RETIREMENT PLAN CHANGES SEMINAR - Fidelity Investments

RETIREMENT PLAN CHANGES SEMINAR

Boston Children's Hospital

June 2015

LEGAL DISCLAIMERS

Individual investors have particular needs in planning for retirement. No single solution fits every investor.

This presentation is intended as a visual component to a broad educational program presented by CAPTRUST Financial Advisors. This presentation is not individual investment advice. If you have questions or concerns regarding your own individual retirement needs, please contact a CAPTRUST representative for further assistance.

CAPTRUST does not render legal, accounting, or tax advice. This material has been prepared solely for informational purposes and is not a solicitation or an offer to buy any security or instrument or to participate in any trading strategy. Any performance data quoted represents past performance. Investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Past performance is no guarantee of future results.

Your individual needs and goals are just as unique as you are.

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HOW WE WORK TOGETHER FOR YOU

Plan Sponsor

Boston Children's Hospital

Boston Children's Hospital, CAPTRUST and Fidelity work together on all aspects of your retirement plan to ensure a sound beneficial plan offering for YOU.

Investment Advisor

CAPTRUST

Plan Recordkeeper

Fidelity

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ENHANCEMENTS

? Consolidated fund line-ups within each plan ? Optional post-tax Roth employee contributions ? Optional self-directed brokerage accounts

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WHY ARE WE MAKING CHANGES

? Simplify choice for participants and better meet the needs of all types of investors

? Offer a well diversified "best in class" fund lineup ? Lower cost plan administration ? Continue to enhance and provide efficient investment and

plan oversight

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CONSOLIDATION

Investment platforms staying the same: Boston Children's Hospital Plans will continue to be offered through Fidelity

Tier I

Target Date

Tier II

Core Investment Options (Active)

Tier III

Core Investment Options (Passive)

Tier IV Self-Directed Brokerage

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ADVANTAGES OF A CONSOLIDATED FUND LINEUP

? Provide choice and solutions for investors with different levels of engagement

? Leverage the plan assets to reduce investment costs charged to individual participants

? Provide a diversified core menu including active and passive options and Target Date funds that are selected and monitored on a regular basis

? Access to a self-directed brokerage account designed for more experienced investors

? Roth retirement savings option

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TRADITIONAL VS. ROTH

TRADITIONAL SAVINGS (Pre-Tax)

? Tax Deferred Savings ? Taxes are paid when money is withdrawn

? Paycheck impact is typically lower due to tax savings

? Beneficiaries will be taxed at distribution

? There are no requirements to have money invested for any specified period

? Participant's access to accounts will be limited until age 59 ?, normal retirement or death or disability

ROTH SAVINGS (Post-Tax)

? Contributions are taxed at current rates

? Investments grow tax free

? Paycheck impact will be slightly higher as taxes are deducted at time of contribution

? Beneficiaries will not be taxed at distribution if they meet time guidelines

? Accounts must be held for 5 years from the initial contribution

? Participant's access to accounts will be limited until age 59 ?, normal retirement or death or disability

Summary Same payroll deduction convenience Same contribution limits Same investment options Different tax consequences

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*Deciding to save for retirement is step one. Your personal tax situation will help you determine what "type" of contribution is best for you.

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