To all our clients,

We’d like to make you aware of several approaching year-end activities with potential tax implications for 2014, and the dates by which action must be taken in order for TD Ameritrade Institutional to meet the December 31 deadline.

• Deadline for Required Minimum Distributions (RMDs): Clients who are 70½ or older must take an RMD from their IRA and/or their QRP for the 2014 tax year. All RMDs must be withdrawn by December 31, 2014, with the exception of those clients who turned or will turn 70½ during this calendar year; these clients may defer their first distribution until April 1, 2015.

If you have already taken the required distribution for 2014, no other action is required. If not, TD Ameritrade Institutional must receive a completed distribution form no later than December 22, 2014. This is necessary to ensure that the December 31 deadline is met and the RMD is reported in tax year 2014. Distribution forms received after December 22 will be processed on a best-effort basis. Please contact us if you need additional information and instructions for taking an IRA or QRP distribution.

You can also establish a systematic payment to ensure the annual RMD is satisfied every year. To do so, complete the Systematic Required Minimum Distribution Form.

• Deadline for Roth IRA Conversions: Clients must submit a Roth Conversion Form in good order by December 22, 2014. Forms received after that date will be processed on a best-efforts basis.

• Deadline for Establishing a 2014 QRP: Qualified Retirement Plans for 2014 must be established by December 31, 2014.

• Deadline for Removal of Non-marketable Securities: To have non-marketable securities removed from your clients’ accounts by the end of the calendar year, please submit your request on or before December 24, 2014 at 4 p.m. ET. Requests submitted after that time will be processed on a best-efforts basis. Submit your requests by calling the Institutional Trade Desk at 800-400-6288, option 1.

Charitable Gift Deadlines:

• Monday, December 1 – Gift requests of mutual funds*
• Friday, December 19 – Gift requests between accounts custodied at TD Ameritrade
• Friday, December 19 – Gift requests of cash delivered via check and/or federal funds wire
• Monday, December 22 – Gift requests of stock delivered via the Depository Trust Company (DTC) system

If you have any questions about these activities, please contact us.

Sincerely,

The REAP Team