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 EdVest.com. Read it carefully before investing.

EdVest is a state-sponsored 529 college savings plan administered by the State of Wisconsin. Wells Fargo Funds Management, LLC, a wholly owned subsidiary of Wells Fargo & Company, provides investment management and administrative services for the EdVest plan. Shares in the program are distributed by Wells Fargo Funds Distributor, LLC, Member FINRA/SIPC, an affiliate of Wells Fargo & Company. 206861 01-12

NOT FDIC INSURED NO BANK GUARANTEE MAY LOSE VALUE

Disclosure statementsDisclosure statements

Today’s topicsToday’s topics

Why invest for college?

Investing in a 529 plan

The benefits of EdVest

EdVest investment options

Getting started

Questions & answers

Why is investing for college important?

College can help a child or grandchild have a brighter future

Reduces reliance on student loans

Uses time and the power of compounding to your advantage

Keeps your options open by planning ahead

Why invest for college?Why invest for college?

Costs based on 2011-2012 estimate of average tuition and room and board in current dollars for four-year public and private universities according to the 2011Trends in College Pricing, published by the College Board. Projected pricing assumes a 6 percent annual increase in college costs.

The rising costs of a four-year college

Tuition, books, room & board add up quickly

Will you have enough for college?Will you have enough for college?

Private University

Public University

Private University

Public University$0

$100,000

$200,000

$300,000

$400,000

$500,000

2012 2014 2016 2018 2020 2022 2024 2026 2028 2030

$210,873

$454,439

Private University

Public University

*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.

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

$135.75

$301.31

$0

$50

$100

$150

$200

$250

$300

$350

Monthly Investment Monthly Loan Repayment

Advantage of Investing vs. Student Loans$165.56/month

The power of planning aheadThe power of planning ahead

A program of regular investment cannot assure a profit or protect against a loss in a declining market.This hypothetical illustration assumes an average annual return of 8%. Annual return does not represent the performance of any specific investment.

$301.31

Regular contributions of any amount can really add up over time.

This chart shows an account with monthly contributions over a 10-year period.

$125 per month

$250per month

$500 per month

$23,021

$92,083

$46,041

$0

$20,000

$40,000

$60,000

$80,000

$100,000

Putting time on your sidePutting time on your side

Investing in a 529 plan

A flexible, tax-advantaged investing program

A state-sponsored “Section 529” College Savings Program

Administered by the State of Wisconsin

Managed by Wells Fargo Funds Management, LLC

An easy, effective way to invest for higher education regardless of income level

EdVestEdVest – A Wisconsin 529 plan – A Wisconsin 529 plan

While not all investors may be able to take advantage of all the tax and other benefits of EdVest, here are four key features that may benefit you.

Tax advantages

Wisconsin state tax deductions

Income tax benefits

Gift and estate tax benefits

Flexibility

Control of the account

Eligibility

The benefits of The benefits of EdVestEdVest

Wisconsin state tax deduction

Up to $3,000 annually from taxable state income per beneficiary

Available for parents, grandparents, great-grandparents, aunts and uncles

Also available for individuals who open accounts for themselves

Contribute by December 31 of the current tax year

Tax advantagesTax advantages

100% Federal and Wisconsin state income tax-free qualified withdrawals

Qualified education expenses include:

Tuition

Room and board

Books

Certain special needs services

Tax advantagesTax advantages

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.

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.

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 estate

Gift and estate tax benefitsGift and estate tax benefits

= $390,000removed from the couple’s

taxable estate

$195,000

+

$195,000

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 gifts are prorated over five years and a total of $390,000 is removed from the couple’s taxable estate.

Gifts $65,000 per grandchild

Gifts $65,000 for same grandchildren

Grandfather Smith

Grandmother Smith

Gift and estate tax benefitsGift and estate tax benefits

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 (the student must be enrolled at least half-time), books, and other expenses

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.

FlexibilityFlexibility

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:

Make an investment change for existing assets once per calendar year, or at any time with a change in beneficiary

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.

Control of assetsControl of assets

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 members

EligibilityEligibility

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.

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 265 member schools

No fee to join

Enroll online at EdVest.com/sage

SAGE Scholars Tuition RewardsSAGE Scholars Tuition Rewards®®

EdVest investment options

Wide range of investment options to meet your needs

Eleven 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

EdVestEdVest investment options investment options

Aggressive Portfolios

Vanguard Small Cap Index Portfolio

Vanguard Stock Index Portfolio

Wells Fargo Aggressive PortfolioInvests entirely in the

Vanguard Institutional Index Fund.

Invests entirely in the Vanguard Small-Cap

Index Fund.

Invests primarily in Wells Fargo Advantage U.S. stock

and international funds.

International Stock Funds Domestic Stock Funds Bond Funds

100%100%

17%10%

73%

100%100%

More Aggressive Less Aggressive

Fixed allocation portfoliosFixed allocation portfolios

Vanguard International

Index Portfolio

Invests entirely in the Vanguard Total International

Stock Index Fund.

100%100%

Wells Fargo Moderate Portfolio

Invests entirely in the Vanguard WellingtonTM Fund.

Invests in both Wells Fargo Advantage

stock and bond funds.

Invests primarily in Wells Fargo Advantage U.S.

stock funds.

Vanguard Balanced Portfolio

Wells Fargo Balanced Portfolio

100%

Moderate/Balanced Portfolios

30%-40%

60-70%

8%

30%

13%

57%

60%-70%

30%-40%

41%

9%

50%

More Aggressive Less Aggressive

30%

International Stock Funds Domestic Stock Funds Bond Funds

Fixed allocation portfoliosFixed allocation portfolios

Wells Fargo Money Market

PortfolioVanguard Bond Index Portfolio

Wells Fargo Bond Portfolio

Invests entirely in the Vanguard Total Bond Market Index Fund.

Invests entirely in the Wells Fargo Advantage Heritage

Money Market FundSM

Invests only in Wells Fargo Advantage

bond funds.

Conservative Portfolios

100%

100% 100%

Less Conservative More Conservative

Invests primarily in Wells Fargo Advantage

bond funds.

70%

5%

25%

International Stock Funds

Domestic Stock Funds

Bond Funds

Money Market Funds

Wells Fargo Conservative

Portfolio

Fixed allocation portfoliosFixed allocation portfolios

10+ Years to College

7-9 Years to College

4-6 Years to College

1-3 Years to College

Aggressive Growth Moderate Growth Conservative Growth

In College

International Stock Funds

Domestic Stock Funds

Bond Funds

Money Market Funds

Enrollment-based portfoliosEnrollment-based portfolios

Although not all investors may be able to take advantage of all the tax and other benefits of EdVest, here is a recap of the key benefits.

Tax advantages

Flexibility

Control of the account

Eligibility

SAGE Scholars Tuition Rewards Program

Multiple investment options

Why Why EdVestEdVest? A review? A review

Thank You