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					 Make the Most Of Your
Investments for College
EdVestSM portfolios may invest in stock and bond investments. Stock investment values fluctuate in response to the
activities of individual companies and general market and economic conditions. Bond investment values fluctuate in
response to the financial condition of individual issuers, general market and economic conditions, and changes in
interest rates. In general, when interest rates rise, bond investment values fall and investors may lose principal value.
Consult a program description for additional information on these and other risks. There is no guarantee that an
account will grow enough to cover higher education expenses.

An investment in the Wells Fargo Money Market Portfolio is not insured or guaranteed by the FDIC or any other
government agency. Although the Portfolio seeks to preserve the value of your investment at $10.00 per share, it is
possible to lose money by investing in it. Consult the program description for additional information on these and
other risks.

An investor’s or a designated beneficiary’s home state may offer state tax or other benefits that are only available for
investments in that state’s qualified tuition program. Please consider this before investing.

Carefully consider the investment objectives, risks, charges, and expenses of EdVest before investing. For a current
program description, containing this and other information, call 1-888-338-3789 or visit Read it
carefully before investing.
EdVest is a state-sponsored 529 college savings plan administered by the Wisconsin Office of the State Treasurer. Wells Fargo Funds Management, LLC, a wholly owned
subsidiary of Wells Fargo & Company, provides investment management and administrative services to the EdVest plan. Shares in the program are distributed by Wells
Fargo Funds Distributor, LLC, Member FINRA/SIPC, an affiliate of Wells Fargo & Company. 116346 06-09

                                     NOT FDIC/NCUA INSURED  NO BANK GUARANTEE  MAY LOSE VALUE
Today’s Topics

 Why Invest for College?
 Investing in a 529 Plan
   The Benefits of EdVest
   EdVest Investment Options
   Getting Started
 Questions & Answers
Why Invest for College?

 Why is investing for college important?
   College can help a child or grandchild have a brighter
   Reduces reliance on student loans.
   Uses time and the power of compounding to your
   Keeps your options open by planning ahead.
Will You Have Enough for College?

The Rising Costs of a Four-Year College
   Tuition, books, room & board add up quickly

  $300,000                                                                                                                                 $394,719

                                                                                                  Private University
  $150,000                                                                                                                                 $177,784
  $100,000                                                                                        Public University
             2009           2011        2013         2015         2017        2019         2021         2023        2025         2027

   Costs based on 2008-2009 estimate of average tuition and room and board in current dollars for four-year public and private universities according to the 2008 Trends in
   College Pricing, published by the College Board. Projected pricing assumes a 6 percent annual increase in college costs.
The Power of Planning Ahead

                                                                                    Advantage of Investing
                                                                                      vs. Student Loans                                        $301.31
                                                                    $300               $165.56/month

Invest now or borrow later:                                         $250
To cover $25,000 in college
expenses, investing for 10                                          $200
years before college is a lot
cheaper than paying back                                            $150                        $135.75
loans for 10 years after
college.*                                                           $100


                                                                                        Monthly Investment                          Monthly Loan Repayment

   *Assumptions: Total cost of college $25,000; 8% annual return on investment and 8% loan interest rate, compounded monthly; 10-year investing period and 10-year loan payback
   period. Annual return does not represent the performance of any specific investment.
Investing in a 529 Plan
 EdVest – A Wisconsin 529 Plan

 A flexible, tax-advantaged investing program.
 A state-sponsored “Section 529” College Savings Program.
   Administered by the Wisconsin Office of the State Treasurer.
   Managed by Wells Fargo Funds Management, LLC.
 An easy, effective way to invest for higher education regardless
  of income level.
The Benefits of EdVest

 Tax advantages
      Wisconsin state tax deductions
      Income tax benefits
      Gift and estate tax benefits
 Flexibility
 Control of the account
 Eligibility

The availability of such tax or other benefits may be conditioned on meeting certain requirements.
Tax Advantages

 Wisconsin state tax deductions
   Any contributor can deduct up to $3,000 per dependent each
    year from their Wisconsin taxable state income for
    contributions to an account.
   Grandparents, great-grandparents, aunts, and uncles can
    also deduct up to $3,000 per child from their Wisconsin
    taxable state income for contributions to an account.
   Contribute by December 31 of the current tax year.
Tax Advantages

 100% Federal and Wisconsin state income tax-free qualified
 Qualified education expenses include:
   Tuition
   Room and board
   Books
   Certain special needs services

     This hypothetical illustration shows the growth of an annual investment of $5,000 made at the beginning
     of each year. It assumes a 28% tax bracket and a hypothetical annual return of 8%, compounded
     monthly. This chart is for illustration only and does not predict or guarantee the performance of any
     investment. Investors should consider their personal investment horizon and their current and
     anticipated income tax brackets when making an investment decision.
Gift and Estate Tax Benefits

 Contributions are considered a completed gift and are eligible
  for the annual $13,000 ($26,000 for married couples) gift tax
  and generation-skipping exemptions.
 For larger contributions, up to a $65,000 ($130,000 for married
  couples) one-time gift may be prorated over five years.
    IRS form 709 should be filed to report this contribution.
 All contributions are removed from the contributor’s taxable

 If donor contributes more than $13,000 in one year, and elects to apply the gift tax exclusion ratably over 5 years, but
 dies before the close of the 5-year period, the portion allocable to calendar years beginning after the date of death is
 included in the decedent’s estate.
   Gift and Estate Tax Benefits


                                                                             =   $195,000



                                $65,000                                      =   $195,000

                                $65,000                              Total = $390,000

The gift tax exclusion can be very powerful. In this example, a grandfather and grandmother each
provide 3 one-time gifts of $65,000 to 3 grandchildren. The $65,000 gifts are prorated over five
years and a total of $390,000 is removed from the couple’s taxable estate.

 Funds can be used at thousands of colleges, universities,
  technical schools, graduate schools, and trade schools
  nationwide, and many abroad.
 Money can be used for tuition, room and board, books, and
  other expenses.
    Under the 2009 economic stimulus bill, computer
     expenses are also considered qualified for 2009 and 2010.
 High contribution limit.
 Can use an Automatic Investment Plan or payroll deduction.

A program of regular investment cannot assure a profit or protect against a loss
in a declining market.
Control of Assets

 Control remains with the person who establishes the account.
 There is no obligation to distribute the funds.
      If the child doesn’t go to college, the owner can change the
       beneficiary or withdraw the funds.*
 The owner can:
      Choose a successor owner.
      Make distribution decisions concerning the assets.

*The earnings portion of non-qualified withdrawals is treated as income and is subject to applicable federal and
state income tax as well as an additional 10% federal tax.

 Everyone is eligible!
   Anyone of legal age can open an account for anyone else.
   There are no age limits on beneficiaries.
   Anyone can contribute to an existing account.
   You can even open an account for yourself.
 No income limits for contributors.
 Transfers allowed tax-free and penalty-free to eligible family
SAGE Scholars Tuition Rewards

 Allows EdVest account owners to receive discounts for
  undergraduate school tuition at participating private schools
  throughout the country.
    Awards tuition points based on your account balances – up
     to 10% annually.
    Each reward point equals $1 in guaranteed tuition discounts
     at participating private colleges and universities.
    Over 230 member schools.
    Enroll online at

 The Tuition Rewards program is offered and administered by SAGE Scholars, Inc., a private
 for-profit corporation. SAGE Scholars is not sponsored by or affiliated with Wells Fargo or the
 EdVest college savings plan.
EdVest Investment Options
EdVest Investment Options

 Wide Range of Investment Options to Meet Your Needs.
   Ten Fixed Allocation Options
       Offering a range of investments, from more
      aggressive to very conservative.
   Three Enrollment-Based Options
       Offering portfolios that are based on the number of
      years until college enrollment. These options
      automatically become more conservative as the years
      go by.
Fixed Allocation Portfolios
                                      Aggressive Portfolios
More Aggressive                                                                             Less Aggressive

            Vanguard Stock                                            Wells Fargo
             Index Portfolio                                       Aggressive Portfolio
                                                                            10% 13%
                                              Legg Mason
                                              Aggressive                      77%
            Invests entirely in the                                  Invests primarily in
            Vanguard Institutional                                  Wells Fargo Advantage
                 Index Fund.                     100%
                                                  100%                  U.S. stock and
                                                                     international funds.

                                         Invests entirely in the
                                          Legg Mason Special
                                        Investment Trust Fund.

                  International Stock Funds       Domestic Stock Funds       Bond Funds
Fixed Allocation Portfolios
                                 Moderate/Balanced Portfolios
More Aggressive                                                                                 Less Aggressive

             Wells Fargo                                                       Wells Fargo
           Moderate Portfolio
                                                                            Balanced Portfolio
                           10%                   Vanguard                             7%
                                                 Balanced                       50%
                           60%                   Portfolio

                  Invests primarily                30%-                              8%
                                                   40%                        Invests in both
                   in Wells Fargo                                               Wells Fargo
                                            60-70%        60%-70%
                   Advantage U.S.                                               Advantage
                    stock funds.                                              stock and bond
                                              Invests entirely in the
                                             Vanguard WellingtonTM

                     International Stock Funds       Domestic Stock Funds       Bond Funds
Fixed Allocation Portfolios
                                     Conservative Portfolios
Less Conservative                                                                               More Conservative

         Wells Fargo
                                                            Baird Bond

                                                                   100%                Wells Fargo
                                                                                      Money Market
                                 Wells Fargo                                            Portfolio
              Invests           Bond Portfolio             Invests entirely in the
            primarily in                                   Baird Aggregate Bond
            Wells Fargo                                            Fund.
            bond funds.                                                                       100%

                                                                                     Invests entirely in the
                                 Invests only in Wells                               Wells Fargo Advantage
                                   Fargo Advantage                                   Heritage Money Market
                                     bond funds.                                             FundSM

                               International Stock Funds        Bond Funds

                               Domestic Stock Funds             Money Market Funds
Enrollment-Based Portfolios
                            Aggressive Growth     Moderate Growth     Conservative Growth

     10+ Years to College

     7-9 Years to College

     4-6 Years to College

     1-3 Years to College

     In College

                                  International Stock Funds         Bond Funds

                                  Domestic Stock Funds              Money Market Funds
Why EdVest ? A Review

 Tax Advantages
 Flexibility
 Control of the Account
 Eligibility
 SAGE Scholars Tuition Rewards Program
 Multiple Investment Options

The availability of such tax or other benefits may be conditioned on meeting certain requirements.
Thank You