Their future is just ahead. Prepare for it with CollegeChoice Advisor

Transcription

1 Their future is just ahead Prepare for it with CollegeChoice Advisor

2 your student A future Make the filled choice with unlimited to save even potential more College can make a big difference in a child s life, Ugift Give College Savings Put college savings on your wish list with this easyquality of life. But tomorrow s college education to-use online feature! Ugift lets you invite family friends to celebrate birthdays, holidays, graduations, other occasions with a gift contribution to your CollegeChoice Advisor account. This could be one of the most meaningful gifts of all help toward a college education. the beneficiary can be any age live in any state, you can participate in the plan regardless of Tax benefits: Earnings grow tax-deferred your save for college tuition, certain room board They send a contribution Those gifts are invested Suggest a 529 gift costs,contribution books,to supplies, laptops/computers in your accountother family friends Gift- estate-tax advantages: Contribute up to made over a five-year period. when you re ready to withdraw your money for state taxes.* Upromise helps families save for You, your financial advisor, Withdrawals: Use at any eligible 2- or 4-year college, vocational/technical school, orworking graduate school around CollegeChoice Advisor: together The expertise insights that your financial advisor brings to the table can be invaluable in helping the benefits offered by CollegeChoice Advisor take your college savings even further. Together, you can clarify your investment goals chart a course to help achieve them. college. With access to saving strategies, simple savings tools, unique savings offers, Upromise can help you accelerate your college savings every day. When you join Upromise, you become a member of a community of like minded individuals share a common goal: Wondering about thewho impact of tax-deferred versus saving forassets? college. taxable If you made an initial investment of $2,500 contributed $200 each month for account. That s $9,156 more for college. Assumptions: $2,500 initial investment with subsequent annual rate of return on investment of 5% no funds * Upromise an optional program offered by Upromise, withdrawnisduring the time period specified; taxpayer Inc., from the tax CollegeChoice Advisor hasisaseparate 24% Federal income rate for all options at the 529 Savings is notdistribution. affiliated This withhypothetical the State of time of Plan, contributions Indiana. Terms conditions apply to theanupromise is for illustrative purposes only. It does not reflect program. Participating companies, contribution actual investment in any particular 529 plan or any taxeslevels, termsupon distribution. conditions areinvestment subject to change payable Actual returns may at any Transfers betime higherwithout or lower notice. than those shown. from Upromise to a CollegeChoice Advisor Savings account are subject to a $25 minimum. * Earnings on non-qualified withdrawals are subject to federal income tax may be subject to a 10% federal penalty tax, as well as state local income contingent meetingadvisor other requirements. Your on financial can help you ** This credit may be subject to recapture from the CollegeChoice Advisor was designed so that you your financial cantowork together to circumstances such asadvisor a rollover another state s 529 plan, a non-qualified withdrawal, or acreate withdrawal clarify your college savings goals a for K-12 tuition expenses at a school outside of Indiana. plan to help achieve them. In the event the contributor does not survive the fiveyear period, a pro-rated amount will revert back to

3 A future filled with unlimited potential College can make a big difference in a child s life, quality of life. But tomorrow s college education your student Make the choice to save even more the beneficiary can be any age live in any state, you can participate in the plan regardless of Put college savings on your wish list with this easyto-use online feature! Ugift lets you invite family friends to celebrate birthdays, holidays, graduations, other occasions with a gift contribution to your CollegeChoice Advisor account. This could be one of the most meaningful gifts of all help toward a college education. Tax benefits: Earnings grow tax-deferred your save for college tuition, certain room board costs, books, supplies, laptops/computers other Gift- estate-tax advantages: Contribute up to made over a five-year period. when you re ready to withdraw your money for state taxes.* Withdrawals: Use at any eligible 2- or 4-year college, vocational/technical school, or graduate school around Wondering about the impact of tax-deferred versus taxable assets? If you made an initial investment of $2,500 contributed $200 each month for account. That s $9,156 more for college. Assumptions: Assumptions: $2,500 initial investment with subsequent annual rate of return on investment of 5% no funds withdrawn during the time period specified; taxpayer has a 24% Federal income tax rate for all options at the time of contributions distribution. This hypothetical is for illustrative purposes only. It does not reflect an actual investment in any particular 529 plan or any taxes payable upon distribution. Actual investment returns may be higher or lower than those shown. *E Earnings arnings on non-qualified withdrawals are subject to federal income tax may be subject to a 10% federal penalty tax, as well as state local income contingent on meeting other requirements. ** TThis his credit may be subject to recapture from the circumstances, such as as a a rollover rollover to to another another state s state s circumstances such 529 plan, a non-qualified withdrawal, or a withdrawal for K-12 tuition expenses at a school outside of Indiana. IIn n the event the contributor does not survive the fiveyear period, a pro-rated amount will revert back to Ugift Give College Savings 1 2 your goals 3 Investments to meet Suggest a 529 gift They send a contribution Those gifts are invested It s all about choice. Everyone has a different time horizon, in your account contribution to family friends risk tolerance, overall financial plan. That s why CollegeChoice Advisor features a range of 21 investment options by some of the country s leading investment managers. The variety of styles asset classes will let you your financial advisor choose the investment option or options that will help you meet your specific financial goals. Upromise helps families save for There are three categories of investment options: college. With access to saving Year of Enrollment Portfolios strategies, simple savings tools, unique savings This popular approach tohelp college features offers, Upromise can you investing accelerate your seven Portfolios thatsavings invest in a number of managers. These college every day. When you join Upromise, one-stop investment Portfoliosof are based on the you become a member a community of year like a beneficiary scheduledwho to enter college. mindedisindividuals share a common goal: saving for college. Seven Year of Enrollment Portfolios offer a range of time periods from which to choose, including a College Portfolio for shorter-term enrollment horizons. Each Portfolio will automatically shift its asset allocation from a more aggressive mix of investments to one that is more conservative as the beneficiary approaches college age. * U promise is an optional program offered by Upromise, Upromise Inc., is separate from the CollegeChoice Advisor 529 Savings Plan, is not affiliated with the State of Indiana. Terms conditions apply to the Upromise program. Participating companies, contribution levels, terms conditions are subject to change at any time without notice. Transfers from Upromise to a CollegeChoice Advisor Savings account are subject to a $25 minimum.

4 A future filled with unlimited potential College can make a big difference in a child s life, quality of life. But tomorrow s college education save for college tuition, certain room board costs, books, supplies, laptops/computers other when you re ready to withdraw your money for state taxes.* your student the beneficiary can be any age live in any state, you can participate in the plan regardless of Tax benefits: Earnings grow tax-deferred your Gift- estate-tax advantages: Contribute up to made over a five-year period. Withdrawals: Use at any eligible 2- or 4-year college, vocational/technical school, or graduate school around Investments to meet your goals It s all about choice. Everyone has a different time horizon, risk tolerance, overall financial plan. That s why CollegeChoice Advisor features a range of 21 investment options by some of the country s leading investment managers. The variety of styles asset classes will let you your financial advisor choose the investment option or options that will help you meet your specific financial goals. There are three categories of investment options: Year of Enrollment Portfolios This popular approach to college investing features seven Portfolios that invest in a number of managers. These one-stop investment Portfolios are based on the year a With an understing of your goals objectives, your financial advisor can provide answers insights to help you keep your CollegeChoice Advisor account on track. Individual Portfolios Choose from 14 Individual Portfolios to create a personalized investment mix. Each Portfolio is invested in a single underlying investment. Underlying investments of the Portfolios are managed by a number of leading investment firms. Savings Portfolio Capital Preservation Portfolio A NexBank savings account that is FDIC-insured.* New York Life Capital Preservation Portfolio Wondering about the impact of tax-deferred versus beneficiary is scheduled to enter college. taxable assets? If you made an initial investment of $2,500 contributed $200 each month for account. That s $9,156 more for college. Assumptions: $2,500 initial investment with subsequent annual rate of return on investment of 5% no funds withdrawn during the time period specified; taxpayer has a 24% Federal income tax rate for all options at the time of contributions distribution. This hypothetical is for illustrative purposes only. It does not reflect an actual investment in any particular 529 plan or any taxes payable upon distribution. Actual investment returns may be higher or lower than those shown. * Earnings on non-qualified withdrawals are subject to federal income tax may be subject to a 10% federal penalty tax, as well as state local income contingent on meeting other requirements. ** This credit may be subject to recapture from the circumstances such as a rollover to another state s 529 plan, a non-qualified withdrawal, or a withdrawal for K-12 tuition expenses at a school outside of Indiana. In the event the contributor does not survive the fiveyear period, a pro-rated amount will revert back to Seven Year of Enrollment Portfolios offer a range of time periods from which to choose, including a College Portfolio for shorter-term enrollment horizons. Each Portfolio will automatically shift its asset allocation from a more aggressive mix of investments to one that is more conservative as the beneficiary approaches college age. * Except for the Savings Portfolio, investments in CollegeChoice Advisor are not insured by the FDIC. FDIC-insurance is provided for the Savings Portfolio only, which invests in an FDIC-insured omnibus savings account held in trust by the Authority at NexBank. Contributions to earnings on the investments in the Savings Portfolio are insured by the FDIC on a pass-through basis to each account owner up to the maximum amount set by federal law currently $250,000. The amount of FDIC insurance provided to an account owner is based on the total of: (a) the value of an account owner s investment in the Savings Portfolio; (b) the value of all other accounts held by the account owner at NexBank, as determined by NexBank FDIC regulations.

5 CollegeChoice Advisor 529 Savings Plan P.O. Box Kansas City, MO collegechoiceadvisor529.com For more information about the CollegeChoice Advisor 529 Savings Plan (CollegeChoice Advisor), contact your financial advisor, call , or visit collegechoiceadvisor529.com to obtain a Disclosure Statement, which includes investment objectives, risks, charges, expenses, other important information; read consider it carefully before investing. Before you invest, consider whether your or the beneficiary s home state offers any state tax or other state benefits such as financial aid, scholarship funds, protection from creditors that are only available for investments in that state s qualified tuition program. CollegeChoice Advisor is administered by the Indiana Education Savings Authority (Authority). Ascensus Broker Dealer Services, LLC ( ABD ), the Program Manager, its affiliates, have overall responsibility for the day-to-day operations, including investment advisory, recordkeeping administrative services, marketing. CollegeChoice Advisor s Portfolios invest in: (i) exchange-traded funds; (ii) mutual funds; (iii) separate accounts, or (iv) an FDIC-insured omnibus savings account held in trust by the Authority at NexBank. Except for the Savings Portfolio, investments in CollegeChoice Advisor are not insured by the FDIC. Units of the Portfolios are municipal securities the value of the units will vary with market conditions. Investment returns will vary depending upon the performance of the Portfolios you choose. Except to the extent of FDIC insurance available for the Savings Portfolio, depending on market conditions, you could lose all or a portion of your money by investing in CollegeChoice Advisor. Account Owners assume all investment risks, as well as responsibility for any federal state tax consequences. Not FDIC-Insured (except for the Savings Portfolio). No Bank, State, or Federal Guarantee. May Lose Value B_ES_INA_NYL 1018