HOW CAN FRANKLIN INCOME FUND SUPPORT YOUR CLIENTS' EDUCATION EFFORTS?
In the Meet Dave brochure, Dave invests in Franklin Income Fund in 1970 and uses withdrawals for a series of events over the next 40+ years. When Dave's grandchildren were born, he invested a total of $235,000 in the Franklin Templeton 529 College Savings Plan for his four grandchildren.
What about the $55,000 Dave invested for his first grandchild, Nick, in 2003? Click on the hypothetical on the right to see what happened.
Click below to see the full Meet Dave story.
NEXT STEPS: GET A LIST OF YOUR CLIENTS
Franklin Templeton makes it easy for you by providing a list of clients who have not set up a Spryng profile or have not established AIP. Just fill out the form below to receive this valuable list.
Download hypothetical
Download this client-approved hypothetical and see how Grandpa Dave's initial $55,000 contribution in Franklin Templeton 529 College Savings Plan helped Nick pay for college.
Meet Nick, Dave's grandchild's hypothetical presentation
Nonqualified 529 withdrawals are subject to federal income tax, a 10% federal tax penalty, state income taxes and possible penalties.
Investors should carefully consider a mutual fund's and/or 529 college savings plan's investment goals, risks, charges and expenses before investing. To obtain a mutual fund summary prospectus and/or prospectus or the 529 plan Investor Handbook, which contains this and other information, talk to your financial advisor, call Franklin Templeton Distributors, Inc., the principal distributor of Franklin Templeton's U.S. registered mutual funds and the manager and underwriter for the 529 plan, at (800) DIAL BEN/342-5236 or visit franklintempleton.com. Investors should carefully read a mutual fund prospectus and/or 529 plan Investor Handbook before investing or sending money. With respect to investments in the 529 plan, consider whether the investor's, or the beneficiary's, home state offers any state tax or other state benefits such as financial aid, scholarship funds, and protection from creditors that are only available for investments in its qualified tuition program.
This material is not a recommendation of any particular security, is not based on any particular financial situation or need, and is not intended to replace the advice of a qualified attorney, tax advisor, investment professional or insurance agent. Before making any financial commitment regarding a Section 529 college savings plan, consult with the appropriate financial advisor.
1. Franklin Templeton 529 College Savings Plan is offered and administered by the New Jersey Higher Education Student Assistance Authority (HESAA); managed and distributed by Franklin Templeton Distributors, Inc., an affiliate of Franklin Resources, Inc., which operates as Franklin Templeton Investments. No federal or state guarantee. Principal value may be lost, and investing in the plan does not guarantee admission to any particular primary or secondary school or to college or sufficient funds for primary or secondary school or for college. Please refer to the Investor Handbook for more complete information.
2. Meet Dave is a hypothetical illustration to represent an investment in the Franklin Income Fund over time. It does not reflect an actual investment, investment expenses, or any potential taxes payable upon withdrawals. Returns are not guaranteed and may be less than or greater than what is illustrated.
See the Investor Handbook for more information on Franklin Templeton 529 College Savings Plan, including sales charges, expenses, general risks of the Plan, general investment risks and specific risks of investing in Plan portfolios, which can include risks of convertible securities; country, sector, region or industry focus; credit; derivative securities; foreign securities, including currency exchange rates, political and economic developments, trading practices, availability of information, limited markets and heightened risk in emerging markets; growth or value style investing; income; interest rate; lower-rated and unrated securities; mortgages, asset-backed and credit-linked securities; life settlement investments; restructuring and distressed companies; securities lending; smaller and midsize companies; and stocks.
