Putnam's college savings plan

Putnam 529 for AmericaSM is our 529 college savings plan, designed to help families prepare for the costs of higher education.

This 529 college savings plan provides a tax-advantaged way to save for one of life’s most important financial goals. With Putnam 529 for America, your savings grow free from federal income taxes in one of 16 investment options managed by Putnam Investments and other prominent fund families. When it’s time for college, the money can be withdrawn from the account tax free and used toward tuition at any accredited college or university in the United States.

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Putnam 529 for America is sponsored by the State of Nevada, acting through the Board of Trustees of the College Savings Plans of Nevada, and administered by the State Treasurer’s Office. Anyone may invest in the plan and use the proceeds to attend school in any state. Before investing, consider whether your state's plan or that of your beneficiary offers state tax or other state benefits such as financial aid, scholarship funds, and protection from creditors that may not be available through Putnam 529 for America. If you withdraw money for something other than qualified higher education expenses, you will owe federal income tax and may face a 10% federal tax penalty on earnings. Consult a tax advisor.

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Investors should carefully consider the investment objectives, risks, charges, and expenses of any fund before investing. For an offering statement containing this and other information for Putnam 529 for America, contact your financial representative or call Putnam at 1-877-PUTNAM529. Please read the offering statement carefully before investing.

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