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Designed to help individuals plan for their future healthcare expenses as part of a holistic retirement planning experience, Empower HSA provides employees: • Access to market-leading health savings account (HSA) services that include a claims integration and payment platform as well as a receipt vault and debit card issuance • A seamless savings optimization experience incorporating workplace retirement plans and HSAs • Concierge service designed to provide savings rate recommendations to help employees decide when to allocate to an HSA and to retirement plan accounts. 1 Simple to administer Empower HSA is simple to manage and allows employers a way to help their employees plan for their future with: • Streamlined administration through integrated tools and services • A seamless, end-to-end participant experience that incorporates enrollment, retirement plan management, financial wellness programs and HSA management Single-point-of-administration file submissions Participant engagement to drive cost-effective decisions and higher HSA and retirement plan balances Empower HSA Making the health and wealth connection — now and in retirement Fast facts Why now is a good time to offer Empower HSA: A healthy 65-year-old male retiree may require $144,000 to cover healthcare expenses throughout retirement. For a 56-year-old female, the estimated cost is $156,000. 1 40% of workers age 50 or older are not currently saving for healthcare costs in retirement. 2 1 Source: An Apple a Day: The Impact of Health Conditions on the Required Saving for Healthcare, February 2016. 2 Source: AARP: Planning for health care costs in retirement: A 2014 survey of 50+ workers, September 2014. Empower Retirement has partnered with health services industry leader Optum ® to deliver an integrated, end-to-end health and wealth solution — Empower HSA. About Optum Optum is a leading provider of health savings account (HSA) services and uses information- and technology-enabled health services to help make the health system work better for everyone.

ERMKT FLY 3505 HSA - Empower Retirement · Designed to help individuals plan for their future healthcare expenses as part of a holistic retirement planning experience, Empower HSA

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  • Designed to help individuals plan for their future healthcare expenses as part of a holistic retirement planning experience, Empower HSA provides employees:

    Access to market-leading health savings account (HSA) services that include a claims integration and payment platform as well as a receipt vault and debit card issuance

    A seamless savings optimization experience incorporating workplace retirement plans and HSAs

    Concierge service designed to provide savings rate recommendations to help employees decide when to allocate to an HSA and to retirement plan accounts.1

    Simple to administer Empower HSA is simple to manage and allows employers a way to help their employees plan for their future with:

    Streamlined administration through integrated tools and services

    A seamless, end-to-end participant experience that incorporates enrollment, retirement plan management, financial wellness programs and HSA management

    Single-point-of-administration file submissions

    Participant engagement to drive cost-effective decisions and higher HSA and retirement plan balances

    Empower HSA Making the health and wealth connection now and in retirement

    Fast factsWhy now is a good time to offer Empower HSA:

    A healthy 65-year-old male retiree may require $144,000 to cover healthcare expenses throughout retirement. For a 56-year-old female, the estimated cost is $156,000.1

    40% of workers age 50 or older are not currently saving for healthcare costs in retirement.2

    1 Source: An Apple a Day: The Impact of Health Conditions on the Required Saving for Healthcare, February 2016.

    2 Source: AARP: Planning for health care costs in retirement: A 2014 survey of 50+ workers, September 2014.

    Empower Retirement has partnered with health services

    industry leader Optum to deliver an integrated, end-to-end

    health and wealth solution Empower HSA.

    About OptumOptum is a leading provider of health savings account (HSA) services and uses information- and technology-enabled health services to help make the health system work better for everyone.

  • empower-retirement.com

    An integrated experienceOnce Empower HSA is implemented, it becomes fully integrated into the powerful Empower participant experience. As individuals begin to better understand their potential retirement healthcare expenses, they can make informed savings decisions to help them meet their expected costs.

    Additional supportTo further support you and help ensure a successful rollout, were expanding and enhancing the information offered through Empowers Me & My Money financial wellness program. New educational content about HSAs as retirement savings vehicles will be added to the Me & My Money site for easy access to what people need to know to help make HSA-related decisions based on their individual financial situation and objectives.

    For more informationTo learn more about this exciting opportunity and how we can grow our partnership to help people achieve the retirement they deserve based on their individual financial situation, goals and objectives, contact your Empower representative today. Ask how Empower HSA can help support positive retirement outcomes for your participants.

    Call your Empower representative or call 877-630-4015.

    HSA balance included in account list

    HSA investable balance included in income projection and Lifetime Income ScoreSM

    Clicking on account transitions directly to HSA account

    Projected HSA balance is incorporated into income projection and made relevant to healthcare costs in retirement

    HSA integrated into contribution slider, allowing the ability to conveniently change deferrals throughout the year

    Best Next Step presents option to change HSA allocation

    FOR ILLUSTRATIVE PURPOSES ONLY.

    1 Pending further DOL clarification and subject to DOL final applicability date.Core securities, when offered, are offered through GWFS Equities, Inc. and/or other broker-dealers. GWFS Equities, Inc., Member FINRA/SIPC, is a wholly owned subsidiary of Great-West Life & Annuity Insurance Company (GWL&A). Empower Retirement refers to the products and services offered in the retirement markets by GWL&A, Corporate Headquarters: Greenwood Village, CO; Great-West Life & Annuity Insurance Company of New York, Home Office: NY, NY; and their subsidiaries and affiliates. The trademarks, logos, service marks and design elements used are owned by their respective owners and are used by permission.IMPORTANT: The projections, or other information generated by the Empower participant experience regarding the likelihood of various investment outcomes, are hypothetical in nature. They do not reflect actual investment results and are not guarantees of future results. The results may vary with each use and over time. Healthcare costs and projections are provided by HealthView Services. Empower Retirement does not provide healthcare advice. Empower Retirement does not believe that HIPAA applies to the data obtained from plan participants using this new tool. It is important to note that the results from this tool are estimates based on what you input today. Results are not a guarantee of actual outcomes and will change as your inputs change. HealthView Services is not affiliated with GWFS Equities, Inc. NOTICE: The Empower Retirement Participant and/or Plan Sponsor Experiences contains representations of products and services in development and not currently available. As such, the representations made here are subject to future regulatory review and revisions without notice.By electing Empower HSA, plan participants are contracting directly with OptumHealth Financial Services, Inc., and its affiliates (Optum) for this service. GWL&A, or its subsidiaries or affiliates, is not responsible for the services offered by Optum. GWL&A, including its broker-dealer subsidiary GWFS Equities, Inc., is not affiliated with Optum.Not all features are currently available. Some features are under consideration and/or in development. Presented for discussion purposes, non-binding and subject to change without notice. Health savings accounts (HSAs) are individual accounts offered or administered by Optum Bank, Member FDIC, and are subject to eligibility requirements and restrictions on deposits and withdrawals to avoid IRS penalties. State taxes may apply. Fees may reduce earnings on account. The content of this communication is not intended as legal, investment or tax advice. Optum Bank is not a broker-dealer or registered investment advisor, and does not provide investment advice or research concerning securities, make recommendations concerning securities or otherwise solicit securities transactions. Investments are self-directed and HSA owners should read the prospectus carefully and consider their individual financial situation, goals and objectives along with the funds investment objectives, risks, charges, expenses, and fees before investing. 2017 Great-West Life & Annuity Insurance Company. All rights reserved. AM123415-0317Unless otherwise noted: Not a Deposit | Not FDIC Insured | Not Bank Guaranteed | Funds May Lose Value | Not Insured by Any Federal Government Agency