Investor Definitions

529 PLAN OFFERING CIRCULAR

529 plan document that has detailed information about the 529 plan; often called a disclosure statement, disclosure document, program description,…

5 years ago

529 EDUCATION SAVINGS PLAN

A type of 529 plan that lets an account owner open an investment account to save for the account beneficiary’s…

5 years ago

529 ACCOUNT OWNER

A person who establishes an account for a student to save money for qualified higher education expenses or tuition for elementary…

5 years ago

529 ACCOUNT BENEFICIARY

A current or future student for whom the 529 account is established.

5 years ago

403(B) PLAN

A type of tax-deferred retirement savings program available to employees of public schools, certain non-profits, and some members of the…

5 years ago

401(K) PLAN

An employer-sponsored retirement savings plan that gives employees a choice of investment options, typically mutual funds. Employees who participate in…

5 years ago

12b-1 Fees

12b-1 Fees are fees paid out of fund assets to cover the costs of marketing and selling fund shares. "Distribution…

5 years ago