BENEFITS OF FRANKLIN
TEMPLETON’S 529 PLAN

Franklin Templeton 529 College Savings Plan offers a flexible, convenient and trusted way to invest for your child’s education.

FLEXIBLE

  • Choose from most accredited two- and four-year colleges and universities and vocational schools, including many outside the U.S., as well as certified apprenticeships.1
  • Up to $10,000 per year per beneficiary can be used for tuition at eligible public, private and religious K-12 schools.1
  • Save for a child, grandchild, friends—even yourself.

CONVENIENT

  • Get started for as little as $25.
  • Set up automatic investments and make saving easy.
  • Crowdfund with family and friends using SpryngTM.

TRUSTED

  • Used by more than 200,000 families across the U.S.2
  • Established in 2003.
  • The parent, not the child, controls the money – even once the child become an adult.

Join thousands of other families and start saving today.

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Pop Quiz: Test Your 529 Knowledge

529 plans can be used for trade schools and apprenticeships

Want To Learn More?

Check out these materials to learn about successfully saving for college with the Franklin Templeton 529 College Savings Plan.

Learn More

Download the brochure.

Calculators

Determine your strategy.

Investment Options

Choose investments to meet your needs.


10 Things You Should Know About Franklin Templeton 529 College Savings Plan

1.

They Pay for More than Just Tuition

Savings can be used for any qualified tuition expenses. Additionally, savings can be used at accredited colleges and certain vocational schools for qualified expenses which can include mandatory fees, supplies, books or other required equipment, and room and board, if the beneficiary is enrolled at least half-time. Savings can also be used for certain certified apprenticeship expenses.1

2.

You Can Change Beneficiaries

The beneficiary can be changed to a member of the immediate or extended family (including siblings, grandchildren, nieces, nephews, cousins and more).

3.

The Owner Controls 529 Plan Assets

The account owner—not the beneficiary—maintains control of the assets, including how and when they will be used.

4.

Flexible Contribution Amounts

Franklin Templeton 529 College Savings Plan allows account owners to open an account with as little as $25 and contribute $305,000 per beneficiary over the lifetime of the account.3

5.

Wide Range of Schools

529 savings can be used at most accredited two- and four-year colleges and universities and vocational schools, including many outside the U.S., as well as certified apprenticeships. Up to $10,000 per year per beneficiary can be used for tuition for eligible public, private and religious primary and secondary educational institutions (K-12). At this time, it is not clear what, if any, expenses will be regarded as “tuition” in the case of public schools.1

6.

No Income Restrictions

Anyone can open a plan regardless of his or her income.

7.

Multiple Investment Options

Franklin Templeton 529 College Savings Plan offers a wide range of investment choices allowing you to invest your assets in the portfolio(s) that best suit your education savings goals.

8.

Convenience

Franklin Templeton 529 College Savings Plan offers features that make it a convenient way to save for college, including monthly automatic investment plans and portfolios that automatically rebalance as the beneficiary gets closer to college.

9.

Earnings Grow Tax Free

Earnings grow federal income tax-free, and earnings are free from federal income tax when withdrawn for qualified higher education expenses, used up to $10,000 per year for tuition for eligible primary and secondary schools, or up to $10,000 may be paid toward principal or interest of a student loan for the beneficiary or a sibling.1

10.

Estate Planning

Five years worth of gifts (up to $75,000 for an individual or $150,000 if a married couple) can be made at once to a 529 plan without owing federal gift tax, as long as no other gifts are made to the same beneficiary over the five years.


Take advantage of the many benefits Franklin Templeton has to offer and start saving today.

Open an Account