Principal Financial Group Inc · NASDAQ:PFG
Principal Financial — Investor Presentation (December 2023)
11 slides from Principal Financial's investor presentation, December 2023
Slide 1: Scholar's Edge 529 Plan: Dream. Learn. Save.
Scholar’s Edge 529 Plan Dream. Learn. Save. Investment management by: 1 •Scholar’s Scholar’sEdge Edge is 529 plan by The Education Trust Board of New Mexico offered
Slide 2: What is a 529 plan?
What is a 529 plan? A 529 plan is a tax-advantaged savings vehicle within the United States designed to save for future higher education expenses for a specified beneficiary. 2 • Scholar’s Edge 529 plan
Slide 3: Benefits of Scholar's Edge 529 Plan
Benefits of Scholar’s Edge 529 Plan Accessibility Flexibility We provide online resources and tools to easily We’ve improved Scholar’s Edge to make life’s manage your account across a range of topics: important choices even easier. • Additional contributions • Comprehensive range of investment optio
Slide 4: Grandparents and generational wealth transfer
Grandparents and generational wealth transfer Lessen your estate tax burden and empower future generations Potentially minimize some tax consequences with 529s Move assets out of your estate into a grandchild/beneficiary’s name Create a source of education funding that can go from generation to gene
Slide 5: Idea: Using RMDs to fund a 529 plan
Idea: Using RMDs to fund a 529 plan At age 72 you have to begin taking money annually out of your tax qualified retirement accounts (such as a traditional IRA) in the form of required minimum distributions (RMDs). These are taxable. Option A Option B Invest the RMD in Fund a 529 plan, minimizing gif
Slide 6: Financial aid
Financial aid Financial aid is needs based and is determined by: COST OF ATTENDANCE EXPECTED FAMILY CONTRIBUTION (EFC) FINANCIAL NEED OWNERSHIP STUDENTS PARENTS GRANDPARENTS Income included 50% of adjusted student 22%-47% of If providing financial in calculation gross income available income support
Slide 7: Actively invested. Principal Asset Management
Actively invested. Principal Asset Management As a global leader in asset management, we are focused on harnessing the potential of every opportunity to secure an advantage for our clients. ABOUT PRINCIPAL ASSET MANAGEMENT $525.2B AUM 23rd largest manager of worldwide institutional assets.1 11-year
Slide 8: Why Scholar's Edge?
Why Scholar’s Edge? Making brighter tomorrows a reality through smarter choices for education savings Legacy of Smarter outcomes Committed creating brighter through choice, value, and dedicated tomorrows and peace of mind partner • Deep asset allocation • Comprehensive range of • An ideal opportunit
Slide 9: Smarter outcomes through portfolio options
Smarter outcomes through portfolio options Multi-asset, multi-manager strategies combining the advantages of active management and the cost savings of passive management 11 4 15 Year of enrollment portfolios Target risk portfolios Individual portfolios Designed for those beneficiaries who are Provid
Slide 10: Disclosures
Disclosures Scholar's Edge® (“Scholar’s Edge” or the “Plan”) is operated as a qualified tuition program offered and sponsored by The Education Trust Board of New Mexico (the “Board”) and is available to all U.S. residents. Ascensus College Savings Recordkeeping Services, LLC is the Program Manager f
Slide 11: Disclosures
Disclosures Principal Global Investors leads global asset management at Principal® and includes the asset management operations of the following members of Principal®: Principal Global Investors, LLC; Principal Real Estate Investors, LLC; Principal Real Estate Europe Limited and its affiliates; Spec
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