Take Charge of your Retirement Five realities you need to consider Presenter: Date: © 2016 RiverSource Life Insurance Company. All rights reserved. Variable Annuities: Are not FDIC insuredMay lose valueAre not bank guaranteedAre not insured by any federal government agency The guarantees offered by RiverSource annuities are backed by the strength and soundness of RiverSource Life Insurance Co. of New York and are subject to its claims-paying ability. These guarantees do not apply to the investments in the annuity, which will vary with market conditions D (4/16) NY

Agenda Preparing for retirement Your goals: Secure your future income Live the retirement you envision © 2016 RiverSource Life Insurance Company. All rights reserved. 2

What are your goals? If you’re like others… 3 © 2016 RiverSource Life Insurance Company. All rights reserved. have not created a concrete retirement plan 1 of pre-retirees are not confident that Social Security will be able to sustain today’s benefits 1 63 % 84 % 87 % of annuity owners consider a guaranteed lifetime withdrawal benefit to be valuable 2 1 Employee Benefit Research Institute and Mathew Greenwald & Associates, Inc Retirement Confidence Survey. 2 The Gallup Organization and Mathew Greenwald & Associates, Survey of Owners of Individual Annuity Contracts, 2013.

Five realities you need to consider Unlike past generations, in today’s world, employer pension plans and Social Security are rarely enough. Are you concerned about: Outliving your money? Growing your income? Market volatility? How your emotions may influence your investing decisions? Making your retirement income last? How prepared are you for retirement? 4 © 2016 RiverSource Life Insurance Company. All rights reserved

Plan for a longer retirement. Outliving your money 5 © 2016 RiverSource Life Insurance Company. All rights reserved. Reality 1 How many years will you live in retirement?

Growing your income 6 © 2016 RiverSource Life Insurance Company. All rights reserved. Reality 2 Thirty years into your retirement, the impact of inflation alone can nearly triple your need for income. This example is shown for illustrative purposes only. Assumes an annual inflation rate of 3.5%. Actual inflation rates may be higher or lower. How will inflation impact your income needs?

Growing your income 7 © 2016 RiverSource Life Insurance Company. All rights reserved. Reality 2 Source: U.S. Bureau of Labor Statistics, Consumer Expenditure Survey, published, Assumes an annual inflation rate of 3.5% Annual expenses for Americans age 65 and older How will inflation impact your income needs?

Market volatility Don’t leave your retirement success up to timing. How will the market perform when it matters most? 8 © 2016 RiverSource Life Insurance Company. All rights reserved. Reality 3 Jim and Joe both: Retired at: 65 Had retirement portfolios of: $500,000 invested in: 50% equities and 50% bonds Took 6% annual withdrawals Increased withdrawals by 3.5% annually (to allow for inflation)

Market volatility Don’t leave your retirement success up to timing. How will the market perform when it matters most? 9 © 2016 RiverSource Life Insurance Company. All rights reserved. Reality 3 This example is for illustrative purposes only. It does not reflect taxes, which would reduce the figures shown here. Past performance is no guarantee of future results. There is no guarantee that investment objectives will be satisfied or that return expectations will be met. The numbers above assume the following for both portfolios: $500,000 initial investment prior to withdrawals invested 50% in the S&P 500 and 50% in the Barclays Capital U.S. Aggregate Bond Index (formerly Lehman Brothers Aggregate Bond Index); with income taken each year, adjusted for a fixed, hypothetical 3.5% inflation and hypothetical 2% investment fee. Note: The bond portion of the portfolio from 1973 through 1975 is represented by: 25% Citigroup Long-Term High Grade Corporate Bond Index and 25% U.S. Government Bond File since the Barclays Capital U.S. Aggregate Bond Index did not start until It is not possible to invest directly in an index. Standard & Poor’s 500 ® Index (S&P 500 ® ) is comprised of 500 stocks representing major U.S. industrial sectors. Performance figures are inclusive of dividends reinvested. S&P 500 is a registered service mark of The McGraw-Hill Companies, Inc. Barclays Capital U.S. Aggregate Bond Index is a market value-weighted index of investment-grade fixed-rate debt issues, including government, corporate, asset-backed and mortgage securities, with maturities of one year or more.

The cost of emotional investing Will the markets test your confidence? 10 © 2016 RiverSource Life Insurance Company. All rights reserved. Source: Standard and Poor’s. Returns are based on price index only and do not include dividends. For illustrative purposes only. Past performance is not indicative of future results. Data is as of 12/31/15. Standard & Poor’s 500 ® Index (S&P 500) consists of 500 stocks representing major U.S. industrial sectors. It is not possible to invest directly in an index. S&P 500 ® is a registered service mark of the McGraw-Hill Companies, Inc. Reality 4 You need to be ready for market downturns.

Making your income last How much can you safely spend? 11 © 2016 RiverSource Life Insurance Company. All rights reserved. This analysis was created using probability modeling to determine the likelihood that inflation-adjusted withdrawals can be sustained over 30 years. Probability modeling uses statistical samples of values for inflation and investment growth rates to run many different trials. The historical returns were from 1950 through 2014 for the hypothetical portfolio. The hypothetical portfolio is assumed to have a moderate allocation as follows: 10% cash, 40% bonds and 50% equities. The indices used were: Cash: U.S. 30-Day Treasury Bill; Bonds: % SBBI U.S. Intermediate-Term Government Total Return Index (source: Ibbotson Associates) and 50% U.S. Investment Grade Corporate (source: Ibbotson Associates), (then revert to market value weighting for each 1968 – 1975), 1976 – 2014 Barclay’s Capital U.S. Aggregate Bond Index; Equity: 1950 – June 2001 Center for Research in Security Prices (CRSP) NYSE/Amex/NASDAQ (Deciles 1-10) Total Return, July 2001 – 2014 CRSP US Total Market; Inflation: U.S. Department of Labor - U.S. Consumer Price Index - Not Seasonally Adjusted. Indices are unmanaged and do not incur management fees or other expenses. You cannot invest directly in an index. Past performance is no guarantee of future results. There is no guarantee that investment objectives will be satisfied or that return expectations will be met. The data assumes reinvestment of dividends and does not account for taxes. While there is no guarantee your annuity with a guaranteed lifetime withdrawal benefit will keep up with inflation, this feature may provide a better chance of addressing this key challenge. Reality 5 Even with a modest 4% withdrawal rate, there is a chance you could run out of money.

Retirement is not an end point, but a turning point 12 © 2016 RiverSource Life Insurance Company. All rights reserved. There are investment solutions designed to help you achieve these goals. They may also provide for a more confident retirement.

This solution can help you: Grow your money Take income in retirement Remain focused on long-term goals Pass on your wealth The solution begins with a RiverSource ® variable annuity Why consider a variable annuity? © 2016 RiverSource Life Insurance Company. All rights reserved. 13

Understanding the solution 14 © 2016 RiverSource Life Insurance Company. All rights reserved. How a variable annuity work Like other investments Your investment value will change with market performance You could lose money if the markets do not perform as you had hoped Unlike other investments Variable annuities are issued by insurance companies You have options to guarantee your retirement income, like using the SecureSource 4 NY SM or SecureSource 4 Plus NY SM benefit, which can be added for an additional fee You can protect your investment for your beneficiaries The guarantees offered by RiverSource annuities are backed by the strength and soundness of RiverSource Life Insurance Co. of New York, and are subject to its continued claims-paying ability. These guarantees do not apply to the investments in the annuity, which will vary with market conditions.

Understanding the solution 15 © 2016 RiverSource Life Insurance Company. All rights reserved. How you can benefit from a variable annuity While growing your money A long-term investment that: Allows you to invest in underlying stocks and bond funds Grows tax-deferred, so any gains are not taxed until they’re withdrawn 1 When taking income Ability to take withdrawals as needed and pay taxes at that time If you add one of our SecureSource NY benefits 2, you receive: A guaranteed income stream 3 Opportunities to increase your income over time 1 If your annuity is in a retirement plan that already offers tax deferral (such as an IRA), the annuity does not provide any additional tax deferral. Because of their tax deferred status, withdrawals made prior to age 59 1/2 may incur an IRS early withdrawal penalty. 2 Living benefits are not available with a RAVA 5 Access ® variable annuity. 3 A surrender charge may apply to withdrawals during the surrender charge period, but you will not be assessed any charges for withdrawing up to the maximum income available with the SecureSource 4 NY or SecureSource 4 Plus NY benefit.

Understanding the solution 16 © 2016 RiverSource Life Insurance Company. All rights reserved. How a variable annuity is structured Mortality and Expense (M&E) fees 1 help pay for the guarantees provided by the insurance company as well as other expenses RAVA 5 Advantage NY ® 7-year: 1.10%10-year: 0.95% RAVA 5 Select NY ® 1.35% RAVA 5 Access NY ®2 1.50% In some cases, there is also an annual contract charge. Fund expenses Investors also pay underlying fund expenses, used to pay for the costs of investment management 1 All RAVA 5 M&E fees drop to 0.95% in years Living benefits are not available with a RAVA 5 Access ® variable annuity. Variable annuities are insurance products that are complex, long-term investment vehicles that are subject to market risk, including the potential loss of principal invested.

Understanding the solution 17 © 2016 RiverSource Life Insurance Company. All rights reserved. How a variable annuity is structured Optional benefit fees 1 Charged on the greater of the contract anniversary value or the Benefit Base SecureSource 4 NY Single Life or Joint Life benefit fee:1.15% (The fee can increase but will never exceed 2.25%) SecureSource 4 Plus NY Single Life or Joint Life benefit fee:1.45% (The fee can increase but will never exceed 2.75%) To add the SecureSource 4 Plus NY benefit to your annuity, the covered person must be at least age 58 (for a joint life benefit, both spouses must be at least age 58). 1 Living benefits are not available with a RAVA 5 Access ® variable annuity.

Two key elements can help you create guaranteed income in retirement: A financially secure retirement doesn’t just happen To live the life you envision in retirement, you need a plan. 18 © 2016 RiverSource Life Insurance Company. All rights reserved. RiverSource variable annuities growth potential of the markets benefits of tax deferral a guaranteed death benefit for your beneficiaries 1 The SecureSource NY benefits a lifetime income guarantee backed by a strong and stable company with an impeccable history of honoring its guarantees 2 +

Your goal: Grow your future income 19 © 2016 RiverSource Life Insurance Company. All rights reserved.

Your goal: Grow your future income 20 © 2016 RiverSource Life Insurance Company. All rights reserved.

Even in down markets, you can grow your income Annual Credits can help increase your future income. 21 © 2016 RiverSource Life Insurance Company. All rights reserved. This graph is for illustrative purposes only. It does not represent the actual performance of any investment option nor does it guarantee that investment goals will be met. The graph assumes no withdrawals are taken and does not include fees and expenses.

Grow your income in up and down markets You benefit from locking in gains and Annual Credits – whichever is greater in any given year. 22 © 2016 RiverSource Life Insurance Company. All rights reserved. This graph is for illustrative purposes only. It does not represent the actual performance of any investment option nor does it guarantee that investment goals will be met. The graph assumes no withdrawals are taken and does not include fees and expenses. Higher Credit! Annual Credit is now based on the higher, locked-in amount

Restarting credits – © 2016 RiverSource Life Insurance Company. All rights reserved. 23 a compelling opportunity for growth 12-year credit period Anniversary When you lock-in a gain: A new 12-year credit period restarts Annual Credits are now based on the locked-in amount New 12-year credit period The benefit base cannot be withdrawn as a lump sum, used as a death benefit or annuitized. This hypothetical example is shown for illustrative purposes. Annual CreditsWithdrawalsLocked-in investment gains Credits are available for 12 years in any year there are no withdrawals …

Maximize your income Guaranteed income can help you meet your essential expenses throughout your retirement. 24 © 2016 RiverSource Life Insurance Company. All rights reserved. SecureSource 4 NY and SecureSource 4 Plus NY The Lifetime Payment Percentage will determine the amount of your annual income.

Your goal: How do you achieve it? Create your own reliable income from your investments How the SecureSource NY benefits can help They can provide you with guaranteed income for the rest of your life They can help you prepare for retirement realities, allowing you to: -Plan for a longer retirement -Help keep up with the rising cost of living -Protect your income during down markets -Help meet your income goals -Stay focused on your long-term investment opportunity Live the retirement you envisioned 25 © 2016 RiverSource Life Insurance Company. All rights reserved.

A lifetime of protected retirement income © 2016 RiverSource Life Insurance Company. All rights reserved. 26 The powerful features of the SecureSource NY benefits. Guaranteed lifetime income Opportunities to increase your income

Share a legacy with loved ones Protection for your spouse Give your spouse guaranteed income for life with the joint life benefit. Protection for your beneficiaries Guarantee that your beneficiaries will receive at least your principal and any locked-in gains. (Adjusted for any withdrawals.) © 2016 RiverSource Life Insurance Company. All rights reserved. 27

The company you choose matters Why RiverSource? We stand behind our promises 28 © 2016 RiverSource Life Insurance Company. All rights reserved. Strong record We have a long history of honoring commitments to clients Among the top variable annuity issuers in America 1 Remained strong – even during challenging financial times Strong ratings and rankings Comdex ranking of 95 (with 100 being the highest) among more than 200 insurance companies reviewed and rated for financial strength by at least two independent ratings agencies 2 Continuing to maintain our financial strength rating – not getting downgraded even during the recent volatile markets Strong resources Continuing to maintain a solid capital position, appropriate levels of liquidity, a well-positioned investment portfolio and effective risk management strengthandsoundness.com 1 Morningstar Annuity Research Center, Comdex, a product of EbixExchange, Feb. 2, The highest Comdex ranking on this date was 100, and the lowest was 1.

Take action today Schedule a complimentary retirement consultation to: Explore your unique retirement needs and dreams Learn more about RiverSource variable annuities and the SecureSource NY benefits Begin planning for the retirement you envision 29 © 2016 RiverSource Life Insurance Company. All rights reserved.

Thank you! © 2016 RiverSource Life Insurance Company. All rights reserved. 30 Neither RiverSource Life Insurance Company nor RiverSource Life Insurance Co. of New York can guarantee future financial results.

Disclosures You should consider the investment objectives, risks, charges and expenses of the variable annuity and its underlying investment options carefully before investing. For a free copy of the underlying investment's prospectus, which contains this and other information about variable annuities call Read the prospectus carefully before you invest. Surrender charge schedules: RAVA 5 Advantage (payment based): 7-year 7% 7% 7% 6% 5% 4% 2% 0%; 10-year 8% 8% 8% 7% 6% 5% 4% 3% 2% 1% 0%; RAVA 5 Select (contract based): 4-year 7% 6% 5% 4% 0%; RAVA 5 Access has no surrender charges. RiverSource RAVA 5 New York contract and numbers: RAVA 5 Select NY2; RAVA 5 Advantage NY2; and RAVA 5 Access NY2, SecureSource 4 NY rider numbers: SGNY, JTNY, SecureSource 4 Plus NY rider numbers: SGNY, JTNY. We may limit additional purchase payments for contracts with a SecureSource NY benefit. RiverSource Distributors, Inc. (Distributor), Member FINRA. Issued by RiverSource Life Insurance Co. of New York, Albany, NY. Affiliated with Ameriprise Financial Services, Inc. © RiverSource Life Insurance Company. All rights reserved D (4/16) 31 © 2016 RiverSource Life Insurance Company. All rights reserved.