Helping You Meet Your Income Needs In Retirement

1. Helping You Meet Your Income Needs In Retirement Presented by StanCorp Equities, Inc., member FINRA

2. Today’s Discussion • Features in your Retirement Plan • Your Savings your Life • Your Account Management Options • Your Action Plan Enroll Today! | www.standard.com/retirement | 800.858.5420

3. Features In Your Retirement Plan

4. Plan Participation • Eligibility • All eligible except for those working less than 20 hrs/ week • New hire entry dates • Immediate • Deferral Contributions • Pre-tax or ROTH contributions available • Maximum contributions • $18,000 in 2017 (additional $6,000 if age 50 or older) • Can change payroll period Enroll Today! | www.standard.com/retirement | 800.858.5420

5. Distributions • Age 65- normal retirement age (state and federal taxes apply) • Age 59½ -while still employed • Termination, death or disability • Hardships as defined by the plan Enroll Today! | www.standard.com/retirement | 800.858.5420

6. Your Savings, Your Life

7. Social Security? Will it be there when you retire? 1945 1960 2013 Ratio of covered workers to Social Security beneficiaries Covered workers ratio Social Security beneficiaries ratio 5.1to 1 2.8to 1 42to 1 Source: Social Security Administration, www.ssa.gov, History,Frequently Asked Questions, Ratio of Covered Workers to Beneficiaries Enroll Today! | www.standard.com/retirement | 800.858.5420

8. Acting Sooner Can Pay Off Saver 1 • Started age 45 • Contributed $300/month for 20 years ($72,000) • Retired age 65 with $176,706 This chart is hypothetical and for illustrative purposes only. It is not indicative of the performance of any specific investment. The chart assumes an 8 percent rate of return compounded monthly and a tax-deferred account for which taxes will be paid when the money is withdrawn. Investment return and principal values will fluctuate so your investment, when redeemed, may be worth more or less than its original cost. Past performance is no guarantee of future results. $290,100 $176,706 Saver 2 • Started age 25 • Contributed $100/month for 20 years ($24,000) • Retired age 65 with $290,100 Saver 2 Saver 1 Enroll Today! | www.standard.com/retirement 800.858.5420

9. How Much Is Enough? 75% of your annual income Enroll Today! | www.standard.com/retirement | 800.858.5420

10. What Does 4% Look Like? $1,224,564 If you start contributing $117 (4%) per month at age your account value at age 65* will be… 20 30 40 50 $665,114 $298,904 $124,882 $44,393 If you start saving at age 20 30 40 50 65 *Assumes $35,000 salary, 3% annual salary increases and 7% annual return. This is a hypothetical example for illustrative purposes only and is not representative of any specific investment. Investments are subject to market risk and fluctuate in value. Past performance is no guarantee of future results and individual results will vary. Enroll Today! | www.standard.com/retirement | 800.858.5420

11. Don’t Forget About The Saver’s Credit Enroll Today! | www.standard.com/retirement | 800.858.5420

12. Investing: The Nuts And Bolts

13. Risk And You Stocks Bonds Potential Return Cash Equivalents Potential Risk Enroll Today! | www.standard.com/retirement | 800.858.5420

14. A Snapshot in Time The index performances shown are for illustrative purposes only and are not indicative of the performance of any specific investment. Illustration assumes $1,000 invested in each category. S&P 500 Index: A market capitalization-weighted index of 500 widely held stocks. Stocks may experience greater fluctuations in value than bonds or cash equivalents. BarCap U.S. Aggregate Bond Index: Covers the U.S. investment grade fixed rate bond market, with index components for government and corporate securities, mortgage pass-through securities and asset-backed securities. Bonds are subject to certain risks including interest-rate risk, credit risk and inflation risk. Bonds may experience greater fluctuations in value than cash equivalents. 3-Month T-Bill Index: An index based on the results of auctions the U.S. Treasury holds for its Treasury bills, which are types of short-term government securities. U.S. Treasury securities such as bills, notes and bonds offer a high degree of safety, and they guarantee the timely payment of principal and interest if held to maturity. Consumer Price Index: An index that measures changes in the prices paid by urban consumers for a representative basket of goods and services. Past performance is no guarantee of future results. Investments are subject to market risk and fluctuate in value. An investment cannot be made directly in an index. Source: Morningstar Direct

15. Two Types of Investors Enroll Today! | www.standard.com/retirement | 800.858.5420

16. Risk Spectrum Less Investment Risk / More Inflation Risk More Investment Risk / Less Inflation Risk Enroll Today! | www.standard.com/retirement | 800.858.5420

17. Investor Profile Quiz: Discover your investing style After each question, circle the letter that best describes you. Then, add up the points and match the total with the pre-mixed portfolios. Please note that this profiling tool is only a guide. Enroll Today! | www.standard.com/retirement | 800.858.5420

18. Moderately Conservative Moderately Aggressive Conservative Moderate Aggressive Cash Equivalents 30% Bonds 50% Lg Cap Stocks 13% Sm/Mid Cap 4% Int’l Stocks 3% Cash Equivalents 20% Bonds 40% Lg Cap Stocks 26% Sm/Mid Cap 8% Int’l Stocks 6% Cash Equivalents 10% Bonds 30% Lg Cap Stocks 39% Sm/Mid Cap 12% Int’l Stocks 9% Cash Equivalents 0% Bonds 20% Lg Cap Stocks 52% Sm/Mid Cap 16% Int’l Stocks 12% Cash Equivalents 0% Bonds 0% Lg Cap Stocks 65% Sm/Mid Cap 20% Int’l Stocks 15% Guided Portfolios You should carefully consider the investment objectives, risks, charges and expenses of the investment options offered under the retirement plan before investing. International investing involves certain risks, such as currency fluctuations, economic instability and political developments. Small-company (small cap) investing involves specific risks not necessarily encountered in large-company investing, such as increased volatility. Funds that invest in bonds are subject to certain risks, including interest-rate risk, credit risk and inflation risk. As interest rates rise, the prices of bonds fall. Your plan may be funded by a mutual fund trust or a group annuity contract. Both are suitable for long-term investing, including saving for retirement. While annuities generally provide tax-deferred treatment of earnings, the group annuity contract does not provide any additional tax-deferred treatment beyond the treatment provided by your retirement plan. Enroll Today! | www.standard.com/retirement | 800.858.5420

19. Don’t Forget About This Tool This simplified example shows how Automatic Rebalancer works; choosing diversified investments can help reduce your risk. Past performance is no guarantee of future results. This example is hypothetical and for illustrative purposes only and is not indicative of the performance of any specific investment. Enroll Today! | www.standard.com/retirement | 800.858.5420

20. T. Rowe Price Target Date Funds Enroll Today! | www.standard.com/retirement | 800.858.5420

21. Online Tools • www.standard.com/retirement/education • Updated monthly Enroll Today! | www.standard.com/retirement | 800.858.5420

22. Retirement Readiness Score • Available on Personal Savings Center • Personalized • Interactive and easy to use • See your assumed retirement replacement income at a glance • Modeling scenarios to get you on track • Quick and actionable • Mobile-friendly Deficient Almost there On track The Retirement Readiness tool is meant to assist users with generalized, longer-term planning and is not intended to be investment advice. Actual results will vary and one’s future income may be more or less than the income projection shown.

23. Mobile Experience

24. Your Action Plan

25. Accessing Your Account Personal Savings Center www.standard.com/retirement Interactive phone system 800.858.5420 Enroll Today! | www.standard.com/retirement | 800.858.5420

26. Thank You Enroll Today! | www.standard.com/retirement | 800.858.5420

27. Employers and plan participants should carefully consider the investment objectives, risks, charges and expenses of the investment options offered under the retirement plan before investing. The prospectuses for the individual mutual funds and each available investment option in the group annuity contain this and other important information. Prospectuses may be obtained by calling 877.805.1127. Please read the prospectus carefully before investing. Investments are subject to market risk and fluctuate in value. The Standard is the marketing name for StanCorp Financial Group, Inc. and its subsidiaries. StanCorp Equities, Inc., member FINRA, wholesales a group annuity contract issued by Standard Insurance Company and a mutual fund trust platform for retirement plans. Third-party administrative services are provided by Standard Retirement Services, Inc. Investment advisory services are provided by StanCorp Investment Advisers, Inc., a registered investment advisor. StanCorp Equities, Inc., Standard Insurance Company, Standard Retirement Services, Inc. and StanCorp Investment Advisers, Inc. are subsidiaries of StanCorp Financial Group, Inc. and all are Oregon corporations. Enroll Today! | www.standard.com/retirement | 800.858.5420

28. Open Enrollment January 1, 2018

29. Agenda BB&T Contacts Enrollment Process Medical/Rx Medical/Rx Plan Cost Comparisons Health Savings Account Flexible Spending Accounts Dental Vision Life / Short Term Disability Voluntary Life / Long Term Disability Accident / Critical Illness

30. Your Contacts for Assistance BB&T Insurance Services, Inc. Phone: 800-753-4440 or 859-224-8899 Fax: 866-825-4626 Tish Harris, Account Manager Email: tish.harris@bbandt.com ; Direct Line: 859-422-3776 Christie LeNoue, Account Executive Email: clenoue@bbandt.com ; Direct Line: 859-422-3890 Dave Moughamian, Benefit Advisor Email: dmoughamian@bbandt.com ; Direct Line: 859-422-3787

31. Enrollment Process Enrollment is mandatory – everyone needs to make elections for newly offered benefits and updated beneficiary designations Open enrollment period 10/9/17 – 10/31/17 All packets contains enrollment materials; will also be an online enrollment option available Login instructions for Benetrac enrollment site included in packet; site will not be available for use until 10/19.

32. Deduction Changes All current Colonial and Allstate deductions will be discontinued effective 12/31/17 Since policies are individual policies issued to each employee, you will have option to keep policies by setting up direct payment option with carrier New group based options for accident and critical illness coverage will be offered

33. Medical / Rx Coverage Moving from Cigna to Anthem BC/BS HRA to be discontinued 12/31/17; new PPO plan with Anthem has lower deductible & out-of-pocket costs than current plan Anthem PPO option will cover both Lay Staff & Clergy Second plan option will be available to Lay Staff – a High Deductible Health Plan (HDHP) along with a Health Savings Account (HSA) that the Diocese will contribute money into on your behalf. $500 per year for Employee coverage and $1,000 for Employee + Dependent coverage

34. Medical / Rx Coverage

35. www.LiveHealthOnline.com Easier and less expensive than urgent care. What is LiveHealth Online? • LiveHealth Online is a convenient way for employees to interact with a doctor via live, two-way video on their computer or mobile device. • LiveHealth Online: • Is available anywhere you have an internet connection (at home, in the office or on the go) • Is available 24 hours a day/7 days a week/365 days a year • Provides access to in-network, U.S. board-certified doctors • Offers help at the same price as (or less than) a regular doctor visit • Doctors can ePrescribe to local pharmacies (where allowed by law) • Takes member payments via Visa, MasterCard and Discover • Is secure, convenient and easy-to-use LiveHealth Online is the trade name of Health Management Corporation, a separate company providing telehealth services on behalf of Anthem Blue Cross and Blue Shield.

36. Prescription Drugs • To see what tier your drugs are on and if any prior authorization or step therapy is required, go to www.Anthem.com and on menu select Search Medications, and then the Essential Drug List 3-Tier • If your drugs require PA or ST, or if they are Non-Formulary (NF), contact your doctor about possible alternatives. If prior authorization or approval of a NF drug is needed, your doctor won’t be able to start that process until you are enrolled in Anthem’s system. If you are eligible for a refill at end of December, refill your Rx with Cigna so that there is time in January for Anthem to review information submitted by doctor.

37. Medical / Rx Employee Contributions For Full-Time Employees & Part-Time Employees Working 30+ Hours Part-Time Employees Working 20-29 Hours – Please refer to rate sheet in packets

38. Example – Low Utilization (Single Coverage)

39. Example – Moderate Utilization 1(Single Coverage)

40. Example – Moderate Utilization 2(Single Coverage)

41. Example – High Utilization (Single Coverage)

42. Example – Low Utilization (Family Coverage)

43. Example – High Utilization (Family Coverage)

44. What is a Health Savings Account? An HSA is a tax-advantaged, interest-bearing account Contributions are made pre-tax and funds earn tax-free interest Owned by YOU The account belongs to you, so only you decide how to spend it It remains yours even if you leave your employer or retire Money left in your account carries over from year to year Only actual amount deposited is available for reimbursement Used to help pay for both current and/or future health care expenses You can withdraw money tax-free for qualified health expenses and you can use it for other expenses (subject to taxes and penalties) Or you can watch your money grow to pay for future expenses

45. Who is eligible for a Health Savings Account? To be eligible to open and contribute to an HSA you must: Be covered by a High-Deductible Health Plan (HDHP) that meets IRS requirements Not be covered by other non-HDHP health insurance Not be claimed as a dependent on someone else’s tax return.

46. How Can I Use My HSA Funds? HSA funds can be used for both qualified and non-qualified expenses Funds you withdraw for qualified expenses are tax-free when used to pay for eligible health care expenses for you and your dependents defined by IRS Code Sec.213(d) such as: Deductibles & Coinsurance Prescription drugs Dental Expenses Vision Care Expenses (including Lasik & contact lens solution) A list of these expenses is available on the IRS Web site, www.irs.gov in IRS Publication 502, “Medical and Dental Expenses,” or can be ordered directly from the IRS at 1-800-TAX-FORM ***Funds you withdraw for non-qualified expenses are included in income and subject to income taxes plus an additional 20% penalty 20% additional penalty applies except when taken after: 1. You become eligible for Medicare (age 65) 2. You become disabled or die

47. Record Keeping • Who is responsible for keeping track of what the HSA funds are used for? • You are responsible! No Claims to file, just use your Benny card • You should keep a listing of ALL of the withdrawals that occur from your HSA and the qualified medical expenses they correspond to in case required to prove to the IRS the distributions were for qualified expenses. Proof could be in the form of: • Explanation of Benefits (EOB) from Medical, Dental or Vision carrier showing your cost after insurance • Receipt from pharmacy for prescription drug cost • Other provider billing showing your payment due amount You will be required to file a Form 8889 with your annual tax return. The HSA administrator will provide both you and the IRS with Form 1099 and Form 5498 – this information will be used to complete your Form 8889.

48. Health Savings Account Contributions • The IRS sets maximum annual contribution limits • If you elect the HDHP and are eligible for an HSA, the Diocese will make the following contributions into your HSA each pay period • To receive the contribution from the Diocese you must complete the HSA enrollment form. If you do not want to contribute any of your own money into the account, simply list your contribution as $0.

49. Flexible Spending Accounts Healthcare FSA – compatible with PPO plan Set aside money from your paycheck on pre-tax basis to pay for your health expenses after insurance, such as Deductibles, Copays & Coinsurance Prescription drugs Dental Expenses Vision Care Expenses (including Lasik & contact lens solution) A list of these expenses is available on the IRS Web site, www.irs.gov in IRS Publication 502, “Medical and Dental Expenses,” or can be ordered directly from the IRS at 1-800-TAX-FORM Annual maximum contribution $2,600 Full annual election available after first pay period contribution “Use It or Lose It” – any amount contributed must be used on health expenses incurred from 1/1/18 – 12/31/18. You have until 3/31/19 to file claims for 2018 service dates; any money left in account at that time is forfeited Use Benny card to pay expenses or file claim to Chard Snyder; substantiation may be required for Benny card charges. Failure to provide documentation will result in card being suspended

50. Flexible Spending Accounts, continued Limited FSA – compatible with HDHP plan Set aside money from your paycheck on pre-tax basis to pay for dental & vision expenses Same rules as regular FSA - maximum contribution $2,600, full annual election available at beginning of year, “Use It or Lose It” Why a Limited FSA since you can use HSA for dental & vision expenses? Help cash flow payment of large dental (including orthodontia) or vision expenses since full election available upfront If you are contributing annual maximum to HSA to build up account balance, Limited FSA allows you to put money aside for dental/vision expenses and without touching HSA savings. Dependent Care FSA Set aside money from your paycheck on pre-tax basis to pay dependent care expenses (daycare, after-school activities, summer day camp, elder care) Annual maximum contribution $5,000 ($2,500 if married but file taxes separately) Money available for reimbursement as deposited after payroll deduction “Use It or Lose It” – any amount contributed must be used on dependent care expenses incurred from 1/1/18 – 12/31/18. You have until 3/31/19 to file claims for 2018 service dates; any money left in account at that time is forfeited