Alight College Savings Planner

Methodology

For each child the calculation assumes that the cost of college will increase at the rate of inflation provided by the user, that college savings will earn the hypothetical annual rate of return provided by the user, and that the periodic contributions will occur without interruption through the end of college.

The calculation assumes that the cost of college will increase at the rate of inflation provided by you or your financial consultant and that college savings will earn the hypothetical annual rate of return provided by you or your financial consultant.

The national average cost data is from The College Board's annual "Trends in College Pricing" report. All Rights Reserved. The college costs used in this calculator are based on data collected and provided by DST Systems, Inc., an SS&C company.

For the purposes of this calculator, college costs include tuition, fees, room & board, books & supplies, and other fees, as supplied to the College Board and WMSI from the institutions. The average costs are based on two and four year, public and private colleges for each state and nationally. There are different kinds of institutions in each region, and because of this, there may be a large variation in the actual costs for specific institutions.

This calculator assumes that overall college costs (education cost inflation) will increase each year by the rate you selected for each child\'s costs, with a default of 5%. The impact of inflation on higher education expenses is uncertain and the rate of inflation could exceed the rate of return on your investments. This calculator also allows you to enter your hypothetical average annual rate of return. You may wish to choose a conservative hypothetical average annual rate of return. The default is 5% should you not choose a specific return.

The savings goals depicted by this calculator are an estimate based on certain assumptions and cannot guarantee that the sufficient money will be saved. The calculation results are estimates based on the information you have provided. To help understand and use the calculation output effectively, please note the following items:

This calculation is for hypothetical purposes only. The information entered may vary from actual individual circumstances. The calculation relies on certain assumptions in addition to the information you provided and does not guarantee future performance of any investment option. WMSI will not be liable for any damages arising from the use or misuse of this calculator or from any errors or omission in the same.

Any calculation does not take into account the costs or fees associated with (1) transferring assets between the accounts, (2) the differences in the rate of return on investments within the account, (3) investing in the Plan (i.e., annual account fees), or (4) the effect of federal and/or state taxes. This calculator allows you to enter your hypothetical average annual rate of return. For a more accurate estimate of the investment required to fund your college costs, you may wish to choose a conservative expected rate of return on your investments.

State income tax rules on how withdrawals are handled may vary. The calculator results do not take into account any state tax issues.

Information and interactive planners are provided by WMSI and are made available to you and your financial consultant. We encourage you work with your financial consultant to develop a college savings strategy that is right for you.

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Client Information

Full Name

Financial Consultant Information

(If Applicable)

Full Name

Company

Address 1

Address 2

City

State

Zip

Phone number

E-mail address

Email address* (optional) to receive a copy of report as a PDF attachment:

*Please note that your email address will not be captured or stored. It will only be used in this instance to send you a copy of this report.

Alight College Savings Planner

Get personalized insight into how a tax-favored savings option, such as a 529 College Savings Plan, can help you save for college. Input your college funding goals, examine your total projected costs and estimate the monthly amount you need to save to meet your objective.

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Child 1

Results for Child 1

This hypothetical example is for illustrative purposes only

Estimated total education cost*

Amount to be funded

Based on current savings,
amount you'll cover

You'll need to save

This information may help you estimate how much to save for college. It is based on information and assumptions provided by you. No tax, investment, financial or legal advice is offered or given by this tool. In addition, information provided by this tool is intended to be an aid in determining how much to save for college and should not be relied upon as the only source of information for you to consider. The information and calculations are intended be illustrative and are supplied from sources we believe to be reliable, but we cannot guarantee their accuracy. Because your circumstances are unique, you need to assess your own situation and you may want to consult your tax or financial advisor for guidance.

DST Systems, Inc., an SS&C company, the plan sponsor, Alight Solutions LLC, and their subsidiaries and affiliates are not responsible for any errors or omissions or for the results obtained from the use of this comparison tool, nor do they have any fiduciary duties, responsibilities or liabilities relative to your use of or the results obtained with this illustrative tool. In no event shall SS&C, the Plan Sponsor Alight Solutions LLC or their subsidiaries or affiliates be liable for any indirect, special or consequential damages in connection with the results of your use of this information.

Annual College Cost	X
The College Savings Planner uses an estimate of the cost of one year of college in today’s dollars along with the Education Cost Inflation input to estimate future college costs. A national average cost or the cost for a specific school (comprehensive costs with tuition & mandatory fees plus room & board or tuition and mandatory fees only) can be selected from the select “College Search” function, or a customized college cost amount can be entered.

Annual College Cost

The College Savings Planner uses an estimate of the cost of one year of college in today’s dollars along with the Education Cost Inflation input to estimate future college costs. A national average cost or the cost for a specific school (comprehensive costs with tuition & mandatory fees plus room & board or tuition and mandatory fees only) can be selected from the select “College Search” function, or a customized college cost amount can be entered.

Annual rate of return	X
The College Savings Planner uses the specified hypothetical fixed average annual rate of return to estimate hypothetical earnings on education savings.

% of cost funded by you	X
The College Savings Planner takes into account a designated percentage of college cost to be funded by savings. Most families do not save the entire amount, but use student employment, education loans and financial aid to meet a portion of college costs.

Education cost inflation rate	X
The College Savings Planner uses the education cost inflation rate to estimate future college costs. The college cost inflation rate has tended to be higher than general inflation. On average, college costs have historically increased by between approximately 5% and 7% per year.