Establishing your investment goals
Through life event changes as well as changes in the markets, we understand you aren't simply investing your hard-earned money in our mutual funds. You are also investing your trust in us. We understand there are all different types of investors. That's why the suggestions we make and the investment strategy we help you create will be informed by working through the following steps together:
- Analyzing where you are today
- Identifying gaps with where you want to be
- Looking at strategies to close those gaps
- Getting you on track to achieve your goals
We'll do all of this thoroughly, thoughtfully and methodically. Because we're committed to the idea that the best financial relationships are about mutual understanding, not just about buying mutual funds. And it all starts with a conversation about what's most important to you. Contact a State Farm® registered agent.
Selecting mutual funds
How your investment account works
With as little as $1,000, our wide variety of account types lets you control and direct trading of funds within different fund families. The wide range of choices offered by American Funds® by Capital Group® and BlackRock® gives you more flexibility to work toward goals that could be right around the corner or as far away as retirement.
Our fund offering spans a broad range of asset classes
- U.S. Equity
- International Equity
- Target Date
- Taxable Bond
- Municipal Bond
- Money Market
- Traditional IRA
- Roth IRA
- Inherited Traditional IRA
- Inherited Roth IRA
- Individual Transfer on Death (TOD)
- Joint Transfer on Death (TOD)
- Joint with Rights of Survivorship (JWROS)
- Joint Tenants and Common (TIC)
- Joint Community Property
- 16 Investment Choices
- Age-Based and Static Investment Portfolios
For help with your specific needs, contact a State Farm registered agent.
Staying on track
Help keep today's distractions from derailing tomorrow's goals.
A lot can happen between the time you open your mutual funds account and when you expect to use your money.
This is why one of the biggest advantages of working with a State Farm registered agent is having access to someone who's available when you have questions or concerns about changes in the market or in your life. A professional you can count on to stay objective, respond rationally and who will be committed to helping you stay on track. Contact a State Farm registered agent.
The State Farm 529 Savings Plan (the "Plan") is sponsored by the State of Nebraska, administered by the Nebraska State Treasurer, as Trustee, and the Nebraska Investment Council provides investment oversight. Union Bank & Trust Company will serve as program manager and Northern Trust Securities, Inc. will serve as distributor. The Plan offers a series of Investment Options within the Nebraska Educational Savings Plan Trust (the "Trust") which offers other Investment Options not affiliated with the Plan. The Plan is intended to operate as a qualified tuition program to be used only to save for qualified education expenses, pursuant to Section 529 of the U.S. Internal Revenue Code.
Age Based Portfolios adjust automatically over time, becoming more conservative as your child reaches college age.
Investors should carefully consider investment objectives, risk, charge and expenses. This and other important information is contained in the fund prospectuses and summary prospectuses which can be obtained by visiting statefarm.com. Read it carefully. Securities distributed by State Farm VP Management Corp.
An investor should consider the Plan’s investment objectives, risks, charges and expenses before investing. The Program Disclosure Statement at statefarm.com® which contains more information, should be read carefully before investing.
Investors should consider before investing whether their or their beneficiary’s home state offers any state tax or other state benefits such as financial aid, scholarship funds, and protection from creditors that are only available for investments in such state’s qualified tuition program and should consult their tax advisor, attorney and/or other advisor regarding their specific legal, investment or tax situation.
Target Date Funds are portfolios whose investment objectives are adjusted over time to be more conservative as the target date (date the investor plans to start withdrawing their funds) approaches. The principal value of the fund(s) is not guaranteed at any time, including at the target date.
You could lose money by investing in the Money Market Fund. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. An investment in the Fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any other government agency. The Fund’s sponsor has no legal obligation to provide financial support to the Fund, and you should not expect that the sponsor will provide financial support to the Fund at any time.
Not FDIC Insured* | No Bank Guarantee | May Lose Value
(*Except the Bank Savings Investment Option)
Neither State Farm nor its agents provide tax or legal advice.
Participation in the Plan does not guarantee that contributions and the investment return on contributions, if any, will be adequate to cover future tuition and other higher education expenses, or that a beneficiary will be admitted to or permitted to continue to attend an eligible educational institution.
This material is provided for general and educational purposes only and is not intended to provide legal, tax or investment advice, or for use to avoid penalties that may be imposed under U.S. federal tax laws. This material is not an offer to sell or a solicitation of an offer to buy any securities. Any offer to sell units within the Plan may only be made by the Program Disclosure Statement and Participation Agreement relating to the Plan.
Nebraska Educational Savings Plan Trust Issuer
Nebraska State Treasurer Trustee
Nebraska Investment Council Investment Oversight
Union Bank and Trust Program Manager
State Farm VP Management Corp. Selling Dealer
Northern Trust Securities Distributor, Member FINRA, SIPC
Account owners do not own shares of the underlying investments, or, in the case of the Bank Savings Investment Option, directly hold a savings account, but rather own an interest in the Individual Investment Options offered by the State Farm 529 Savings Plan.
If assets are not used for qualified expenses, the earnings portion of the withdrawal is subject to federal income tax and an additional 10% federal tax and may be subject to state and local taxes. Qualified higher education expenses include tuition, fees, textbooks, supplies and equipment (including computers) required for enrollment or attendance and certain room and board expenses for the academic term during which the student is enrolled at least half time at an eligible educational institution. Expenses for special-needs students that are necessary in connection with their enrollment or attendance may also be eligible.
If the account owner dies before the end of the five-year period, a prorated portion of the contribution will be included in his or her taxable estate. If you contribute less than the $75,000 maximum, additional contribution can be made without incurring federal gift taxes, up to a prorated level of $15,000 per year. Federal gift taxation may result if a contribution exceeds the available annual gift tax exclusion amount remaining for a beneficiary in the year of the contribution.
No additional contributions can be made for any beneficiary when the fair market value of all accounts maintained for that beneficiary within all plans offered by the State of Nebraska reaches $500,000. Assets can grow beyond $500,000.
A "member of the family" includes an individual who is a son, daughter, stepson, stepdaughter or a descendant of any such person; a brother, sister, stepbrother, or stepsister; the father or mother, or an ancestor of either; a stepfather or stepmother; a son or daughter of a brother or sister; a brother or sister of the mother; a son-in-law, daughter-in-law, father-in-law, mother-in-law, brother-in-law, or sister-in-law; the spouse of the beneficiary or the spouse of any individual described above; or a first cousin of the beneficiary. For purposes of determining who is a “member of the family,” a legally adopted child or a foster child of an individual is treated as the child of that individual by blood. The terms “brother” and “sister” include half-brothers and half-sisters.
An eligible educational institution includes accredited post-secondary educational institutions or vocational schools in the United States and some abroad offering credit toward a bachelor’s degree, an associate’s degree, a graduate level or professional degree, or another recognized post-secondary credential. See www.fafsa.ed.gov/.
Non-Us residents disclosure:
Each of the investment products and services referred to on the State Farm Mutual Funds web site is intended to be made available to customers or prospective customers residing in the United States. The customer's U.S. permanent residence address must be a street address. This web site shall not be considered a solicitation or offering for any investment product or service to any person in any jurisdiction where such solicitation or offer would be unlawful.
Business Continuity Plan Disclosure for State Farm VP Management Corp.
State Farm VP Management Corp. has developed a Business Continuity Plan on how we will respond to events that significantly disrupt our business. Since the timing and impact of disasters and disruptions is unpredictable, we will have to be flexible in responding to actual events as they occur. With that in mind, we are providing you with this information on our business continuity plan.
Contacting Us – After a significant business disruption, if you cannot contact us as you usually do at 1-800-321-7520, you should contact your registered State Farm agent or go to our web site at statefarm.com®.
Our Business Continuity Plan – We plan to quickly recover and resume business operations as soon as possible after a significant business disruption and respond by safeguarding our employees and property, making a financial and operational assessment, protecting the firm’s books and records, and allowing our customers to transact business. In short, our business continuity plan is designed to permit our firm to resume operations as quickly as possible, given the scope and severity of the significant business disruption.
Our business continuity plan addresses: data back-up and recovery; all mission critical systems; financial and operational assessments; alternative communications with customers, employees, and regulators; alternate physical location of employees; critical supplier, contractor, bank and counter-party impact; regulatory reporting; and procedures to help ensure that our customers have prompt access to their funds and securities if we are unable to continue our business.
Our business continuity plan may be revised or amended. If changes are made, an updated summary will be promptly posted on our website (statefarm.com) or you may obtain an updated summary by calling us at the number below and requesting that a written copy be mailed to you.
Varying Disruptions – Significant business disruptions can vary in their scope, such as only our firm, a single building housing our firm, the business district where our firm is located, the city where we are located, or the whole region. Within each of these areas, the severity of the disruption can also vary from minimal to severe. In a disruption to only our firm or a building housing our firm, we may transfer our operations to a local site when needed and expect to recover and resume business within 1 business day. In a disruption affecting our business district, city, or region, we will transfer our operations to a site outside of the affected area, and expect to recover and resume business within 3 business days. In either situation, we plan to continue in business, transfer operations if necessary, and notify you through our web site statefarm.com, or our customer number how to contact us. In the unlikely event that the significant business disruption is so severe that it prevents us from remaining in business, our plan provides procedures to help ensure that our customers have prompt access to their funds and securities.
In all of the situations described above, in light of the various types of disruptions that could take place and that every emergency poses unique problems, it may take longer to resume operations during any particular disruption. If you have questions about our business continuity planning, you can contact us at 1-800-321-7520.
Important Information about Procedures for Opening a New Account
To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an Account.
What this means for you: When you open an account, we will ask for your name, address, date of birth and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents.