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12b-1 Fees

So-called “12b-1 fees” are fees paid out of fund assets to cover the costs of distribution and sometimes shareholder services. Typically, 12b-1

401(k) Plan

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

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 clergy.

529 Account Beneficiary

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

529 Account Owner

A person who establishes an account for a student to save money for qualified higher education expenses or tuition for elementary or secondary public, private, or religious schools; also calle

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 …

529 Plan Offering Circular

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

529 Plan or Program Manager

A financial services firm — a mutual fund company, a brokerage firm, an investment adviser, or an insurance company — that handles all of the transactions and investments within the plan.

529 Plan Sponsor

A state, a state agency or educational institution that chooses a plan manager and determines the rules and limits for its plan.

529 Plans

A 529 plan is a tax-advantaged savings plan designed to encourage saving for educational costs.

8-K

Public companies file Form 8-K, known as the "current report," to the SEC to announce major events that shareholders should know about, including bankruptcy proceedings, a change in corporate lea