IRA Opportunities in the

Pension Protection Act

Penalty-Free Distributions for Military and Public Service Personnel

OPPORTUNITY: Reservists may withdraw funds from retirement accounts without incurring the normal 10% early-distribution penalty.

Members of the Reserves called to active duty for more than 179 days between September 11, 2001, and December 31, 2007, may take a penalty-free early distribution from an IRA, 401(k), or other retirement account. Amounts withdrawn can subsequently be re-contributed up to two years after the end of active duty (re-contributions are not subject to normal annual contribution limits).

Seligman TargETFunds: simple solutions for IRA investors

NOTES

This outline summarizes some important provisions related to Individual Retirement Arrangements (IRAs) contained in the Pension Protection Act of 2006 (PPA). It does not describe in detail the requirements that must be satisfied in order for these provisions to be made available. Unless otherwise noted, all provisions were effective beginning January 1, 2007.

Seligman Advisors, Inc. does not provide tax, accounting, or legal advice. Any tax statements contained herein were not intended or written to be used, and cannot be used, for the purpose of avoiding US federal, state, or local taxes. Please consult your own independent advisor as to any tax, accounting, or legal statements made herein.

This information is authorized for use only in the case of concurrent or prior delivery of the offering prospectus of the Fund. You should consider the investment objectives, risks, charges, and expenses of a Fund carefully before investing. A prospectus containing information about a Fund (including its investment objectives, risks, charges, expenses, and other information about the Fund) may be obtained here. The prospectus should be read carefully before investing in a Fund.

Effective November 7, 2008, J. & W. Seligman Co. Incorporated ("Seligman") was acquired by and became a wholly-owned subsidiary of RiverSource Investments, LLC, which is a subsidiary of Ameriprise Financial, Inc. As a result of the acquisition, Seligman's investment advisory contracts were transferred to RiverSource Investments and Seligman Advisors, Inc., a subsidiary of Seligman, was added as a principal underwriter and distributor of the RiverSource mutual funds.

Seligman mutual funds are distributed by Seligman Advisors, Inc., member FINRA, and managed by RiverSource Investments, LLC. Seligman Services, Inc. provides services to fund shareholders. Seligman Advisors, Inc. and Seligman Services, Inc. are wholly-owned subsidiaries of RiverSource Investments, LLC. These companies are part of Ameriprise Financial, Inc.