Health Savings Account Month DD YYY Presentation to

Health Savings Account Month DD, YYY Presentation to: Speaker Name Speaker Title FCCS-RIA 880937. 4. 0 | 1. 9890258. 101 For investment professional use only. l © 2020 FMR LLC. All rights reserved.

Individuals Are Not Prepared for the Cost of Health Care in Retirement Healthcare will be one of the largest expenses individuals face in retirement and a plan that does not specifically account for medical expenses may have a gap. $285 K The average 65 -year-old couple retired in 2019 can expect to spend $285 K on healthcare during retirement 3 41% have considered postponing retirement to make sure they can cover their health care expenses 1 48% expect to spend <$100 K less than $100, 000 on healthcare in retirement 2 Fidelity Retirement & Healthcare Savings Assessment (RSA), November 2017. Fidelity Investments Retirement Savings Assessment Survey. 3 2019 Fidelity analysis performed by its Benefits Consulting Group. 2 For investment professional use only. 1 2 880937. 4. 0

A Health Savings Account (HSA) Can Help With Costs Positive trends for HSAs Overall Satisfaction Covering Future Expenses Growth Potential 80% of individuals reported 93% of HSAs with individual or 20% Growth overall satisfaction with their HSA and HSA eligible health plans 1 employer contributions in 2018 ended the year with a positive balance for future expenses 2 in HSA assets in 20193 HSA can be an effective long-term saving vehicle to help cover health care expenses in retirement. Online survey conducted among a demographically representative U. S. sample consisting of 5, 133 adults, 18 years of age and older. Employee Benefit Research Institute (EBRI) Issue Brief. December 2019. 3 Devenir Research 2019 Midyear Research Report. 3 For investment professional use only. 1 2 880937. 4. 0

A Closer Looks at the Health Savings Account (HSA) What is an HSA? A tax-advantaged medical savings account, paired with qualifying high-deductible health insurance plans, created under the Medicare Prescription Drug, Improvement and Modernization Act (12/08/03). Offers Triple Tax Advantage: 1. Pre-tax contributions 2. Tax-deferred earnings 3. Tax-free qualified withdrawals Withdrawals used both for qualified medical expenses (tax-free) and retirement income (tax -deferred after age 65) • Out of pocket expenses can be reimbursed from an HSA at the point of expense or deferred to a later date 4 For investment professional use only. 880937. 4. 0 Completely Portable • Account stays with participant after leaving an employer • Ability to consolidate multiple HSA accounts MAXIMUM CONTRIBUTION 2020 $3, 550 individual $7, 100 family No “Use-it or Lose-it”— balances continue to accumulate $1, 000 catch-up >55 years old ELIGIBILITY Must be covered by a High Deductible Health Plan (HDHP) Not enrolled in Medicare and not a dependent on another person’s tax return

The HSA Opportunity for You “In the ever-changing world of financial services, the ability to provide a variety of products and services to our clients is important to us. The Fidelity Clearing & Custody Solutions HSA experience has been positive. Advisors can easily set up accounts, and they’re finding value in having another option to help their clients save for the future 1. ” – Jay Jarvis, Senior Manager, AIC Products & Sales • Address clients’ #1 financial concern According to our research, paying for healthcare is the number-one concern among investors 2, and providing an HSA is an opportunity to help clients find peace of mind HSAs give advisors a significant opportunity to deliver value at the top of the Advice Value Stack. SM—helping clients take care of themselves and loved ones • Diversify 3 your product offering Expand your solution set to grow relationships, provide more value and improve client retention • Increase assets under management Turnkey HSA experience helps you easily set up new accounts and professionally manage them with ease to potentially grow AUM and revenue 1 The experience of the above customer may not be representative of the experiences of all customers and is not indicative of future success. Fidelity 2019 Millionaire Outlook Study. 3 Diversification does not ensure a profit or guarantee against a loss. 5 For investment professional use only. 2 Source: 880937. 4. 0

Introducing the Premiere Select HSA The only full-service health savings account for advisors, offering investable tax-advantaged savings with flexibility to manage increasing healthcare costs now and into retirement The Premiere Select HSA • The only custodial HSA offering in the brokerage industry is an open architecture brokerage account, covered under an FPTC* custodial agreement with access to cash management features • Developed to help individuals manage today's healthcare expenses and plan, save, invest for current and future healthcare needs Account Opening • Provides a “best in class” experience for advisors and end clients with proven tools backed by the power of Fidelity • Allows you to manage your clients’ HSAs directly in Wealthscape. SM and includes easy account opening Fund | Transfer of Assets Trade Report Maintain (Account Views) Cash Management Turnkey HSA Experience Full-service Health Savings Account solution designed to enable advisors to seamlessly manage health investments with operational oversight * Fidelity Personal Trust Company. 6 Fidelity investment professional use only. 880937. 4. 0

An Award-Winning Investment Solution Named by Morningstar 1 as the top HSA provider for both spenders and investors in 2019, the Fidelity HSA provides flexibility to manage today's qualified medical expenses The Investment Opportunity Help customers invest their Health Savings Funds to grow their balances: • Help Clients Build an Investment Strategy for Their HSAs Only 6% of HSA funds are invested 2, representing an opportunity for advisors to build an investment strategy for their clients to invest some or all of their HSA funds • Find the Right Investment Mix Choose from a variety of investment options, including 10, 000+ funds like the new Fidelity® Health Savings Index Fund & Fidelity® Health Savings Fund, which are the industry’s first funds designed specifically to help clients save for future eligible medical expenses “We’ve been telling our clients that ‘HSAs are the new 401(k)s. ’ The simple truth is that HSAs are the most effective vehicle to accumulate tax free wealth, save for retirement, and bridge the gap between budgeted and actual health care expenses in retirement. Fidelity’s HSA offering has provided us the ability to help our clients utilize this tax-favored vehicle. 3” – Brian Riefepeters, FSA, EA Calder Investment Advisors • Plan for Lifetime Needs Assist clients in expanding HSA funds to bridge Medicare and long-term expenses in retirement 1 Morningstar October 2019 Rankings of 11 Top HSA Providers. Editors evaluated HSAs that are currently available directly to individuals. Visit https: //www. morningstar. com/articles/947613/our-2019 -rankings-of-11 -top-hsa-providers for more information. 2 Employee Benefit Research Institute, May 23, 2019 Issue Brief. 3 The experience of this customer may not be representative of the experiences of all customers and is not indicative of future success. 7 For investment professional use only. 880937. 4. 0

Health Savings Account on Wealthscape The HSA is available as new registration type on Wealthscape. SM making it easy to manage and monitor your clients accounts using familiar functionality. Easily Initiate a Transfer of Assets Account Views to help you manage your client's portfolio View Visa Debit Card transaction information View and manage client Transaction History Screenshots are for illustrative purposes only. 8 For investment professional use only. 880937. 4. 0

Next Steps HSA Adoption Toolkit Click here for HSA resources for the Home Advisors and End Investors Contact your Relationship Manager and Service Team to learn more and get started 9 For investment professional use only. 880937. 4. 0

Important Information For investment professional use only. Not for distribution to the public as sales material in any form. Information provided in this document is for informational and educational purposes only. To the extent any investment information in this material is deemed to be a recommendation, it is not meant to be impartial investment advice or advice in a fiduciary capacity and is not intended to be used as a primary basis for your client’s investment decisions. Fidelity and its representatives may have a conflict of interest in the products or services mentioned in this material because they have a financial interest in them, and receive compensation, directly or indirectly, in connection with the management, distribution, and/or servicing of these products or services, including Fidelity funds, certain third-party funds and products, and certain investment services. The content provided in this presentation is general in nature and is for informational purposes only. This information is not individualized and is not intended to serve as the primary or sole basis for your decisions as there may be other factors you should consider. Fidelity Clearing & Custody Solutions® does not provide financial or investment advice of any kind. You should conduct your own due diligence and analysis based on your specific needs. The 2019 Fidelity Millionaire Outlook Study was conducted during the period August 6 through August 26, 2019. It surveyed a total of 2, 026 investors, including 1, 102 millionaires. The study was conducted via a 25 -minute online survey, with the sample provided by Brookmark, a third-party firm not affiliated with Fidelity. Respondents were screened for a minimum level of investable assets (excluding retirement assets and primary residence), age, and income levels. Third party marks are the property of their respective owners; all other marks are the property of FMR LLC. The third parties referenced herein are independent companies and are not affiliated with Fidelity Investments. Listing them does not suggest a recommendation or endorsement by Fidelity Investments. Before investing, consider the investment objectives, risks, charges and expenses of the fund or annuity and its investment options. Contact Fidelity for a free prospectus and, if available summary prospectus containing this information. Read it carefully. 10 For investment professional use only. 880937. 4. 0

Important Information (cont’d) No HSA fund is considered a complete health savings program and there is no guarantee any single fund will provide sufficient healthcare savings at or through retirement. Investment performance of the Fidelity target date products and asset allocation strategies depends on the performance of the underlying investment options and on the proportion of the assets invested in each underlying investment option. The performance of the underlying investment options depends, in turn, on their investments. In general the bond market is volatile and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities. ) Fixed income securities also carry inflation, credit, and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so holding them until maturity to avoid losses caused by price volatility is not possible. • Stock markets, especially foreign markets, are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, or economic developments. Fixed income investments entail interest rate risk (as interest rates rise, bond prices usually fall), the risk of issuer default, issuer credit risk, and inflation risk. Foreign securities are subject to interest rate, currency exchange rate, economic, and political risks. Changes in real estate values or economic downturns can have a significant negative effect on issuers in the real estate industry. Lower-quality bonds can be more volatile and have greater risk of default than higher-quality bonds. Value stocks can perform differently than other types of stocks and can continue to be undervalued by the market for long periods of time. • The fund can invest in securities that may have a leveraging effect (such as derivatives and forward-settling securities) that may increase market exposure, magnify investment risks, and cause losses to be realized more quickly. Floating-rate debt generally is subject to restrictions on resale and sometimes trades infrequently in the secondary market; as a result it may be more difficult to value, buy, or sell. Floating-rate debt may not be fully collateralized and therefore may decline significantly in value. Commodity-linked investments may be more volatile and less liquid than underlying instruments or measures. Their value may be affected by the performance of the overall commodities baskets as well as weather, disease, and regulatory developments. • The pre-tax customized benchmarks shown are composed of blends of indices that represent the broad market asset classes applicable to each model portfolio strategy. Customized benchmarks are not rebalanced on a regular basis to reflect the actual asset weightings of the portfolios in the model. The underlying funds in each model portfolio may not hold all of the component securities included in, or in the same proportion as represented in, its corresponding customized benchmark. Securities indices are unmanaged and are not subject to fees and expenses typically associated with managed accounts or investment funds. Benchmark returns assume the reinvestment of dividends and interest income. Investments cannot be made directly in a broad-based securities index. Fund and index performance may vary somewhat due to factors such as transaction costs, sample selection, and timing differences associated with index additions and deletions. Fidelity Institutional Asset Management® (FIAM®) provides registered investment products via Fidelity Distributors Company LLC. Personal and Workplace investment products are provided by Fidelity Brokerage Services LLC, Ïember NYSE, SIPC. Fidelity Clearing & Custody Solutions® provides clearing, custody, or other brokerage services through National Financial Services LLC or Fidelity Brokerage Services LLC, Members NYSE, SIPC. 200 Seaport Boulevard, Z 2 B 1, Boston, MA 02210. © 2020 FMR LLC. All rights reserved. FCCS-RIA 880937. 4. 0 | 1. 9890258. 101 11 For investment professional use only.