8/12/2019 Lending Club Retirement Guide

1/8

RetirementOptions: guide to IndividualRetirement

Accounts throughLending Club

This material is provided for informational purposes only. Information in this brochure is not directed to thespeci c nancial situation or investment needs of any particular person and should not be regarded astax, investment or nancial planning advice. We recommend you consult with your nancial and/or tax

advisor prior to investing or selecting any type of investment account, or if you have any speci c questionsregarding the material provided herein. Lending Club notes are offered by prospectus led with the SEC.You should review the risks and uncertainties described in the prospectus prior to investing.

8/12/2019 Lending Club Retirement Guide

2/8

2

Roth or Traditional IRA?IRAs are personal savings plansdesigned to provide tax advantages forpeople who set aside money forretirement.

Traditional IRA With a TraditionalIRA, qualifying contributions andearnings on those contributions aretax-deferred until withdrawn. Earlywithdrawals can lead to substantialpenalties. A Traditional IRA can also befunded for a non-wage earning spouse.

Roth IRA Contributions to Roth IRAsare not tax-deductible, but all earningsand subsequent quali ed distributions

are tax-free. Traditional IRAs, SIMPLEIRAs and SEPs can generally beconverted to Roth IRAs by payingincome taxes on the IRA distributionbefore rolling over to a Roth IRA.

Traditional and Roth IRAs

For 2012-2013, those under age 50may contribute up to $5,500 annually(or 100% of compensation,whichever is less). Individuals age

50+ may contribute up to $6,500.1

Individual

Retirement AccountsLending Club has partnered with SDIRA Services, a subsidiary ofHorizon Bank, to offer both Traditional and Roth Individual Retirement

Accounts (IRAs). Traditional IRAs can help reduce your taxes in the yearyou make a contribution and enable your investment to grow tax-deferreduntil you begin taking withdrawals.

Example: Taxes on an Adjusted Gross Income of $100,000

Note: Assumes a blended federal and state tax rate of 28%.

With a Roth IRA, contributions are not tax-deductible, but all earningsand subsequent quali ed distributions are tax-free . Your investmentsgrow unburdened by annual taxation and there is no requirement tobegin regular withdrawals at age 70 1/2. As with Traditional IRAs, theremay be penalties for withdrawals prior to age 59 1/2 .

Please see the IRSs Publication #590, Individual Retirement Arrangements, and consult your tax advisor for more information.

Quick Comparison

Traditional IRAs can help reduce your taxes in the year you make acontribution...

1. Please refer to IRS Publication 590, Individual Retirement Arrangements, for additional information.

Material provided for informational purposes only. This information should not be regarded as tax, investment or financial planning advice. Please consult wi th you r f ina ncial and/or t ax advisor p rior to i nvest ing or choosing an acc ount.

With a Roth IRA ... all earnings and

subsequent quali ed distributions are tax-free...

IRA

Traditional

Roth

ContributionsTaxed Growth

DistributionsTaxed

Tax Deferred

8/12/2019 Lending Club Retirement Guide

3/8

3

Get started saving for your futuretoday through Lending Club.

8/12/2019 Lending Club Retirement Guide

4/8

4

How can I fund my IRA account?There are two basic ways you can fund an IRA account with Lending Club. If you currently have retirementsavings in either a 401(k) or IRA, you may be able to allocate funds from your current account to a Lending Clubaccount. Alternatively, you could fund a self-directed IRA account with Lending Club directly with an eligibleannual contribution.If you currently have a 401(k) or IRA with another nancial institution:

401(k) Rolloversif you have a retirement plan with a previous employer, you can roll over those funds to a newor existing Lending Club IRA. Our preferred IRA custodian - SDIRA - offers a fast and easy rollover service. IRA Transfersyou can transfer funds from another IRA to fund your investment through Lending Club. 2

If you do not currently have a 401(k) or IRA with another nancial institution: Annual Contributionyou can contribute up to $5,500 per tax year (or $6,500 if you are age 50 or older) to an IRA. 3

Enjoy the taxadvantages of a self-directed No-Fee 1 Traditional or Roth IRAthat allows you toinvest in Lending ClubNotes. A single$100,000 investmentcan grow to more than$1.5 million dollarsover 30 years.*

$1,600,000.00

$1,200,000.00

$800,000.00

$400,000.00

$100,000 Investment Growth Over 30 Years*

0 10 20 30

Taxed Investment Tax Advantaged Growth

IRAs Can Provide Tax Advantaged Growth

1. Lending Clubs preferred IRA custodian is SDIRA Services, a subsidiary of Horizon Bank. To qualify for a No-Fee IRA through SDIRA Services you muhave an initial minimum balance of $5,000 or more in Lending Club Notes and maintain this minimum invested balance for the first 12 months. Tocontinue to qualify for the No-Fee IRA after the first year, you must maintain an invested balance of $10,000 or more in Lending Club Notes. All accountbalances are determined as of the last business day immediately prior to the anniversary date of the opening of your account. An annual fee of $100applies to accounts that dont meet these requirements. Lending Club reserves the right to modify or discontinue this offer at any time. See the SDIRAServices IRA Fee Schedule for a description of the Basic IRA asset type limitations on your Lending Club self-directed IRA Account.

2. Limitations and/or fees may apply. Please contact your current IRA custodian for more information.

3. Please refer to IRS Publication 590, Individual Retirement Arrangements, for additional information.

Material provided for informational purposes only. This information should not be regarded as tax, investment or nancial planning advice. Please consult with your nancial and/or tax adv isor prior to investing or ch oosin g an accou nt.

*Assumes Traditional IRA with monthly reinvestment of capital, a nominal investment rate of9.5% per year on investments and a tax rate of 28% on returns.

8/12/2019 Lending Club Retirement Guide

5/8

8/12/2019 Lending Club Retirement Guide

6/8

6

With a self-directed IRAthrough Lending Club youcan invest in:

Lending Club Prime Consumer Notes

Stocks and ETFs

Mutual FundsBonds

Brokerage Accounts

CDsCerti cates of Deposit

Precious Metals and Commodities

Public REITs, LPs, and LLCs

ADDITIONAL FEE2 INVESTMENTS

Real Estate

Trust Deeds/Mortgages

Private LPs & LLCs

Promissory Notes

Corporate Debt Offerings

Potential Bene ts ofa Self-Directed IRA Through our partnership with SDIRA Services, Lending Cluboffers a exible type of retirement account: a self-directed IRA. 1 Standard or non-self-directed retirement accounts often limit thetypes of assets the account can hold. For example, standardIRAs offered by nancial institutions that also offer mutual fundsoften prohibit purchases of mutual funds offered by other

nancial institutions. In addition, standard IRAs often limit

investments to publicly offered assets; asset classes such as realestate or private placements are usually prohibited.

With a self-directed IRA through Lending Club, you have thefreedom to invest in a variety of asset classes. For example,funds in a Lending Club self-directed IRA can be used to investin stocks, bonds, CDs, mutual funds, ETFs, precious metals, realestate and even private offerings. 2

With a self-directed IRA... you have the freedom to invest in a variety of asset classes.

1. For more information, please refer to the SDIRA Services IRA Resource Center at http://www.sdiraservices.com/ira-resource-center/what-is-a-self-directed-ira/.

2. SDIRA Services may charge an additional fee to all accounts that maintain these types of investments. The information given here is current as of March 12,2012. Please refer to the SDIRA Services IRA Fee Schedule at http://www.sdiraservices.com/ les/forms/IRA_Fee_Schedule_-_eff_01.01.2012_-_SECURED.pdf for more information.

Material provided for informational purposes only. This information should not be regarded as tax, investment or nancial planning advice. Pleaseconsult with your nancial and/or tax advisor prior to investing or choosing an account.

8/12/2019 Lending Club Retirement Guide

7/8

7

Costs & Fees of aLending Club IRA Through our partnership with SDIRA Services, Lending Club offers aNo-Fee IRA 2; not all nancial institutions offer a no cost solution. Depending on the type of account, you could pay signi cantadministrative fees to have an IRA initially set up. In addition, some

nancial institutions charge an annual Safekeeping Fee of roughly$25 for each asset held in your IRA, which can reduce the returns

your IRA is producing.

Fortunately, there are some No-Fee IRA alternatives - including thoseoffered by Lending Club in partnership with SDIRA Services - that donot charge these fees. 2 However, many of these No-Fee alternatives areStandard IRAs, which are limited in terms of the investments you canhold in your account. Through our partnership with SDIRA Services,Lending Club offers a No-Fee, self-directed IRA - which combines thebest of both worlds.

Small Business and SelfEmployed Accounts 1

Lending Club also supports tworetirement options for individualswho are self-employed or whoown a business with fewer than100 employees.

SEP Simpli ed Employee PensionPlans allow employersto take a tax deduction whenthey contribute to the retirementaccounts of their employees.SEP-IRAs can be set up for any sizeof business, including self-employedinvestors.

SIMPLE A Savings IncentiveMatch Plan for Employees allowsemployers and their employeesto make pre-tax contributions(similar to a Traditional IRA) into anemployees retirement account.These are limited to companieswith less than 100 employees.

Through our partnership withSDIRA Services, Lending Club offers

a No-Fee, self-directed IRA - whichcombines the best of both worlds

1. A full statement regarding IRS regulations on small business and self employed accounts is in IRS Publication 560 at http://www.irs.gov/publications/p560/index.html.Lending Clubs preferred IRA custodian is SDIRA Services, a subsidiary of Horizon Bank

2. To qualify for a No-Fee IRA through SDIRA Services you must have an initial minimum balance of $5,000 or more in Lending Club Notes and maintain thisminimum invested balance for the rst 12 months. To continue to qualify for the No-Fee IRA after the rst year, you must maintain an invested balance of $10,000or more in Lending Club Notes. All account balances are determined as of the last business day immediately prior to the anniversary date of the opening of youraccount. An annual fee of $100 applies to accounts that dont meet these requirements. Lending Club reserves the right to modify or discontinue this offer atany time. See the SDIRA Services IRA Fee Schedule for a description of the Basic IRA asset type limitations on your Lending Club self-directed IRA Account andmore information regarding the fees that may apply to your account.

Material provided for informational purposes only. This information should not be regarded as tax, investment or nancial planning advice. Please consult with your nancia l and/or tax advisor pr ior to investing or choosing an account.

8/12/2019 Lending Club Retirement Guide

8/8

8

CallGET HELP by sending an email to retire@lendingclub.com or by callingtoll free anytime between 9-5 PT, M-F.

888.381.9309OR

ClickDO IT YOURSELF AND START ONLINE you can save your progress, so get started today athttps://www.lendingclub.com/sdIRA/registerSDIRA.action

FUND ACCOUNT by making an annual contribution, transfer from a current IRAcustodian account, or by rolling over an old 401(k).

Gather Needed Information Your Drivers License Number Your Social Security Number

Your current custodian account information (if applicable)

Social Security Numbers of your Bene ciaries

Its Easy to Open a

Lending Club No-Fee 1 IRA

Questions?Were here to help

Contact us

888.381.9309

Toll free Monday-Fridayfrom 9-5 PT

email us anytime retire@lendingclub.com.

A fu ll st atement regardingIRS regulations are available

at the IRS website, www.irs. gov, and in IRS Publica tion590 at:http://www.irs.gov/pub/irs-pdf/

p590.pdf.

1. To qualify for a No-Fee IRA through SDIRA Services you must have an initial minimum balance of $5,000 or more in Lending Club Notes andmaintain this minimum invested balance for t he first 12 months. To continue to qualify for the No-Fee IRA af ter the first year, you must maintain aninvested balance of $10,000 or more in Lending Club Notes. All account balances are determined as of the last business day immediately prior tothe anniversar y date of the opening of your account. An annual fee of $100 applies to accounts that dont meet t hese requirements. Lending Clubreserves the right to modif y or discontinue this offer at any time. See the SDIRA Ser vices IRA Fee Schedule for a description of the Basic IRA assettype limitations on your Lending Club self-directed IRA Account.

Material provided for informational purposes only. This information should not be regarded as tax, investment or financial planning advice. Pleaseconsult with your financial and/or tax advisor prior to investing or choosing an account.