529 College Savings Plans
|
|
- Angel Davidson
- 7 years ago
- Views:
Transcription
1 529 College Savings Plans Features, costs and Piper Jaffray compensation When choosing a 529 college savings plan ( 529 savings plan ), you should examine many factors, including the expense structure of the plan and the federal and state tax features that may be favorable to you. Before you proceed further, it is important to review some fundamentals of 529 plans. Types of 529 plans Named after the section of the federal tax code that governs them, 529 savings plans are tax-advantaged, qualified tuition programs. There are two types of 529 plans: college savings plans and prepaid tuition plans. 529 savings plans are offered in every state. Prepaid plans are offered in some states and by some private colleges and universities. Prepaid tuition plans are not offered by Piper Jaffray. Investors may, in most states, purchase 529 savings plans direct with the sponsoring state. Another option is to use the services of a financial intermediary such as Piper Jaffray. Piper Jaffray offers several of the state-sponsored 529 savings plans, but it does not offer all of them. What is a 529 savings plan? A 529 savings plan is a state-sponsored investment program designed to ease the burden of paying for college. By opening a 529 savings plan, you can contribute money to an investment account set up for a specific beneficiary. Federal taxes on the earnings are deferred, and your money can be withdrawn free of federal taxes (and in some cases state taxes) for qualified educational expenses. This federal exemption sunsets Dec. 31, 2010, which will alter many of the federal tax consequences unless action is taken by the President and Congress to extend the provisions.
2 Are all 529 savings plans the same? 529 savings plans vary a great deal from state to state. Each state has broad discretion in setting up plan rules, contribution limits and state tax treatments and in choosing investment managers and investment options. Home state tax advantages The first step in considering a 529 savings plan is to review your home state plan, since this plan may offer more favorable tax treatment or other benefits. State tax treatment of 529 savings plans varies. Some states offer their resident investors state tax deductions for contributions and may also offer other benefits such as matching contributions or scholarships. Several states impose taxes on qualified withdrawals from out-of-state plans and a few tax earnings on out-of-state plans. Investors purchasing an out-of-state plan may be forfeiting tax and other benefits only available from their home state plan. Basic features of 529 savings plans Investment risk Your investment in a 529 savings plan is subject to investment risk. States do not back or guarantee the investments. The investments that you choose may lose money or the investments may not grow enough to pay for college. Investment options Investment options vary greatly, from higher risk stock funds to funds that contain a mix of stocks and bonds to conservative investments that contain money market or conservative shortterm bond funds. Plan owners may change their investment options within the plan once every calendar year or anytime the plan has a change of beneficiary. New contributions can be designated to new investment options.
3 Expense structure Like most investments, fees and expenses will reduce investment returns. 529 savings plans typically are managed by mutual fund companies and will incur underlying fund expenses such as management fees, 12b-1 fees and other fund expenses. Some plans may have administrative fees, enrollment fees and annual maintenance fees. You should carefully examine the plan costs that are disclosed in the plan documents before investing or sending money. Share classes and sales charges Most 529 savings plans are managed by mutual fund companies. The fund company generally offers several share classes in which to invest. Each share class represents a similar interest in the plan s portfolio but has different fees. Your financial advisor can assist you with understanding the sales charges and selecting appropriate share classes. The following publications also offer additional information: Understanding mutual fund and annuity pricing and marketing and Understanding mutual fund classes. Both documents are located at in the mutual fund section. Sales charge discounts 529 savings plans with front-end sales charges or commissions (also called a load) may offer a breakpoint discount to reduce this fee. The amount of the discount is based on the size of your investment, and the discount increases as the size of your investment increases. Be sure to inform your financial advisor of any mutual funds or other 529 savings plans you may hold at other firms or directly with a fund company. You may be able to combine these assets with your 529 savings plan purchases to reach certain breakpoint discounts. Complete information on sales charge discounts is available in the plan s offering documents. The NASD investor publication, Mutual Fund Breakpoints: A Break Worth Taking, is also available to you at
4 Rollovers (transfers) The assets of a 529 savings plan can be transferred free of federal taxes to another 529 savings plan or beneficiary, as long as the new beneficiary is a family member of the existing beneficiary. Family members include the beneficiary s spouse, son, daughter, grandchild, niece, nephew and first cousins. Plan owners considering a plan rollover for the same beneficiary should understand that such rollovers are limited to once every 12 months. There may be state tax implications when you roll over assets from one plan to another, especially when transferring from a home-state plan to an out-of-state plan. Important tax benefits may be lost and you may be subject to tax payment. Some states may recapture taxes if the contributions received state tax deductions. You should contact your tax advisor before you consider making a rollover. Some 529 savings plan managers allow investors who have redeemed shares of another plan to buy class A shares in the new plan without incurring a sales charge, which is called a net asset value ( NAV ) transfer. NAV transfer is a significant cost saver that is only available with certain plans and is subject to certain conditions. The plan s offering documents will provide detailed information regarding rollovers and NAV transfer policies. Non-qualified withdrawals Money withdrawn from a 529 savings plan that is not used for qualified education expenses is generally subject to federal and state income tax, and an additional 10 percent federal tax penalty is imposed on earnings. States may also impose an additional 10 percent penalty on the earnings. Exceptions are made under certain circumstances, such as the death or disability of the beneficiary or if the beneficiary receives a major scholarship. Tax implications of non-qualified withdrawals should be reviewed with your tax advisor.
5 Resources and tools you can use to learn more about 529 savings plans College Saving Network, a coalition of state-sponsored college savings plans offering college planning resources: or toll free Information Web site: NASD Investor Publications (College Savings Plans) and 529 Plan Expense Analyzer available at: How Piper Jaffray and your financial advisor are compensated for sales of 529 savings plans Each time you purchase a 529 savings plan through Piper Jaffray, the plan manager pays Piper Jaffray based upon the amount of your investment and the share class that you have selected. We pay a portion of these payments to your financial advisor based upon our standard compensation formulas. Sales charges vary from plan to plan and some plans impose higher sales charges than others. The 529 savings plan and the share classes that you choose to purchase will affect the compensation paid to your financial advisor. For front-end load share classes, we receive most of the initial sales charge that you pay. For back-end load share classes, we are paid a selling fee at a rate set by the plan manager. We may also receive 12b-1 fees for the funds invested in 529 savings plans. Piper Jaffray s Full-Access List. We have identified a group of approximately 18 mutual fund families which constitute our 2006 Full Access List. The Full Access List is comprised of fund companies which offer a broad spectrum of products, have had strong sales at Piper Jaffray, have a relationship history with us, provide marketing support, make revenue sharing payments to us (see Revenue sharing arrangements below), among other characteristics. Several of
6 the fund companies on our 2006 Full Access List also offer 529 savings plans. Those fund companies which are on our Full Access List have increased access to our financial advisors to promote their products and higher visibility at firm training events, and we provide additional promotional support such as placement on our company intranet site and business sales reports. Consequently, companies on our Full Access list have enhanced opportunities to promote their products to our financial advisors which could lead our financial advisors to focus on and recommend their products. See Revenue sharing arrangements below, for the companies on the Full Access List. Revenue sharing arrangements. Like most other securities firms, we also receive payments, sometimes called revenue sharing payments, from some fund companies and their affiliates. All companies on the Full Access List make revenue sharing payments to Piper Jaffray in connection with mutual fund sales and/or assets, and certain of those companies make revenue sharing payments in connection with 529 savings plans sales and/or assets. Other fund companies may also make revenue sharing payments to Piper Jaffray. Our financial advisors do not receive extra compensation for selling products offered by a company that pays revenue sharing, and you do not incur any additional sales charge when you purchase such products. Your Piper Jaffray financial advisor will work with you to determine the investments most appropriate for your needs and to help you to evaluate 529 savings plans. Revenue sharing payments are not paid from fund or 529 savings plan assets. Revenue sharing payments are generally paid based on sales volume and/or the amount of assets that Piper Jaffray clients hold in the funds and 529 savings plans.
7 Companies on the Mutual Fund Full Access List pay us up to 0.15 percent (15 basis points) of an investor s total purchase amount and/or up to 0.15 percent (15 basis points) on assets in their funds and 529 savings plans. We may also receive up to $50,000 from each company on the Mutual Fund Full Access List to support our financial advisor educational and training meetings. Other fund families that are not on Mutual Fund Full Access list pay us up to 0.15 percent (15 basis points) of an investor s total purchase amount and/or up to 0.05 percent (5 basis points) on assets in the fund family s funds and 529 savings plans. Mutual fund companies and 529 Savings Plans Managers with Revenue Sharing Arrangements at Piper Jaffray Following is a list of 529 savings plan managers that have made revenue sharing payments to Piper Jaffray during the 12 months ended December 31, 2005 listed in order of total revenue sharing contribution (from largest to smallest) (Note, a portion of these payments was made in a prior year under a program that preceded our 2005 Full Access List program.) 2005 Mutual Fund Full Access List Companies which offer 529 Savings Plans through Piper Jaffray American Funds * Franklin Templeton Putnam Hartford VanKampen * Fidelity Advisor AllianceBernstein Allianz / PIMCO MFS John Hancock Other 529 Savings Plan Managers AIM * Pacific Life *Fund companies that make payments on 529 savings plan sales and and/or assets
8 From 529 savings plan managers and their affiliates, we may also receive contributions and reimbursements for expenses we incur in connection with financial advisor training or client meetings that have an informational or educational component. Piper Jaffray and its financial advisors may receive nominal non-cash benefits from 529 savings plan managers and their affiliates. The foregoing payments and reimbursements are not included in the revenue sharing data above. Piper Jaffray may receive compensation in the form of commissions and other fees for providing traditional brokerage services, including related research to funds in which the 529 savings plans invest. We prohibit accepting brokerage commissions in exchange for marketing a 529 savings plan, and we do not allow brokerage commissions to be used to offset revenue-sharing arrangements. Such commissions are not paid to or shared with Private Client Services, Piper Jaffray s retail division. If you have any questions regarding these practices, please speak with your financial advisor and/or registered representative. 529 college savings plans are sold by official statement. The official statement and the mutual fund s prospectus contains more complete information, including investment objectives, risks, fees and expenses, which you should carefully consider before investing. Please contact your financial advisor for an official statement and mutual fund prospectus. Please read it carefully before investing or sending money. Piper Jaffray does not provide tax advice. Since Member SIPC and NYSE Piper Jaffray & Co. 2/06 PC piperjaffray.com
529 College Savings Plans
529 College Savings Plans Features, costs and Piper Jaffray compensation When choosing a 529 college savings plan ( 529 savings plan ), you should examine many factors, including the expense structure
More informationUnderstanding mutual fund and annuity pricing and marketing
Understanding mutual fund and annuity pricing and marketing When you choose an investment product, you should examine many factors, including your risk tolerance, investment objectives and time horizon,
More informationA guide to investing in 529 savings plans
A guide to investing in 529 savings plans What you should know before you buy Wells Fargo Advisors wants to ensure that you are investing in the 529 plan that best suits your investment objectives, risk
More informationAn Introduction to 529 Plans What is a 529 plan?
An Introduction to 529 Plans What is a 529 plan? A 529 plan is a tax-advantaged savings plan designed to encourage saving for future college costs. 529 plans, legally known as qualified tuition plans,
More informationMutual Fund Investing and 529 College Savings Plans. A Client Disclosure Pamphlet
May 2015 Mutual Fund Investing and 529 College Savings Plans A Client Disclosure Pamphlet Advisory Services Offered Through MIAI, Inc. Securities Offered Through Maplewood Investment Advisors, Inc., Member
More informationAn investor s guide to purchasing mutual funds and 529 plans through Ameriprise Financial
An investor s guide to purchasing mutual funds and 529 plans through Ameriprise Financial For more than 60 years, mutual funds have been one of the best ways for individual investors to participate in
More informationMutual Fund Investing Important Information and Disclosures for D.A. Davidson Clients
Mutual Fund Investing Important Information and Disclosures for D.A. Davidson Clients Introduction. Mutual funds, one of the nation s most commonly used groups of investment vehicles, now hold several
More informationPRODUCTS AND SERVICES
PRODUCTS AND SERVICES Cost and Guide As a member of Thrivent Financial, we want you to have the information you need about the products and services you re paying for. This guide describes the costs associated
More informationComerica Securities Inc. Mutual Fund Guide
Comerica Securities Inc. Mutual Fund Guide With so many different mutual funds available today, Comerica Securities Inc. wants to help you to ensure that you are investing in the mutual fund that best
More informationSHARE CLASS AND SALES CHARGE INFORMATION IVY FUNDS
SHARE CLASS AND SALES CHARGE INFORMATION IVY FUNDS CHOOSING A SHARE CLASS Each class of shares has its own sales charge, if any, and expense structure. The decision as to which class of shares of a Fund
More informationImportant Disclosure Information regarding Indirect Compensation and Revenue Sharing as of 6/1/15
Important Disclosure Information regarding Indirect Compensation and Revenue Sharing as of 6/1/15 If you have invested or will invest in investments such as mutual funds, annuities, life insurance, direct
More informationMutual Fund Share Classes and CGMI Compensation
Mutual Fund Share Classes and CGMI Compensation The following is from the Important New Account Information section ( INAI ) contained in your Welcome Book or other disclosures provided to you in connection
More informationGuide to Buying Mutual Funds. What you should know before you buy
Guide to Buying Mutual Funds What you should know before you buy A Guide to Mutual Fund Investing at H.D. Vest When you buy shares of a mutual fund from your H.D. Vest Advisor, you may choose from a number
More information529 PLANS. Investor s Guide to 529 College Savings Plans. Produced by the Municipal Securities Rulemaking Board
Investor s Guide to 529 College Savings Plans Produced by the Municipal Securities Rulemaking Board About the MSRB The Municipal Securities Rulemaking Board (MSRB), created by Congress in 1975, is a self-regulatory
More informationMutual Fund Investing At NYLIFE Securities What are the Costs of Investing in Mutual Funds? What are Mutual Fund Share Classes?
Mutual Fund Investing At NYLIFE Securities Mutual funds are a popular investment choice that can help clients achieve their financial goals. NYLIFE Securities LLC offers clients over 10,000 individual
More informationMutual Fund Share Classes and Compensation
July 2015 Mutual Fund Share Classes and Compensation summary You have many funds to choose from when it comes to investing your money. Once you choose a fund, you may also need to choose among the fund
More informationWoodbury Financial Services, Inc. Guide to Investing
Woodbury Financial Services, Inc. Guide to Investing Woodbury Financial Services, Inc., Guide to Investing Table of Contents Who We Are..........................................................................
More information529 College Savings Plan
529 College Savings Plan MI 529 Advisor Plan Wealth Management Strategies: A Tax-Advantaged Way to Save and Invest for College NOTICE: MI 529 Advisor Plan accounts are not insured by any state, and neither
More informationGUIDE TO BUYING MUTUAL FUNDS. What you should know before you buy
GUIDE TO BUYING MUTUAL FUNDS What you should know before you buy A Guide to Mutual Fund Investing at HD Vest When you buy shares of a mutual fund from your HD Vest Advisor, you may choose from a number
More informationA GUIDE TO MUTUAL FUND INVESTING
Many investors turn to mutual funds to meet their long-term financial goals. They offer the benefits of diversification and professional management and are seen as an easy and efficient way to invest.
More informationILLINOIS 529 COLLEGE SAVINGS PLAN
ILLINOIS 529 COLLEGE SAVINGS PLAN Thinking about saving for your child s college education can be overwhelming. Stories of rising college loan debt and tuition increases do little to settle the nerves
More informationNew York s 529. College Savings Program Advisor Plan. Start saving today for their dreams of tomorrow
New York s 529 College Savings Program Advisor Plan Start saving today for their dreams of tomorrow Table of contents Why invest in New York s 529 College Savings Program Advisor Plan? 2 3 Plan advantages
More informationMerrill Lynch Personal Advisor Progra Client Agreement Mutual Fund Investing at Merrill Lynch. A Client Disclosure Pamphlet February 2015
Merrill Lynch Personal Advisor Progra Client Agreement Mutual Fund Investing at Merrill Lynch A Client Disclosure Pamphlet February 2015 Merrill Lynch, Pierce, Fenner & Smith Incorporated One Bryant Park
More informationSaving for Education: A Long-Term Investment. A Guide to Understanding 529 Plans
Saving for Education: A Long-Term Investment A Guide to Understanding 529 Plans Table of Contents It Pays to Save for Education................. 1 Education Costs Outpace Inflation............ 2 The Importance
More informationAn Overview of Annuities
An Overview of Annuities Why Consider an Annuity? An annuity is a long-term investment designed for retirement purposes or other longrange goals and provides the ability to accumulate assets on a tax-deferred
More informationAn Overview of Variable Annuities
An Overview of Variable Annuities Why Consider a Variable Annuity? A variable annuity is a long-term investment designed for retirement purposes or other longrange goals and provides the ability to accumulate
More informationImportant Information about your Annuity Investment
Robert W. Baird & Co. Incorporated Important Information about your Annuity Investment What is an Annuity Contract? An annuity is a contract between you and an insurance company, under which you make a
More informationUnderstanding Compensation Received By J.P. Turner and Company LLC
Understanding Compensation Received By J.P. Turner and Company LLC From Sponsors of Mutual Funds, Variable Insurance Contracts, 529 College Savings Plans and Direct Participation Programs and Non-Traded
More informationBUYING STOCKS ON MARGIN
BUYING STOCKS ON MARGIN The Basics BEFORE YOU INVEST, INVESTIGATE TM Securities Industry Association SIA thanks the Discount Brokerage and Investor Education Committees and the public relations executives
More informationBUYING A VARIABLE ANNUITY CONTRACT THROUGH CETERA FINANCIAL SPECIALISTS LLC
Cetera Financial Specialists LLC 200 N. Martingale Road Schaumburg, IL 60173-2096 BUYING A VARIABLE ANNUITY CONTRACT THROUGH CETERA FINANCIAL SPECIALISTS LLC General Considerations Before you buy any insurance
More informationThe ABCs of 529 Plans
Clear Path Advisory Michael Steinhardt ChFC AIF 1777 Reisterstown Road Suite 285 Pikesville, MD 21208 410-486-5242 michael@clearpathadvisory.com www.clearpathadvisory.com The ABCs of 529 Plans Page 1 of
More informationHow To Understand The Benefits Of An Annuity
Investing in Annuities, Life Insurance, Mutual Funds, and Unit Investment Trusts A Guide from SunTrust Investment Services, Inc. Investing in Annuities This brief guide is designed to help you make informed
More informationILLINOIS 529 COLLEGE SAVINGS PLAN
ILLINOIS 529 COLLEGE SAVINGS PLAN Thinking about saving for your child s college education can be overwhelming. Stories of rising college loan debt and tuition increases do little to settle the nerves
More informationGuaranteed Income for Life (GIFL) Rollover Variable Annuity IRA
GIFL_Prospectus Cvr_Prdt 0414:Layout 1 4/29/14 10:36 AM Page 2 Guaranteed Income for Life (GIFL) Rollover Variable Annuity IRA PROSPECTUS Exclusively available for 401(k) plan participants with the John
More informationSaving for College - Indiana
Saving for College - Indiana Information Session Spring 2015 Todays Discussion Overview College Savings Options Selecting a 529 Plan Indiana 529 Plans Private College 529 Plans Next Steps Additional Resources
More information"This notice is not part of the accompanying prospectus"
We no longer offer certain of our variable annuity products and are not required to update the annuity prospectuses for such products. We maintain on this site, for your reference, the most recent annuity
More informationPutnam California Tax Exempt Income Fund
FUND SYMBOLS CLASS A CLASS B CLASS C CLASS M CLASS Y PCTEX PCTBX PCTCX PCLMX PCIYX Putnam California Tax Exempt Income Fund Summary prospectus 1 30 16 Putnam California Tax Exempt Income Fund Before you
More informationPutnam Convertible Securities Fund
FUND SYMBOLS CLASS A CLASS B CLASS C CLASS M CLASS R CLASS Y PCONX PCNBX PRCCX PCNMX PCVRX PCGYX Putnam Convertible Securities Fund Summary prospectus 2 28 15 Putnam Convertible Securities Fund Before
More informationFUTURE SCHOLAR 529 COLLEGE SAVINGS PLAN BECAUSE YOU CAN HELP MAKE THEIR DREAMS COME TRUE
FUTURE SCHOLAR 529 COLLEGE SAVINGS PLAN BECAUSE YOU CAN HELP MAKE THEIR DREAMS COME TRUE CONTENTS 3 Welcome to the Future Scholar 529 plan 4 5 Tax advantages 6 7 Control and flexibility 8 9 Investment
More informationGuide to Buying Annuities
Guide to Buying Annuities Buying an Annuity Contract at H.D. Vest Before you buy any investment, it is important to review your financial situation, investment objectives, risk tolerance, time horizon,
More informationUnderstanding mutual fund share classes, fees and certain risk considerations
Disclosure Understanding mutual fund share classes, fees and certain risk considerations Highlights Mutual funds may offer different share classes most commonly in retail brokerage accounts, Class A, B
More informationTraditional and Roth IRAs. Invest for retirement with tax-advantaged accounts
Traditional and Roth IRAs Invest for retirement with tax-advantaged accounts Your Retirement It is your ultimate reward for a lifetime of hard work and dedication. It is a time when you should have the
More informationUnderstanding 529 Plans
a guide to Understanding 529 Plans A 529 plan is a qualified tuition program to help finance qualified higher education expenses. Table of Contents It Pays to Save for Education...2 Education Costs Outpace
More informationInvesting in Annuities, Life Insurance, Mutual Funds, and Unit Investment Trusts
Investing in Annuities, Life Insurance, Mutual Funds, and Unit Investment Trusts A Guide from SunTrust Investment Services, Inc. Investing in Annuities This brief guide is designed to help you make informed
More informationWhat Can a Variable Annuity Do for Your IRA? Enhancing Your Individual Retirement Account
B What Can a Variable Annuity Do for Your IRA? Enhancing Your Individual Retirement Account Your Individual Retirement Account (IRA) is an important component of your retirement planning strategy and one
More informationGUIDE TO BUYING ANNUITIES
GUIDE TO BUYING ANNUITIES Buying an Annuity Contract at HD Vest Before you buy any investment, it is important to review your financial situation, investment objectives, risk tolerance, time horizon, diversification
More informationA guide to investing in cash alternatives
A guide to investing in cash alternatives What you should know before you buy Wells Fargo Advisors wants to help you invest in cash alternative products that are suitable for you based on your investment
More informationBasics of IRAs ING FINANCIAL SOLUTIONS. Your future. Made easier. SM
Basics of IRAs t FDIC/NCUA Insured t A Deposit Of A Bank t Bank Guaranteed May Lose Value t Insured By Any Federal Government Agency ING FINANCIAL SOLUTIONS Your future. Made easier. SM Traditional IRA
More informationIMPORTANT UPDATE TO THE MARYLAND COLLEGE INVESTMENT PLAN DISCLOSURE STATEMENT
IMPORTANT UPDATE TO THE MARYLAND COLLEGE INVESTMENT PLAN DISCLOSURE STATEMENT This is an update to the 2014/2015 Maryland College Investment Plan Disclosure Statement. You should review this information
More informationMaximizing the Benefits of Maryland's Section 529 Plans: Choices Under the College Investment Plan
Maximizing the Benefits of Maryland's Section 529 Plans: Choices Under the College Investment Plan When President Bush signed the Economic Growth and Tax Relief Reconciliation Act of 2001 (the "Act"),
More informationSaving for College - Minnesota
Saving for College - Minnesota Information Session Spring 2015 Todays Discussion Overview College Savings Options Selecting a 529 Plan Minnesota 529 Plans Private College 529 Plans Next Steps Additional
More informationSummary Prospectus September 28, 2015 PNC S&P 500 Index Fund Class A PIIAX Class C PPICX Class I PSXIX Class R4 PSPEX Class R5 PSFFX
Summary Prospectus September 28, 2015 PNC S&P 500 Index Fund Class A PIIAX Class C PPICX Class I PSXIX Class R4 PSPEX Class R5 PSFFX Before you invest, you may want to review the Fund s Prospectus, which
More informationSmart Saving for College Better Buy Degrees. 529 Plans and Other College Savings Options
Smart Saving for College Better Buy Degrees 529 Plans and Other College Savings Options FINRA and Investor Education FINRA, the Financial Industry Regulatory Authority, is the largest non-governmental
More informationILLINOIS 529 COLLEGE SAVINGS PLAN
ILLINOIS 529 COLLEGE SAVINGS PLAN Your children deserve an opportunity for higher education and you can help them achieve it. Whether your kids are learning to walk or in their teenage years, it s never
More informationINDIVIDUAL LIFE INSURANCE. A Consumer Resource. Stag Wall Street. Flexible-premium, single-life variable universal life insurance
INDIVIDUAL LIFE INSURANCE A Consumer Resource Stag Wall Street Flexible-premium, single-life variable universal life insurance Why Stag Wall Street? Stag Wall Street Variable Universal Life insurance provides
More informationSaving for College - PARENT
Saving for College - PARENT Information Session Spring 2015 Today s Discussion Overview College Savings Options Selecting a 529 Plan Private College 529 Plan Next Steps Additional Resources 2 OVERVIEW
More informationTraditional and Roth IRAs. Invest for retirement with tax-advantaged accounts
Traditional and s Invest for retirement with tax-advantaged accounts Your Retirement It is your ultimate reward for a lifetime of hard work and dedication. It is a time when you should have the financial
More informationThe Best Ways to Save for College
Strategic Wealth, LLC Bruce Wing, ChFC, CLU, RHU, REBC President 5975 Shiloh Rd. Suite 114 Alpharetta, GA 30005 678-456-5060 x101 bwing@strategic-wealth.com www.strategic-wealth.com The Best Ways to Save
More informationWho May Join the Plan You are eligible to join the Savings Plan/Plus if you are a regular employee who works at least 20 hours per week.
Congratulations! You are eligible to enroll in Teradyne s retirement plan, the Teradyne, Inc. Savings Plan/Plus. Below is a brief summary of the main features of the Plan. For more details, please read
More informationA Guide to. Planning for Retirement INVESTMENT BASICS SERIES
A Guide to Planning for Retirement INVESTMENT BASICS SERIES It s Never Too Early to Start What You Need to Know About Saving for Retirement Most of us don t realize how much time we may spend in retirement.
More informationCollegeCounts 529 Fund Advisor Plan Program Disclosure Statement
CollegeCounts 529 Fund Advisor Plan Program Disclosure Statement Supplement dated January 1, 2016 to the Program Disclosure Statement dated December 17, 2014, as supplemented The CollegeCounts 529 Fund
More informationHoward 457 Deemed IRA Participation Agreement for Deferred Compensation Plan
Howard 457 Deemed IRA Participation Agreement for Deferred Compensation Plan DC-4803 (09/2015) For help, please call 1-877-677-3678 www.howard457.com 1 2 DC-4803 (09/2015) For help, please call 1-877-677-3678
More informationFOR DISCUSSION TODAY WHAT IS AN IRA? IRA EDUCATION WORKSHOP
IRA EDUCATION WORKSHOP More Choices, More Flexibility, More Control C40949 FOR DISCUSSION TODAY 1. WHAT IS AN IRA? 2. 3. CHOOSING YOUR IRA 4. FIVE THINGS TO REMEMBER Transfers may be subject to differences
More informationHow To Get A Free Look At A Contract From A Mutual Fund
NEA Valuebuilder Select SM Prospectus dated May 1, 2013 A Modified Single Premium Deferred Variable Annuity Contract Issued by Nationwide Life Insurance Company Through its Nationwide Variable Account
More informationUnderstanding Variable Annuities
Understanding Variable Annuities June 2011 This reference document is being provided by Morgan Stanley Smith Barney solely to provide a general overview of variable annuities, and is not meant to describe
More informationMutual Fund Share Classes and CGMI Compensation
Mutual Fund Share Classes and CGMI Compensation September 2009 As a mutual fund investor, you have many funds to choose from when it comes to investing your money. Each of these choices involves certain
More informationThe SIMPLE IRA Plan. Savings Made Simple For Your Employees. Retirement Plans
The SIMPLE IRA Plan Savings Made Simple For Your Employees Retirement Plans About Stifel Nicolaus Stifel Nicolaus is a full-service Investment firm with a distinguished history of providing securities
More informationThe Schwab 529 College Savings Plan. Rely on Schwab s expertise to help you plan for a child s college education.
The Schwab 529 College Savings Plan Rely on Schwab s expertise to help you plan for a child s college education. Saving for college: A 529 plan is essential Tuition, fees, books, room and board. It all
More informationLeaders SMART529 College Savings Plan
Leaders SMART529 College Savings Plan Offering Statement Descriptions of The Underlying Funds Participation Agreement M a r c h 2 9, 2 0 0 6 SERIES III This Document is for review if you are purchasing
More informationThe Best Ways to Save for College
The Best Ways to Save for College In the college savings game, all strategies aren't created equal. The best savings vehicles offer special tax advantages if the funds are used to pay for college. Tax-advantaged
More informationINVEST EASILY FOR YOUR DAY ONE OF RETIREMENT AND BEYOND SUCCEED. Prudential SmartSolution IRA Investment Guide
SUCCEED SUNRISE PHOTOS TAKEN BY REAL PEOPLE OF THEIR ACTUAL DAY ONES OF RETIREMENT. WHAT WILL YOURS LOOK LIKE? INVEST EASILY FOR YOUR DAY ONE OF RETIREMENT AND BEYOND Prudential SmartSolution IRA Investment
More informationCollegeCounts 529 Fund Program Disclosure Statement
CollegeCounts 529 Fund Program Disclosure Statement Supplement dated January 1, 2016 to the Program Disclosure Statement dated December 17, 2014, as supplemented The CollegeCounts 529 Fund (the Plan )
More information529 Contributions & Distributions. Advisor Relations Manager June 13, 2014
1 529 Contributions & Distributions Presented by: Vincent Sullivan Advisor Relations Manager June 13, 2014 Agenda COLLEGE SAVINGS PLANS: FAMILY DYNAMICS & SITUATIONS 2 2 529 Plan Basics Contributions Withdrawals
More informationA GUIDE TO RETIREMENT PLAN FEES & EXPENSES
A GUIDE TO RETIREMENT PLAN FEES & EXPENSES WHITE PAPER DECEMBER 2013 Brian A. Montanez, AIF, CPC PRINCIPAL, MULTNOMAH GROUP Ronald J. Triche, Esq., APM* ASSISTANT GENERAL COUNSEL & DIRECTOR OF GOVERNMENT
More informationAmerican Legacy Fusion variable annuity
American Legacy Fusion variable annuity May 1, 2015 Product Prospectus This document and many others can be read online by signing up for edelivery! Make a positive environmental impact by signing up today!
More informationLincoln Premier Series Wealth Management Program Wrap Fee Program Brochure
Lincoln Premier Series Wealth Management Program Wrap Fee Program Brochure March 30, 2016 Lincoln Financial Advisors Corporation 1300 South Clinton St., Suite 150 Fort Wayne, IN 46802 (800) 237-3813 www.lfa-sagemark.com
More informationSUMMARY REVIEW COLORADO COUNTY OFFICIALS AND EMPLOYEES RETIREMENT ASSOCIATION 457 DEFERRED COMPENSATION PLAN FOR THE
SUMMARY REVIEW FOR THE COLORADO COUNTY OFFICIALS AND EMPLOYEES RETIREMENT ASSOCIATION 457 DEFERRED COMPENSATION PLAN TABLE OF CONTENTS INTRODUCTION... i HIGHLIGHTS... 2 PARTICIPATION... 2 Eligibility to
More informationMerrill Lynch Personal Advisor Progra Client Agreement Mutual Fund Investing at Merrill Lynch. A Client Disclosure Pamphlet May 2016
Merrill Lynch Personal Advisor Progra Client Agreement Mutual Fund Investing at Merrill Lynch A Client Disclosure Pamphlet May 2016 Merrill Lynch, Pierce, Fenner & Smith Incorporated One Bryant Park New
More informationMutual Fund Expense Information on Quarterly Shareholder Statements
June 2005 Mutual Fund Expense Information on Quarterly Shareholder Statements You may have noticed that beginning with your March 31 quarterly statement from AllianceBernstein, two new sections have been
More informationBaltimore 457 Deemed IRA Participant Agreement
Baltimore 457 Deemed IRA Participant Agreement NRM-8296MD-BA.2-0314 1 2 Employer Plan IRA Type Personal Information Baltimore Deemed IRA Participation Agreement Payroll Deduction Authorization & Service
More informationRetirement Options: guide to Individual Retirement Accounts through Lending Club
Retirement Options: guide to Individual Retirement Accounts through Lending Club This material is provided for informational purposes only. Information in this brochure is not directed to the specific
More informationSCOTT & WHITE RETIREMENT/401(K) PLAN Plan Number 090337 Plan Information as of 05/16/2015
SCOTT & WHITE RETIREMENT/401(K) PLAN Plan Number 090337 Plan Information as of 05/16/2015 This legally required notice includes important information to help you compare the investment options under your
More informationFranklin Templeton 529 College Savings Plan OFFERED NATIONWIDE BY THE NEW JERSEY HIGHER EDUCATION STUDENT ASSISTANCE AUTHORITY
Franklin Templeton 529 College Savings Plan OFFERED NATIONWIDE BY THE NEW JERSEY HIGHER EDUCATION STUDENT ASSISTANCE AUTHORITY What Does the Future Hold? As soon as your child is born, you begin imagining
More informationBreakpoint (Volume) Discounts on Class A Share Purchases. What arrangement is best for you?
Breakpoint (Volume) Discounts on Class A Share Purchases. What arrangement is best for you? Your financial representative should recommend only those arrangements that are suitable for you based on known
More informationInvesting in Your Future with the New York State Deferred Compensation Plan Answers to commonly asked questions Table of Contents All about your Deferred Compensation Plan...4 Contributions, investment
More informationVanguard Brokerage Services commission and fee schedules
Vanguard Brokerage Services commission and fee schedules Effective January 2015 Stock and exchange-traded fund (ETF) commissions Assets invested in Vanguard funds and Vanguard ETFs Vanguard ETFs 1 Stocks
More informationA PROFESSIONAL S GUIDE TO EDUCATION SAVINGS
CPAs Attorneys Enrolled Agents Tax Professionals A PROFESSIONAL S GUIDE TO EDUCATION SAVINGS www.edwardjones.com/teamwork Professional Education Network TM CONTENTS 1 Introduction 2 Saving versus Borrowing
More information19801NY 12/01/12 Exp. 01/15/13 '2012 Genworth Financial, Inc. All rights reserved. Page 1 of 13
as of November 30, 2012 For contracts issued on or after May 1, 2003 RetireReady SM Choice NY 19801NY 12/01/12 Exp. 01/15/13 '2012 Genworth Financial, Inc. All rights reserved. Page 1 of 13 IMPORTANT INFORMATION
More informationDisclosure Brochure. April 24, 2015. Fiduciary Wealth Partners, LLC. Registered Investment Adviser
Disclosure Brochure April 24, 2015 Fiduciary Wealth Partners, LLC Registered Investment Adviser 225 Franklin Street, 26 th Floor Boston, Massachusetts 02110 (617) 217-2700 www.fwp.partners This brochure
More informationYEAR-END MOVES: Prepare for 2016
YEAR-END MOVES: Prepare for 2016 YOUR HOST John Sweeney Executive Vice President, Retirement & Investing Strategies, Fidelity Investments 2 JOIN THE CONVERSATION: @SweeneyFidelity PRESENTER Jeffrey S.
More informationThe Individual Annuity
The Individual Annuity a re s o u rc e i n yo u r r e t i r e m e n t an age of Decision Retirement today requires more planning than for previous generations. Americans are living longer many will live
More informationPinnacle Bank HSA Investment Account Terms and Conditions
Pinnacle Bank HSA Investment Account Terms and Conditions 1. Investment Advice You agree and acknowledge that when you use the investment portion of your HSA, you, are solely responsible for determining
More informationTax Return Preparer Compliance Note: Income Tax Advantages. Estate Tax Reductions.
Attorney Timothy P. Crawford, CPA, CELA*, CAP** wanted to share this information with you. SECTION 529 PLANS College Savings Plans Tax Free Savings for College. Use in place of a Minor s Trust (2503(c)
More informationFederal Tax and Capital Gains: Rates Over Time
Preparing for a World of Higher Taxes Are You Ready? Presented by: Matt Sommer, CFP, CPWA, AIF Director and Senior Retirement Specialist, Retirement Strategy Group C-0610-114 4-30-11 Federal Tax and Capital
More informationTax-Advantaged Ways to Save for College
Idaho Financial Group Matt Shannahan ChFC AIF 1159 East Iron Eagle Suite 120 Eagle, ID 83616 208-938-7800 matt@idahofinancialgroup.com www.idahofinancialgroup.com Tax-Advantaged Ways to Save for College
More informationPutnam Global Health Care Fund. Summary prospectus 12 30 14
FUND SYMBOLS CLASS A CLASS B CLASS C CLASS M CLASS R CLASS Y PHSTX PHSBX PCHSX PHLMX PHSRX PHSYX Putnam Global Health Care Fund Summary prospectus 12 30 14 Putnam Global Health Care Fund Before you invest,
More informationGuide to buying an offshore investment contract
Guide to buying an offshore investment contract What you should know before you buy Offshore investment contracts are only available for sale to nonresident aliens of the United States and are not subject
More informationThe Individual Annuity
The Individual Annuity a resource in your retirement an age of Decision Retirement today requires more planning than for previous generations. Americans are living longer many will live 20 to 30 years
More informationTD AMERITRADE Self-Directed Brokerage Account. A Guide for Plan Participants Mutual Funds Option. Your future. Made easier.
TD AMERITRADE Self-Directed Brokerage Account A Guide for Plan Participants Mutual Funds Option Your future. Made easier. Inside Your Participant Guide TD AMERITRADE Self-Directed Brokerage Account Overview
More information