Title Group Brainstorming Session Group Brainstorming Session Moderated

Title Group Brainstorming Session

Group Brainstorming Session Moderated by: Rich Wolle, 529 Product Marketing Director, Advisor-Sold Products, Nuveen, A TIAA Company rich. wolle@nuveen. com • Rich Wolle, Rachel Ramos, Product Manager – Investment Services American Funds rmcr@capgroup. com

Session Rules GOAL: Participants will prioritize issues and actions. As a group, any noted progress on the identified items will be reported back during the 2019 CSF conference. Step 1: Find your group. Your • Richgroup Wolle, number is located on the back of badge. Step 2: Introduce yourself. Talk amongst yourselves and be prepared to take notes. Step 3: When time is up, elect one person to present your discussion points to the larger audience.

Topic #1: Tax Reform | Lifetime Education 1 2 3 Repositioning: How can our industry reposition 529 s as more than just college savings (ex: educational savings plan)? How do we address the various stages of education: primary, secondary, graduate school and retraining? Identification: Identify 2 -4 awareness opportunities. Timing: What is the optimal timing for changes to take place?

Topic #2: Share Class Suitability 1 Identification: What is the ideal share class structure for prospective and existing 529 investors? 2 Rationalization: How does the industry address multiple share class options? Is there a need for consolidation? 3 Timing: What is the optimal timing for changes to take place?

Next Steps Thank you for sharing your ideas! Identify issues and actions we can begin to measure as an industry. • Rich Wolle, We’ll revisit our progress at the 2019 CSF conference.