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BK: 2688 PG: 1493 A. Collect, sell, assign, hypothecate, borrow on, or pledge the Principal's interest in an annuity contract; B. Procure new, different, and additional contracts of annuities for the Principal and the Principal's spouse, children and other dependents and select the amount, type of annuity and mode of payment; C. Continue, modify, rescind, release, or terminate a contract procure by the Principal or on the Principal's behalf that provides an annuity to either the Principal or another person, whether or not he is a beneficiary under the contract. D. Pay proceeds or otherwise compromise or contest and apply for refunds in connection with a tax or assessment levied by a taxing authority with respect to a contract of insurance or annuity or its proceeds or liability accnung by reason of the tax or assessment. E. Change the beneficiary of an annuity contract, although the Agent may not be designated a beneficiary. The Agent may continue to be a beneficiary as long as he is akeady named as a beneficiary under a contract procured by the Principal while having legal capacity to do so. AUTHORITY OVER RETIREMENT ACCOUNTS 16. To establish one or more Individual Retirement Accounts (IR.As) and employee benefits plans (including a plan for aself-employed individual) on the Principal's behalf; to contribute to any IRA or plan held in the Principal's name; to roll over or direct transfers of plan . benefits into other retirement plans or IRA accounts at the same company or at another company; to manage the accounts; to withdraw from any account without limitation; to select or change payment options; to apply for and make any elections under any IRA or employee benefit plan in which the Principal is a participant, including elections required for payment of any and all types of employee benefits to which the Principal maybe entitled; to take possession of all such benefits; and to distribute such benefits to or for the Principal's benefit. The Agent shall not have the power to designate and change beneficiaries. AUTHORITY OVER ESTATE AND TAX PLANNING 17. To prepay or postpone property taxes, income taxes or other taxes. The Agent pay or postpone deductible expenses, sell or postpone the sale depreciated assets in order to preserve availability of tax losses, and otherwise manage the tax efficiency of the Principal's property and business transactions. The Agent may also borrow such sums as the Agent finds necessary for the proper management of the Principal's property, including but not limited to tax and estate planning matters, and to mortgage, convey by deed of trust, grant security interests th, DPOA of Allaa Marshall Edward Licht aka. A. Marshall Licht PAGE 6