Who We Are Schaeffer Financial, LLC1 (hereinafter referred to as “Schaeffer Financial”, “the Company”, “we”, “us” and “our”), a Maryland Limited Liability Company organized in December 2004, is a fee-based registered investment advisor2 committed to taking the mystery out of financial matters and helping you, our client, make smart financial decisions that create stability, security, and independence. For over the last 35 years, the experience behind Schaeffer Financial has developed special areas of expertise for addressing the needs of a wide variety of clients including federal government employees, foreign nationals holding G-IV visas, as well as handling the multi-faceted issues of intergenerational planning. We are particularly skilled at combining the worlds of financial facts and human emotions into a workable plan. Owners The following persons control Schaeffer Financial: Name Title CRD# Karen P. Schaeffer Managing Member 705691 Kaitlin Schaeffer Yardley Chief Compliance Officer 5336245 Mission We help guide people to smart money decisions through competent, ethical, affordable financial planning advice. Assets Under Management As of December 31, 2023, our assets under management totaled: Discretionary Accounts3 ...................................................... $199,443,466 Non-Discretionary Accounts4 ................................................ 0 1 Schaeffer Financial, LLC and its investment adviser representatives are a fiduciaries, as defined within the meaning of the Employer Retirement Income Security Act of 1974 (“ERISA”) and/or as defined under the Internal Revenue Code of 1986 (the “Code”) for any asset management services provided to a client who is: (i) a plan participant or beneficiary of a retirement plan subject to ERISA or as described under the Code; or, (ii) the beneficial owner of an Individual Retirement Account (“IRA”). 2 The term “registered investment advisor” is not intended to imply that Schaeffer Financial, LLC has attained a certain level of skill or training. It is used strictly to reference the fact that we are “registered” as a licensed “investment advisor” with the United States Securities & Exchange Commission (the “SEC”) – and “Notice Filed” with State Regulatory Agencies that have limited regulatory jurisdiction over our business practices. 3 Portfolio assets managed by independent third-party money managers (“Portfolio Managers”) are not included in our “Regulatory Assets Under Management” calculation in our Form ADV Part 1A, Item 5.F unless we have discretionary authority to hire and fire Portfolio Managers and reallocate your assets without your prior consent. Therefore, the discretionary and non-discretionary totals disclosed in this Disclosure Brochure may not always match what is reported in our ADV Part 1A. 4 You understand that to engage us to manage your portfolio on a non-discretionary basis means we cannot effect securities transactions in your account without first obtaining your verbal consent to perform the transactions. Thus, in the event of a market correction, should we be unable to communicate with you, your account could experience greater market volatility over accounts managed on a discretionary basis. What We Do We provide financial solutions that stress the importance of you making fiscally responsible decisions and disciplined economic choices in your personal life so we can effectively help you achieve your monetary goals for today’s needs, tomorrow’s dreams, and a strategy to build a lasting legacy for future generations. With experience comes flexibility. We strive to deliver services that are structured to meet your unique needs rather than trying to mold you to a program. You may be one who wants to meet more frequently to discuss financial issues; or, you may like to manage your own day-to- day investment decisions

rather than delegating all management decisions to us. Whatever you need, we are there for you. Financial Planning Services The focus of any portfolio management service we may offer you begins with financial planning to identify your standards of living and quality of life expectations. We will accomplish this through a data-gathering session where we will review the financial documents we asked you to bring to the meeting5 for discussion. Together, questions will be asked, information shared, and an evaluation made as to whether we should move forward with additional services. During the meeting, we will address planning topics and offer advice on, but not limited to:  Financial Statements – Cash Flow Management  Savings and Emergency Reserves  Asset Allocation and Investment Portfolio Analysis  Tax Planning  Risk Management and Insurance Analysis  Retirement Income Analysis  Long-Term Healthcare  Estate and Family Legacy Planning  Business Succession Planning Financial planning services are independent of any investment management strategies we implement for your portfolio assets. We do not offer comprehensive written financial plans and there is no continuous advisory relationship associated with our financial planning services. Once we have completed our engagement and corresponding responsibilities/obligations our relationship will be concluded. However, you can engage us as needed for any additional financial planning needs. For information on our fees for financial planning, see “Financial Planning Fee” under Item 5, “Fees & Compensation.” Portfolio Management Services Moving forward from the financial planning session, if you engage us for management services, we will design a portfolio allocation strategy based on your unique investment parameters and risk tolerance level using a mix of mutual funds, Exchange-Traded Funds (“ETFs”), and/or independent third-party money managers (“Portfolio Managers”) to achieve the best return on your investment capital. 5 The personal information we gather from you in our meeting is vital for us to effectively advise you on your unique financial needs and help you plan for your future. Electing to dismiss certain requested documents or respond to questions with limited input can put us at a disadvantage and handicap our ability to successfully manage your investment expectations. Therefore, if you want the best advice we can offer on your managed account(s), you should make every effort to provide us with detailed personal information and be as accurate with your responses as you possibly can. Any separate Portfolio Managers we may recommend to manage a portion of your portfolio will implement an investment strategy that correlates best with your investment parameters. Under the arrangements with Portfolio Managers, we are not involved in the day-to-day management of your portfolio assets. Our responsibility to both you and the Portfolio Manager we direct to manage your account, will be to:  Recommend only Portfolio Managers whose investment strategies fit your management criteria and risk tolerance level, while ensuring you meet the minimum requirements of the Portfolio Manager to open a managed account;  Evaluate the Portfolio Manager’s investment returns and performance expectations;  Suggest changes in a Portfolio Manager, if necessary, as market factors and your personal goals dictate;  Handle all administrative and clerical duties as may be required by the Portfolio Manager to service your account since they will have little or no direct contact with you. Information regarding our management fee structure is disclosed under “Portfolio Management Fee” in Item 5, “Fees & Compensation” and further description of our investment strategies under Item 8, “Methods of Analysis, Investment Strategies & Risk of Loss”. FEES & COMPENSATION