1. Employer Webinar

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

4. 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

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

6. 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

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

8. 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

9. But higher education is expensive
$122, 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

10. 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

11. 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

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

13. 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

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

15. 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.

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

17. 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%

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

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

20. 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

21. 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

22. 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

23. 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:
Forbes Best Employers 2017 ranking (May 2017)

24. 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 years experience
The only college savings program offered by the State of California

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

26. Who can open a ScholarShare 529 account?

27. How much do employees have to contribute?

28. When should employees open a ScholarShare 529 account?

29. Where can ScholarShare 529 savings be used?

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

31. What if employees need the money for other reasons?

32. Who can help when employees have questions?

33. What happens when employees terminate?

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

35. 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

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

37. The next steps are easy.
Reach out to me directly at (FC number/ hosting the webinar)
Register for more information at
us at
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.

38. Contact us at: 626.432.6325 Workplace529@ScholarShare.com

39. Thank you!

40. 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