Employer Webinar

Helping your employees save for college is easy. For them and for you.

Omar Marquez Field Consultant ScholarShare 529 12 years financial service industry experience Relationship Banker Financial Advisor College Savings focus since 2017 Counsels families on how to save Helps employers establish college savings as part of their Financial Wellness benefits Works with top national employers and major universities. Omar Marquez Field Consultant ScholarShare 529

Your super power is helping your employees provide a brighter future for their families. And ScholarShare 529 is your sidekick.

What we’re going to talk about today How important saving for college is to your employees How the ScholarShare 529 Workplace Savings Plan can help How partnering with ScholarShare 529 is free and easy for you FAQs What happens next

How important is saving for college for your employees? So important it takes a hero like you.

Your employees care passionately about saving for college 88% One of the most important things I can do as a parent 73% Few things would make me prouder 72% I’m saving all I can Presenter notes: This slide is an opportunity to ask the audience what they think their employees would say about the importance of saving for college. Helping to pay for my child’s college education is one of the most important things I can do as a parent Few things would make me prouder than helping to pay for my child’s college education I am saving all I can for my child’s college education Source: 2017 ScholarShare Study of 1,000 California parents interested in saving for college

But higher education is expensive $122,496 Private university (4 year) Private university (4 year) $60,863 State university (4 year in-state) State university (4 year in-state) $37,000 Average student debt (2016) Average student debt (2016) Presenter notes: Poll audience on cost for private university, state university and average student debt. Numbers will appear on clicks in this order: state university, private university, student debt. Source: Bankrate.com national average for 2016 Source: College Board 2016 national average for tuition, fees, room and board

And your employees are worried their children… will not be able to attend college 39% will not be able to attend college of their choice 48% will be overwhelmed with debt 44% Presenter notes: This slide is another opportunity to ask the audience what they think their employees are worried about as it pertains to saving for college. Source: 2017 ScholarShare Study of 1,000 California parents interested in saving for college

What about those that are saving in a 529 college savings plan? 529 savers feel: 39% Confident Successful 33% 529 savers say: “I worry, but I know I can manage it.” “It distresses me that it is so expensive, and that is why I've been saving for years.” “We have saving accounts for them but not all of their costs will come from us.” “I worked part-time while I attended college and I think doing the same can develop real grit they would need to face life down the road.” Source: 2017 ScholarShare Study of 1,000 California parents interested in saving for college

When your employees feel good, you feel good When your employees feel good, you feel good. And a ScholarShare 529 Workplace Savings makes feeling good easy.

Unfortunately, only one in four parents are taking advantage of the federal and state tax benefits of saving in a 529 college savings plan. Benefits that could be worth thousands of dollars in extra money for college. $ $ $ $ Source: Strategic Insight 529 College Savings Quarterly Fee Analysis, First Quarter 2018

How ScholarShare 529 Workplace Savings can help Leap over high tuition and fees in a single bound!

Together, we can make a difference in the lives of your employees and their families. A ScholarShare 529 Workplace Savings Plan gives your employees access to 100% tax-free growth on their college savings. Design notes: Add design element to his page.

A very large difference. These tax savings can provide up to 25% more money to help pay for higher education.

25% more money for higher education expenses A closer look As much as 25% more money for higher education expenses Every investor’s situation will be different but most investors will benefit from ScholarShare 529’s tax-free growth Based on $5,000 initial contribution + $50 monthly contribution for 18 years with average rate of return of 7%. Assumes maximum federal capital gains tax of 28% and maximum California incremental tax rate of 20%

Every little bit helps. And a HERO like you can help them build an even bigger bit.

That’s right, free AND easy How partnering with ScholarShare 529 is free and easy for your company. That’s right, free AND easy

Offering a ScholarShare 529 Workplace Savings is free and easy for you. Easy to set up Simply assign a payroll slot for contributions Easy to manage Let us educate your employees Easy to maintain Employees manage their own accounts online

Offering a ScholarShare 529 Workplace Savings is free and easy for you. No employer costs No reporting No contract required No employer costs No reporting No contract required

It’s easy for employees too. Easy set up only takes about 15 minutes Easy to enroll at any time— no open enrollment period Easy to manage with our online system and college savings specialists always available to answer questions

More top employers are offering ScholarShare 529. Nearly 900 companies, municipalities and payroll services 11 of the largest employers in the state 100s of small and mid-sized businesses, even start-ups 27 of Fortune’s “best employers” to work for in the U.S. (that happen in be in California)* *Source:https://www.forbes.com/best-employers/list/2/#tab:rank_search:california Forbes Best Employers 2017 ranking (May 2017)

You can feel confident partnering with ScholarShare 529. Offered by: Managed by: TIAA-CREF TUITION FINANCING, INC. TIAA is a non-profit investment leader with over $930B in assets under management and nearly 100 years experience The only college savings program offered by the State of California

We like to call them “Frequently Awesome Questions.” FAQs We like to call them “Frequently Awesome Questions.”

Who can open a ScholarShare 529 account?

How much do employees have to contribute?

When should employees open a ScholarShare 529 account?

Where can ScholarShare 529 savings be used?

What happens if the beneficiary doesn’t need the money for tuition?

What if employees need the money for other reasons?

Who can help when employees have questions?

What happens when employees terminate?

We’ve covered a lot of good stuff today. Summary We’ve covered a lot of good stuff today.

ScholarShare 529 Workplace Savings Addresses a need your employees care about passionately Can provide thousands of dollars in tax savings to your employees Is offered by over 900 top firms from all around California Is easy to set up and is provided at no cost to employers

What happens next? Let’s start sending some kids to college! It doesn’t get much more heroic than that.

The next steps are easy. Reach out to me directly at (FC number/email hosting the webinar) Register for more information at https://www.scholarshare529.com/employer/ Email us at workplace529@ScholarShare.com Use the chat feature to let us know you want to be contacted Ask us to contact you on our Post-Meeting Survey Waiting on Yvette for CTAs.

Contact us at: 626.432.6325 Workplace529@ScholarShare.com

Thank you!

Important disclosures To learn more about the California 529 College Savings Plan, its investment objectives, tax benefits, risks, and costs, please see the Disclosure Booklet at ScholarShare529.com. Read it carefully. Check with your home state to learn if it offers tax or other benefits such as financial aid, scholarship funds or protection from creditors for investing in its own 529 plan. Consult your legal or tax professional for tax advice, including the impact of the new federal tax changes. Investments in the Plan are neither insured nor guaranteed and there is the risk of investment loss. If the funds aren't used for qualified higher education expenses, a 10% penalty tax on earnings (as well as federal and state income taxes) may apply. Non-qualified withdrawals may also be subject to an additional 2.5% California tax on earnings. TIAA-CREF Individual & Institutional Services, LLC, Member FINRA and SIPC, distributor and underwriter for the California 529 College Savings Plan. 453862