Transcription of SUPPLEMENT NO. 2 DATED APRIL 3, 2018, TO THE …
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SUPPLEMENT NO. 2 DATED APRIL 3, 2018, TO THE …
1 TIAA PUBLIC SUPPLEMENT NO. 1 DATED SEPTEMBER 30, 2017, TO THE minnesota COLLEGE SAVINGS PLAN PLAN DISCLOSURE BOOKLET DATED JANUARY 30, 2017 This SUPPLEMENT No. 1 provides new and additional information beyond that contained in the January 30, 2017 Plan Disclosure Booklet and Participation Agreement (the Disclosure Booklet ) of the minnesota College Savings Plan (the Plan ). It should be retained and read in conjunction with the Disclosure Booklet. I. OVERVIEW OF THE PLAN On page 2 of the Disclosure Booklet, in the table entry for minnesota Tax Treatment, the following two bullet points are added to the table: Net contributions by a taxpayer who does not claim the minnesota tax credit for contributions are eligible for a subtraction from federal taxable income for minnesota income tax purposes each year up to $3,000 for a married couple filing joint income tax returns, and $1,500 for all other filers.
3 (5) These figures represent the estimated weighted annual expense ratios of the mutual funds in which the Investment Options invest plus the fees paid to the Plan Manager and to the State of Minnesota.
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