Empower AutoSave ACH Authorization

Effective Date: March 6, 2023

If you opt into Empower AutoSave by creating AutoSave Rules in the App, you authorize Empower to electronically debit and credit your External Bank Account via ACH, and, if ever applicable, to correct erroneous debits and credits via ACH as follows:

• Range of Acceptable Debit Amounts: up to $1,000 per Business Day (defined below)
• Frequency of Debits: multiple times per Business Day (however, debits and credits may not necessarily occur every Business Day)

The total amount of debits to your External Bank Account will correspond to the AutoSave Rules that you set, including rules on the desired amount of savings during a selected time period. To reduce the risk of overdrafts, we will not initiate a debit on your External Bank Account when the account balance is below $35. We are not liable for any overdrafts, so if you expect your External Bank Account cannot accommodate your AutoSave Rules, then you should change your AutoSave Rules or terminate Empower AutoSave.

Due to the nature of the service, you acknowledge that the amount and frequency of these preauthorized electronic debits and credits may vary.

You may stop payment of these preauthorized electronic debits from your External Bank Account by contacting us in-App or emailing us at support@empower.me at least 3 Business Days before the scheduled date of the debit. If you stop these preauthorized electronic debits, we will no longer provide you Empower AutoSave. If we do not receive notice at least 3 Business Days before the scheduled debit date, we may attempt, in our sole discretion, to cancel the debit transaction. However, we assume no responsibility for our failure to do so. Please note that revoking this authorization will not apply to electronic debits performed before revocation becomes effective.

For purposes ofthis authorization, "Business Day" means Monday through Friday, excluding federal banking holidays.