PROPRIETARY AND CONFIDENTIAL © 2015 CollegeChoice Advisor 529 Savings Plan A College Savings Seminar [Registered Representative Name] [Firm Name] [Date]

1 PROPRIETARY AND CONFIDENTIAL © 2015 CollegeChoice Advisor 529 Savings Plan Agenda Cost of college Overview of 529 college savings plans Unique features and benefits of the CollegeChoice Advisor 529 Savings Plan Questions

2 PROPRIETARY AND CONFIDENTIAL © 2015 CollegeChoice Advisor 529 Savings Plan Introduction Their future is just ahead… Now is the perfect time to consider long-term education goals for your child or grandchild — or even for yourself! CollegeChoice Advisor offers: Access to a sophisticated, flexible college savings vehicle A range of investment options from leading investment managers Important tax advantages

3 PROPRIETARY AND CONFIDENTIAL © 2015 CollegeChoice Advisor 529 Savings Plan Indiana college costs are rising $9,023 $23,941 $87,676 $33,044 $100, (est.) Indiana 4-Year Public College*Indiana 4-Year Private College* * Average Indiana in-state tuition and fees. Source: The College Board, Trends in College Pricing, Other college costs are based on Indiana averages and assume a 6% (public) and 4% (private) inflation rate per year. Costs include tuition and fees. $30,000 $14,698 $53, (est.)

4 PROPRIETARY AND CONFIDENTIAL © 2015 CollegeChoice Advisor 529 Savings Plan A hefty expense for families Case study: Four years of tuition and fees (est.) ChildYears until college Public college (in-state) Private college Caroline (age 10)8$57,459$210,424 Megan (age 8)10$63,348$231,993 Alex (newborn)18$93,595$342,760 TOTAL$214,402$785,177 *Source: The College Board, Trends in College Pricing, Years 2025 and 2035 college costs are based on Indiana averages and assume a 6% (4-year public) and 4% (4-year private) inflation rate per year. Costs include tuition and fees.

5 PROPRIETARY AND CONFIDENTIAL © 2015 CollegeChoice Advisor 529 Savings Plan College: Is it worth the price? In 2013, median family income for those with a bachelor’s degree or higher was $103,256, versus $51,154 for high school graduates* A college graduate can earn as much as 65% more during a 40- year working lifetime than a high school graduate.** * Source: College Board, Trends in College Pricing, ** Source: College Board, Education Pays, 2013.

6 PROPRIETARY AND CONFIDENTIAL © 2015 CollegeChoice Advisor 529 Savings Plan Paying for college: Saving versus borrowing *

7 PROPRIETARY AND CONFIDENTIAL © 2015 CollegeChoice Advisor 529 Savings Plan 529 College Savings Plans

8 PROPRIETARY AND CONFIDENTIAL © 2015 CollegeChoice Advisor 529 Savings Plan What is a 529 college savings plan? A program designed to help families meet the rising cost of higher education Named after section 529 of the Internal Revenue Code Flexible, convenient, simple to establish and maintain Federal and state tax considerations Professionally managed investments Estate-planning and gift tax advantages

9 PROPRIETARY AND CONFIDENTIAL © 2015 CollegeChoice Advisor 529 Savings Plan Flexible account features Account owner Can be parent, grandparent, relative, or friend Retains control of how — and when — the money is used Can change the beneficiary to a “member of the family”* Owns the account, but anyone can contribute to it Beneficiary Student for whose benefit the account is established No family relationship required between beneficiary and account owner Beneficiary can open an account for his/her own higher education and career retraining * May be considered a taxable event if the new beneficiary is not a “member of the family” of the previous beneficiary. Please see the Disclosure Statement for a definition of “member of the family.”

10 PROPRIETARY AND CONFIDENTIAL © 2015 CollegeChoice Advisor 529 Savings Plan Federal and state tax considerations Earnings are tax deferred Earnings grow federal and state tax deferred until withdrawn Some states offer an income tax credit or deduction Indiana offers a tax credit— details later in this presentation Qualified withdrawals for higher education are tax free* Can be used for tuition, fees, certain room and board costs, books, supplies, and equipment Can be used at any eligible post-secondary institution in the U.S. and abroad: 2- and 4-year colleges, graduate schools (including medical, and law), and technical/vocational institutes * Earnings on non-qualified withdrawals are subject to federal income tax and may be subject to a 10% federal penalty tax, as well as state and local income taxes. The availability of tax or other benefits may be contingent on meeting other requirements.

11 PROPRIETARY AND CONFIDENTIAL © 2015 CollegeChoice Advisor 529 Savings Plan What if the beneficiary doesn’t use the assets? If the beneficiary does not attend college, the account owner can: Leave the money in the account until a later date Change the beneficiary to a “member of the family” (as per the respective 529 Plan Disclosure Statement) Make a non-qualified withdrawal* Withdrawals due to death, disability, scholarship, or attendance at a military academy Subject to federal income tax on earnings, but not the 10% federal penalty * Earnings on non-qualified withdrawals are subject to federal income tax and may be subject to a 10% federal penalty tax, as well as state and local income taxes. The availability of tax or other benefits may be contingent on meeting other requirements.

12 PROPRIETARY AND CONFIDENTIAL © 2015 CollegeChoice Advisor 529 Savings Plan Education savings programs: A comparison 529 plans Coverdell Education Savings Account UGMA/UTMA Income limitations NoneYes, certain adjusted gross income limits apply None Maximum overall investment Established by respective program (CollegeChoice Advisor: $298,770) $2,000 per beneficiary per year per beneficiary No limit Federal tax treatment* Non-deductible contributions; earnings grow tax-deferred while they remain in the account Tax-free withdrawals for qualified expenses* Non-deductible contributions; earnings grow tax-deferred while they remain in the account Tax-free withdrawals for qualified expenses* Income and capital gains taxed to minor † Investment options Ready-made portfolios of securitiesWide range of securities State tax-deductible contribution Varies by state (IN: State tax credit of 20% of contributions, up to $1,000 credit per year.**) No Accelerated gifting Yes ($70,000, single or $140,000, married)*** No *Earnings on non-qualified withdrawals are subject to federal income tax and may be subject to a 10% federal penalty tax, as well as state and local income taxes. The availability of tax or other benefits may be contingent on meeting other requirements. ** Credit may be subject to recapture from the account owner (not the contributor) in certain circumstances, such as a rollover to another state’s qualified tuition program or a non-qualified withdrawal. The Indiana state income tax credit does not apply to rollovers from another state’s qualified tuition program or to transfers from the Upromise service into a CollegeChoice Advisor account. *** In the event the contributor does not survive the 5-year period, a pro-rated amount will revert to the contributor’s taxable estate. † The first $1,000 of a child’s unearned income is tax exempt; the next $1,000 is taxed at the child’s rate; $2,000+ is generally taxed at parents’ rate if child is under 18, or a full-time student under age 24. If child is 19 or older at the end of the tax year and is not a full-time student, all investment income is taxed at the child’s rate. Please consult with your tax advisor.

13 PROPRIETARY AND CONFIDENTIAL © 2015 CollegeChoice Advisor 529 Savings Plan CollegeChoice Advisor & Ascensus Broker Dealer Services, Inc.

14 PROPRIETARY AND CONFIDENTIAL © 2015 CollegeChoice Advisor 529 Savings Plan A partnership for Indiana The Indiana Education Savings AuthorityOffice of the State Treasurer Kelly Mitchell, State Treasurer Program management, recordkeeping, and servicing by: Ascensus Broker Dealer Services, Inc. and its affiliates Professional investment management by: American Funds BlackRock Advisors, LCC Diamond Hill Capital Management, Inc. Pacific Investment Management Company LLC (PIMCO) T. Rowe Price Sallie Mae Bank

15 PROPRIETARY AND CONFIDENTIAL © 2015 CollegeChoice Advisor 529 Savings Plan CollegeChoice Advisor 529 Savings Plan Offers all 529 plan benefits plus… State income tax credit for Indiana taxpayers Credit of 20% of contributions, up to $1,000 maximum credit annually* Multi-manager investment platform Allows your financial consultant to design an allocation specific to your needs and goals Automatic Investment Plan (AIP)** Open an account for only $25/month Ways to save more: Ugift ® — Give College Savings Upromise ® * This credit may be subject to recapture from the account owner (not the contributor) in certain circumstances, such as a rollover to another state’s 529 plan or a non-qualified withdrawal. **A plan of regular investment cannot assure a profit or protect against a loss in a declining market.

16 PROPRIETARY AND CONFIDENTIAL © 2015 CollegeChoice Advisor 529 Savings Plan Asset managers

17 PROPRIETARY AND CONFIDENTIAL © 2015 CollegeChoice Advisor 529 Savings Plan CollegeChoice Advisor basics Minimum initial contribution: $25 Minimum subsequent contribution: Check/electronic bank transfer: $25 AIP: $50 monthly or $150 per quarter* Payroll deduction: $25 per pay period Maximum contribution: $298,770 * A plan of regular investment cannot assure a profit or protect against a loss in a declining market.

18 PROPRIETARY AND CONFIDENTIAL © 2015 CollegeChoice Advisor 529 Savings Plan Additional ways to save Ugift ® — Give College Savings Innovative feature lets you invite family and friends to celebrate occasions with the gift of college savings Perfect for holidays, birthdays, graduations in lieu of a toy or other gift Easy, online three-step process lets account owners create and send invitations and specially coded gift coupons Any gift contributions sent in are linked to the account owner’s CollegeChoice Advisor account One of the most meaningful gifts — money for a college education Ugift is a registered service mark of Ascensus Broker Dealer Services, Inc.

19 PROPRIETARY AND CONFIDENTIAL © 2015 CollegeChoice Advisor 529 Savings Plan Additional ways to save (cont’d) Upromise ® Service that helps families earn money for college with hundreds of America’s leading companies through everyday spending Shopping online and in-store Buying gas Dining out Traveling Join for free Link a Upromise account with a CollegeChoice Advisor account and earnings can be transferred automatically on a periodic basis ($25 minimum) * * Upromise is an optional service offered by Upromise, Inc., is separate from the CollegeChoice Advisor 529 Savings Plan, and is not affiliated with the State of Indiana. Terms and conditions apply to the Upromise service. Participating companies, contribution levels, and terms and conditions are subject to change at any time without notice. Transfers from Upromise to a CollegeChoice Advisor 529 Savings Plan account are subject to a $25 minimum. Upromise and the Upromise logo are registered service marks of Upromise, Inc.

20 PROPRIETARY AND CONFIDENTIAL © 2015 CollegeChoice Advisor 529 Savings Plan Summary: CollegeChoice Advisor 529 Savings Plan Designed to help families save for higher education Flexible account owner and beneficiary structure Tax-deferred growth Tax-free withdrawals when used for qualified higher education expenses* Indiana tax credit** Multi-manager investment program Additional ways to save — Ugift and Upromise Their future is just ahead… Prepare for it with CollegeChoice Advisor * Earnings on non-qualified withdrawals are subject to federal income tax and may be subject to a 10% federal penalty tax, as well as state and local income taxes. The availability of tax or other benefits may be contingent on meeting other requirements. ** Note that this credit may be subject to recapture from the account owner (not the contributor) in certain circumstances, such as a rollover to another state’s 529 plan or a non-qualified withdrawal.

21 PROPRIETARY AND CONFIDENTIAL © 2015 CollegeChoice Advisor 529 Savings Plan I’m here to help! [Registered Representative Name] [Firm name] [Telephone number] [ ] [Firm website] For more information about the CollegeChoice Advisor 529 Savings Plan, contact your financial advisor, call , or visit to obtain a Disclosure Statement, which includes investment objectives, risks, charges, expenses, and other important information; read and consider it carefully before investing. Upromise Investments, Inc., Distributor and Underwriter.

22 PROPRIETARY AND CONFIDENTIAL © 2015 CollegeChoice Advisor 529 Savings Plan Question & Answer

23 PROPRIETARY AND CONFIDENTIAL © 2015 CollegeChoice Advisor 529 Savings Plan For more information about the CollegeChoice Advisor 529 Savings Plan (“CollegeChoice Advisor”), contact your financial advisor, call , or visit to obtain a Disclosure Statement, which includes investment objectives, risks, charges, expenses, and other important information; read and consider it carefully before investing. Ascensus Broker Dealer Services, Inc. (“ABD”) is Distributor of CollegeChoice Advisor. If you are not an Indiana taxpayer, consider before investing whether your or the beneficiary’s home state offers any state tax or other benefits that are only available for investments in such state’s qualified tuition program. CollegeChoice Advisor is administered by the Indiana Education Savings Authority (Authority). ABD, the Program Manager, and its affiliates, have overall responsibility for the day-to-day operations, including investment advisory, recordkeeping and administrative services, and marketing. CollegeChoice Advisor’s Portfolios invest in: (i) exchange-traded funds; (ii) mutual funds; or (iii) an FDIC- insured omnibus savings account held in trust by the Authority at Sallie Mae Bank. Except for the Savings Portfolio, investments in CollegeChoice Advisor are not insured by the FDIC. Units of the Portfolios are municipal securities and 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 and state tax consequences. Not FDIC-Insured (except for the Savings Portfolio). No Bank, State, or Federal Guarantee. May Lose Value. CSINA_BRC_00216A 0215_CollegeSavingsSeminar