Common use of Non- FDIC Insurance for Investments Clause in Contracts

Non- FDIC Insurance for Investments. Depositor recognizes that investments purchased and/or held within Depositor’s Account: 1) are not insured by the Federal Deposit Insurance Corporation (FDIC); 2) are not a deposit or other obligation of, or guaranteed by, the Custodian; and 3) are subject to substantial risk, may lack liquidity, and may result in a total loss of the investment. You acknowledge and confirm that all risk and loss sustained in your Retirement Account will not affect your retirement income standard; and if a mandatory distribution arises, that Depositor will meet any mandatory distribution requirements by utilizing Depositor’s Account and/or other retirement accounts.