth IRA due to income limitations
[RM: USE ONLY IF ROTH CONTRIBUTIONS OFFERED]
When determining which type of contribution to make – Roth or pretax, you may want to consider some of the following items listed on the screen. 54 54

55. Convenient Customer Service Options
Interactive Voice Response (IVR) System
Speak with a Retirement Specialist
Call IVR System
Press 0
7:00 a.m. – 7:00 p.m. (CST)
Monday - Friday
Customer service options include both an automated and live telephone support. There’s just one number to call for both options.
The Interactive Voice Response system, or IVR, lets you access and manage your account anytime of the day or night. You can press zero to speak to a live retirement specialist between [7 a.m. and 7 p.m. Central Time], Monday through Friday.
These specialists can help you understand and use the account access tools available in your plan. 55 55

56. Quick Access Web site: GetRetirementRight.com/URL
Account balance information
Investment election changes
Deferral percentage changes
Transfers among current funds
Sample loan modeling
Loan requests
Statements on demand
Fund performance information
Distribution requests
Retirement planning tools
Wireless application protocol
You also can access your account through a secure Web site. Here, you can:
[PRESENTER: REVIEW EACH OPTION]
Included in the enrollment booklet is a page titled Account Access. The Account Access explains how to access and use both the IVR and the secure Web site. You also can take a virtual tour of the online tools and resources available to you through an interactive tour found online at getretirementright.com 56 56

57. Education and Planning Tools
SmartPlan EnterpriseSM
[RM: ENTER SPECIFIC SPARTPLAN URL]
[SmartPlan is a quick and easy way to learn about your retirement plan. Live video hosts discuss how your plan works and the benefits of participation, and then guide you through an interactive process that helps you discover your retirement needs and risk profile. In just a few minutes, you can create a personalized investor profile that will help guide your plan investment decisions.
Directions for accessing SmartPlan can be found in your Enrollment Booklet.]
Go to Getretirementright.com/smartplan/URL 57 57

58. Remember Start saving early Contribute regularly
Choose investments that meet your unique needs
Online and telephone support is always available
I know we’ve covered a lot of information today. But just remember that the keys to building your next egg are to start saving early and to make regular contributions. There are a lot of investments to choose from, so no matter what type of investor you are, there’s an option to fit your unique needs and circumstances. And help is always available both online and over the phone. 58 58

59. Questions? Invite any final questions.
Offer to discuss one-on-one immediately after or set up appointment.
Leave audience with something thought provoking.
Thank them for their time.

60. Important Information
All graphs and charts are for illustration purposes only and do not represent actual performance of specific investments. Your investment results will differ.
Unless noted, illustrations assume 6 percent growth per year with money deposited at the beginning of the month.
Figures have been reduced based on a tax rate of 27.5 percent.
Taxes must be paid when funds are withdrawn.
This presenter does not offer investment advice, legal advice, tax advice or tax opinions. Consult with your investment, legal or tax professional before taking any action based on this information.
Past performance is no guarantee of future results.
Investment options are offered through a group variable annuity contract (Forms [902-GAQC-09, 903-GAQC-14, 903-GAQC-14 FL, 903-GAQC-14 MN, 903-GAQC-14 OR, 903-GAQC-14 TX], or state equivalent) underwritten by United of Omaha Life Insurance Company for contracts issued in all states except New York. United of Omaha Life Insurance Company, Omaha, NE is licensed nationwide except in New York. Companion Life Insurance Company, Hauppauge, NY is licensed in New York and underwrites the group variable annuity [(Form 900-GAQC-07(NY))]. Each company accepts full responsibility for each of their respective contractual obligations under the contract but does not guarantee any contributions or investment returns except as to the Guaranteed Account and the Lifetime Guaranteed Income Account as provided under the contract. Specific features of the Lifetime Guaranteed Income Account vary by state. Restrictions apply. The Lifetime Guaranteed Income Account is not available in Nevada or New York. Neither United of Omaha Life Insurance Company, Companion Life Insurance Company, nor their representatives or affiliates offers investment advice in connection with the contract.
Group variable annuities are long-term investment vehicles designed to accumulate money on a tax-deferred basis for retirement purposes. Distributions may be subject to ordinary income tax and, if taken prior to age 59½, a 10 percent federal tax penalty may apply. Investing in a group variable annuity involves risk, including possible loss of principal.
Mutual Directions: The performance of the portfolios is dependent on the performance of their underlying funds, and will assume the risks associated with these funds. The risks will vary according to each portfolio's asset allocation, and the risk level assigned to each portfolio is intended to reflect the relative short-term price volatility among the funds in each. Investment return and principal value of security investments will fluctuate. The value at the time of redemption may be more or less than the original cost. Past performance is no guarantee of future results. Diversification does not ensure a profit or protect against loss in a declining market.
Investments in target date funds are subject to the risks of their underlying funds. The year in the fund name refers to the approximate year (the target date) when an investor in the fund would retire and leave the work force. The fund will gradually shift its emphasis from more aggressive investments to more conservative ones based on its target date. A target date fund is not guaranteed at any time, including on or after the target date. 60 60

61. Important Information
GlidePath/Vangaard Target: The year in the target date fund name refers to the approximate year when an investor in the fund would retire and leave the work force. The fund will gradually shift its emphasis from more aggressive investments to more conservative investments based on the target date. The equity allocation of the Vanguard Target Retirement Funds is relatively more conservative closer to and at retirement while the retirement strategy of the Mutual GlidePath funds translates into an equity allocation that is somewhat more aggressive in order to protect against longevity risk. Vanguard's glide path converts to the Vanguard Target Retirement Income Fund, with a static asset allocation, following the seventh year of reaching the named target date. The Mutual GlidePath funds' underlying investment allocations continue adjusting along the glide path for approximately twenty years beyond the named target date. The return of principal for the underlying funds in a target date fund is not guaranteed at any time, including on or after the target date. Although the target date funds are managed for investors on a projected retirement date time frame, the fund's allocation strategy does not guarantee that investors' retirement goals will be met and a target date fund should not be invested in based solely on age or retirement date. Unit price, principal value and return will vary and an investor may have a gain or loss when units are sold.
Roth contributions are not available to be withdrawn as a loan, even if your plan permits plan loans.
Prior to selecting investment options for your retirement account, you should consider the investment objectives, risks, fees and expenses of each option carefully. For this and other important information, you should review your enrollment materials or the participant website. Read this information carefully. 61 61