PLAN FOR THEIR POTENTIAL


PLAN FOR THEIR POTENTIAL

The Tax Cuts and Jobs Act approved expanded use of 529 plans to include tax-free distributions (after December 31, 2017) of up to $10,000 per year per student to pay for tuition at elementary or secondary public, private, or religious schools. 529 plans will continue to offer tax-free withdrawals for college expenses.

Helping families save for education.

The challenge of saving for education is one of the biggest financial demands most families will face.

For over a decade, Putnam's advisor-sold college savings plan has been helping families across America build their futures. Putnam 529 for America combines our investment expertise, 529 plan administration experience, and industry-recognized customer service standards.

Talk to your clients about Putnam 529 for America and how tax-free growth can help offset the potential burden of excessive student debt.

  • Your clients can roll over — at NAV — assets from any other 529 plan into Putnam 529 for America.
  • You may receive a dealer reallowance for all these rollovers. See your home office for details.

With a range of investments and a host of advisor resources, Putnam 529 for America can help you serve your clients and support their goal of a brighter future for their children.

Show your clients the benefits of tax-free growth

Send this email with a link to this page, highlighting the tax benefits of 529 plans.

Share our estate planning fact sheet with clients.

What your client needs to know »

The average cost of tuition and fees for a full-time year at a public, four- year institution is 40% higher than it was a decade ago.

Help clients determine how much they will need.

Try our college savings calculator

This example assumes contributions of $500 per month, a hypothetical 6% nominal rate of return compounded monthly with an effective return of 6.17%, and a 28% tax bracket for the taxable account. The returns shown are for illustrative purposes only. They are not representative of any particular investment and are not intended to predict the return of any investment, which will fluctuate. Regular investing does not ensure a profit or protect against loss in a declining market. Capital gains, exemptions, deductions, and local taxes are not reflected. Certain returns in a taxable account are subject to capital gains tax, which is generally a lower rate than ordinary income tax rate and would make the investment return for the taxable investment more favorable than reflected on the chart. Investors should consider their personal investment horizon and income tax brackets, both current and anticipated, when making an investment decision. These may further impact the results of the comparison.