Fill - Free fillable Account Application Schwab 529 Education Savings Plan (Charles Schwab) PDF form

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Schwab 529 Education Savings Plan

Account Application

• Use this Application to open a Schwab 529 Education Savings Plan Account. The Schwab 529 Plan is only available to U.S. citizens and U.S.

resident aliens.

• This Application should be accompanied by the Schwab 529 Guide and Participation Agreement (Guide), which should be read carefully

before investing. The Guide and additional forms can be downloaded at schwab.com/forms, or you can call us to order any form – or request

assistance in completing this form – at 1-888-903-3863.

• Type in your information and print out the completed Application, or print clearly, preferably in capital letters and black ink. Mail the

Application to the address below. Do not staple.

• We respect your privacy. As required by law, Schwab and/or American Century Investments

will use the information provided to verify your

identity as well as to open and service your Account. We will also use the information to communicate with you about your Schwab 529 Plan

Account, and, if you are a Schwab client, you may receive communications about other products and services available through Schwab.

Read about Schwab’s privacy policy at schwab.com/privacy and American Century Investments’ privacy policy at americancentury.com.

• If you are not a Kansas taxpayer, consider before investing whether your or the Designated Beneficiary’s home state offers a

529 plan that provides its taxpayers with state tax benefits and other benefits not available through this plan.

1. Account type

Select one of the Account types below.

Individual Account. An Account established by one adult who owns and controls assets intended to be used for the Qualified

Education Expenses of a Designated Beneficiary.

Joint Tenant Account. An Account established by more than one adult who owns and controls assets intended to be used for

the Qualied Education Expenses of a Designated Beneciary. Joint Accounts will be established as joint tenants with rights

of survivorship. The rst Account Owner’s name and Social Security number will be used for IRS reporting purposes.

Trust Account. An Account established by a Trust. (Please see Section 2c for instructions on documentation.)

UGMA/UTMA Account. An Account funded with assets held in a UGMA/UTMA custodial account for the benet of

the Designated Beneciary indicated in Section 3 of this Account Application. The custodian will be treated as the owner

of the Account and has the duty to transact on behalf of the minor until the custodianship terminates under the terms of the Act

under which it was established. The Designated Beneciary, who is the minor, cannot be changed.

Indicate the state (please abbreviate) in which the UGMA/UTMA custodial account was opened.

Minor-Owned Account. An Account established for the benet of a minor, who is both the Account Owner and Designated

Beneciary and cannot be changed. An adult Responsible Individual establishes and controls the Account on behalf of the minor until

the minor reaches the age of majority in his or her state of residence, at which time the Responsible Individual will be automatically

removed from the account and the minor will assume control of the assets. This type of Account is typically established using

proceeds from a Coverdell Education Savings Account (ESA) previously set up for the minor. (To establish a minor as the Account

Owner, enter the minor’s information in Section 2a and then enter a Responsible Individual’s information in Section 4.)

Return the completed Application

and any other required documents to:

Schwab 529 Plan

P.O. Box 2906

Shawnee Mission, KS 66201-2906

Or fax to: 1-617-559-8913

For overnight delivery or registered mail, send to:

Schwab 529 Plan

920 Main St, Suite 900

Kansas City, MO 64105

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2. Account Owner information (The Account Owner is the person, persons, or Trust who owns the Account.)

• If establishing a Joint Tenant Account, complete Section 2a and Section 2b. If the Account Owner is a Trust, only complete Section 2c.

If establishing a UGMA/UTMA Account, the custodian will complete Section 2a. Statements will be sent to the Primary Account Owner’s

address unless the Account Owner is a minor. Statements will then be sent to the Responsible Individual’s or Custodian’s address.

A. Primary Account Owner or Custodian.

Primary Account Owner/Custodian Legal Name (rst, middle initial, last)

Social Security Number Birth Date (mm/dd/yyyy)

Citizenship: U.S. Citizen U.S. Resident Alien

Citizenship (If other than U.S. citizen, please indicate country of citizenship.)

Daytime Telephone Number Cellular Telephone Number

Email Address

Home/Legal Address (No P.O. or private mailboxes permitted.)

City State Zip Code

Mailing Address if different from above (P.O. boxes may be used.)

City State Zip Code

Employer information.

Check one. Employed Self-employed Retired Student Homemaker Not employed

Employer Occupation/Position

Business Street Address

—

City State Zip Code

Provide the following information required by securities industry regulations.

Note: If your Account is managed by an Independent Investment Advisor and enrolled in Schwab Institutional

, do not complete this section.

Investment Experience:

None Limited Good Extensive

Annual Income:

Under $15,000 $15,000 – $24,999 $25,000 – $49,999 $50,000 – $99,999 $100,000 or more

Liquid Net Worth:

Under $25,000 $25,000 – $49,999 $50,000 – $99,999 $100,000 – $249,999

$250,000 or more, specify:

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4. Account Owner information (Continued)

B. Joint Account Owner information. (We will use the Primary Account Owner name and Social Security number listed in Section 2a

for IRS reporting purposes.)

Joint Account Owner Legal Name (rst, middle initial, last)

Social Security Number Birth Date (mm/dd/yyyy)

Citizenship: U.S. Citizen U.S. Resident Alien

Citizenship (If other than U.S. citizen, please indicate country of citizenship.)

Daytime Telephone Number Cellular Telephone Number

Check if the Joint Account Owner’s address is the same as the Primary Account Owner’s address, otherwise complete the following:

Home/Legal Address (No P.O. or private mailboxes permitted.)

City State Zip Code

Employer information.

Check one. Employed Self-employed Retired Student Homemaker Not employed

Employer Occupation/Position

Business Street Address

—

City State Zip Code

Provide the following information required by securities industry regulations.

Note: If your Account is managed by an Independent Investment Advisor and enrolled in Schwab Institutional

, do not complete this section.

Investment Experience:

None Limited Good Extensive

Annual Income:

Under $15,000 $15,000 – $24,999 $25,000 – $49,999 $50,000 – $99,999 $100,000 or more

Liquid Net Worth:

Under $25,000 $25,000 – $49,999 $50,000 – $99,999 $100,000 – $249,999

$250,000 or more, specify:

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4. Account Owner information (Continued)

C. Trust Account Owner

Trust Name

Taxpayer Identication Number Trust Date (mm/dd/yyyy)

Telephone Number (In case we have a question about your Account.)

Permanent Street Address (This address will be used as the Account’s address of record for all Account mailings.)

City State Zip Code

Trust Annual Income:

Under $15,000 $15,000 – $24,999 $25,000 – $49,999 $50,000 – $99,999 $100,000 or more

Trust Liquid Net Worth:

Under $25,000 $25,000 – $49,999 $50,000 – $99,999 $100,000 – $249,999

$250,000 or more, specify:

List Trustees. List the names of the Trustees authorized by governing documents to direct transactions with respect to this Account.

You must attach a copy of the appropriate documentation that supports the identity of the Trustees. We may also request

additional information from you.*

Trust: Attach copies of pages within the Trust document that include 1) Title of Trust, 2) Date of Trust agreement, 3) Full names of

Trustees, and 4) All Trustee signatures. Do not send any portions of the Trust document beyond those stated here. All other portions

submitted will not be acknowledged, reviewed, or monitored for compliance.

Trustee Name (rst, middle initial, last)

Social Security Number Birth Date (mm/dd/yyyy)

Employer information.

Check one. Employed Self-employed Retired Student Homemaker Not employed

Employer Occupation/Position

Business Street Address

—

City State Zip Co de

Investment Experience:

None Limited Good Extensive

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Account Owner information (Continued)

Trustee Name (rst, middle initial, last)

Social Security Number Birth Date (mm/dd/yyyy)

Employer information.

Check one. Employed Self-employed Retired Student Homemaker Not employed

Employer Occupation/Position

Business Street Address

—

City State Z ip Co de

Investment Experience:

None Limited Good Extensive

3. Designated Beneciary information (The person whose qualied education expenses will be paid from the Account.)

Designated Beneciary Legal Name (rst, middle initial, last)

Social Security Number Birth Date (mm/dd/yyyy)

Citizenship: U.S. Citizen U.S. Resident Alien

Citizenship (If other than U.S. citizen, please indicate country of citizenship.)

Daytime Telephone Number Cellular Telephone Number

Check if the Designated Beneciary’s address is the same as the Account Owner’s address, otherwise complete the following:

Home/Legal Address (No P.O. or private mailboxes permitted.)

City State Zip Code

Relationship to Account Owner: Spouse Child Grandchild Relative Other

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4. Responsible Individual information (Only complete this section if the Account Owner in Section 2a is a minor.)

• A Responsible Individual is required when the Account Owner is a minor. The Responsible Individual is the person who can transact

on the Account until the minor reaches the age of majority in his or her state of residence. The Responsible Individual’s address will

be used as the Account’s address of record for all Account mailings.

Responsible Individual Legal Name (rst, middle initial, last)

Social Security Number Birth Date (mm/dd/yyyy)

Citizenship: U.S. Citizen U.S. Resident Alien

Citizenship (If other than U.S. citizen, please indicate country of citizenship.)

Daytime Telephone Number Cellular Telephone Number

Home/Legal Address (No P.O. or private mailboxes permitted.)

City State Zip Code

Mailing Address (P.O. boxes may be used.)

City State Zip Code

Relationship to Account Owner: Parent Relative Other

Employer information.

Check one. Employed Self-employed Retired Student Homemaker Not employed

Employer Occupation/Position

Business Street Address

—

City State Zip Co de

Investment Experience: None Limited Good Extensive

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5. Successor Account Owner/Responsible Individual information (Optional, but recommended.)

• Disregard this section if the Account Owner is a Trust.

• Complete this section to name a Successor Account Owner in the event of the death of all the Account Owners or Successor

Responsible Individual in the event of the death of the Responsible Individual. The Successor Account Owner must be over the age of 18.

• If you choose to complete Section 5, you are required to provide full name, Social Security number, and date of birth.

• You may revoke or change the Successor Account Owner/Responsible Individual at any time. See the Guide for more information.

Successor Account Owner/Responsible Individual Legal Name (rst, middle initial, last)

Social Security Number Birth Date (mm/dd/yyyy)

Citizenship: U.S. Citizen U.S. Resident Alien

Citizenship (If other than U.S. citizen, please indicate country of citizenship.)

Daytime Telephone Number Cellular Telephone Number

Home/Legal Address (No P.O. or private mailboxes permitted.)

City State Zip Code

Relationship to Account Owner: Parent Relative Other

Employer information.

Check one. Employed Self-employed Retired Student Homemaker Not employed

Employer Occupation/Position

Business Street Address

—

City State Zip Code

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6. Financial Professional authorization (Optional)

• Section 6a should be completed by the Financial Professional.

• Complete Section 6b to provide the Financial Professional listed in Section 6a with limited authority to act on your Account(s).

• You may only designate one level of authorization.

A. Financial Professional information.

Firm Name

Financial Professional Name (rst, middle initial, last)

Master Account Number Telephone Number

Firm Address

City State Zip Code

7. B. Authorization level.

I (We), the Account Owner(s), listed in Section 2, appoint the Financial Professional above. (Please initial the appropriate level of

access that applies to the Account.)

Level 1 – Account Inquiry Access. Authorized to obtain information about my Account and receive duplicate

Account statements.

Level 2 – Account Inquiry Access, Contributions, and Exchanges. Authorized to obtain information about my Account;

receive duplicate Account statements; add or update my bank information; make a contribution and change Investment Options

within my Account.*

Level 3 – Account Inquiry Access, Contributions, Exchanges, and Withdrawals. Authorized to obtain information

about my Account; receive duplicate Account statements; add or update my bank information; make a contribution; change

Investment Options and withdraw money from my account.*

* By selecting an authorization level, you hereby authorize the Financial Professional or a representative of the above named rm

to act on your behalf when transacting business. The Financial Professional or Investment Advisor Firm listed above shall have no

authority to take any other action, including, but not limited to:

• Changing the address of record on my account(s),

• Establishing or re-establishing services such as telephone or online capabilities on my account(s),

• Changing the Designated Beneciary,

• Adding or changing the Successor Account Owner/Responsible Individual,

• Signing or e-signing an Account Application or otherwise opening a new registration on my behalf, or

• Transferring assets to a new registration.

I acknowledge and accept my authority to access and perform transactions on the Schwab 529 Account on behalf of the Account

Owner(s) listed in Section 2 of this Account Application in accordance with the authorization level selected above.

SIGNATURE

Signature of Financial Professional Date (mm/dd/yyyy)

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7. Overall investment objective

Capital Preservation Income Growth Speculation

8. Select your Schwab 529 Education Savings Plan portfolio

• Before choosing your investment option, see the Guide.

• Your initial and subsequent contributions will be invested in the portfolio(s) you select.

• Within both the Age-Based Tracks and the Static Portfolios, you have the option of selecting actively managed and/or index funds

that best suits your investing style and goals.

Note: Age-Based Tracks were designed for post-secondary education savings. If you plan to use your account for K-12 or near term

expenses, you may want to consider a Static Portfolio with a conservative, short-term time horizon.

This information is not, and should not be regarded as “investment advice” or as a “recommendation” regarding a course of

action. You should consult a professional advisor before making any tax, legal, financial planning or investment decisions.

Age-Based Tracks:

Your contribution will be invested in the appropriate portfolio based on the age of the Designated Beneciary and the track selected

below. As your Designated Beneciary gets older, your assets will move to a progressively more conservative portfolio.

Aggressive

Moderately Aggressive

Moderate

Moderately Conservative

Aggressive (Index)

Moderately Aggressive (Index)

Moderate (Index)

Moderately Conservative (Index)

Aggressive

Moderately Aggressive

Moderate

Moderately Conservative

Conservative

Short-Term

Aggressive (Index)

Moderately Aggressive (Index)

Moderate (Index)

Moderately Conservative (Index)

Conservative (Index)

Short-Term (Index)

Money Market

001

Actively Managed

Index

Actively Managed

Index

Static Portfolios

The assets will remain in the portfolio(s) you select below until you choose a new Investment Option.

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9. Fund your Schwab 529 Education Savings Plan Account

Source of funds (Check all that apply.)

A. Personal check.

Important: All checks must be payable to Schwab 529 Plan.

, .

Amount

B. Bank Information. This is required to establish bank services for an EFT and/or recurring contributions (see below). If you select

either of these options and a preprinted voided check is not provided, the information on the investment check will be used, if

applicable. At least one of the Account Owners must be listed on the bank account registration to establish bank instructions

for investments and withdrawals. If you’d like to establish bank instructions from a bank account owned by someone other than

yourself, you and the Bank Account Owner(s) must complete an Account Features Form.

• Enclose a voided preprinted check.

Important: By completing this Application, you agree and conrm that your ACH transactions will not involve the branches or

ofces of a bank or other nancial services company located outside the territorial jurisdiction of the United States.

Bank Name

B1. Electronic Fund Transfer (EFT). Through EFT, you can make a contribution whenever you want by transferring money

from your bank account. We will keep your bank instructions on le for future EFT contributions. To set this up, you must

provide a voided check as instructed. If you do not provide a voided check, the information on the investment check will be

used, if applicable. The Plan may place a limit on the total dollar amount per day you may contribute to an account by EFT.

(The amount below will be a one-time EFT contribution to open your Account.)

, .

Amount

B2. Recurring Contributions. You can have a set amount automatically transferred from your bank account on the frequency

you specify. Money will be transferred electronically at regular intervals from your nancial institution to your Schwab

529 Plan Account. You may change the investment amount and frequency at any time by logging onto your Account at

schwab.com.

Amount of Debit:

, .

Frequency (Check One.): Monthly Quarterly Semi-Annually Annually

Start Date:*

Date (mm/dd/yyyy)

* Your instructions must be received at least 3 business days prior to the indicated start date; otherwise, debits from your

bank account will begin the following month on the day specied. If a date is not specied, the investment will be made

on the 15th of the month. If the date you select falls on a weekend or a holiday, the investment will be made the next

business day. The frequency is based on start date, not calendar date.

Note: A plan of regular investment cannot assure a prot or protect against a loss in a declining market.

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Annual Increase. You may increase your recurring contribution automatically on an annual basis. Your contribution

will be adjusted each year in the month that you specify by the amount indicated.

Amount of Increase:

, .

Month:**

** The month in which your recurring contribution will be increased. The rst increase will occur at the rst instance of

the month selected. Annual increases are subject to the general contribution limits of the Schwab 529 Plan and will

also count toward annual federal gift tax exclusion limits.

C. Schwab One or Schwab brokerage account. Move money out of your Schwab One or Schwab brokerage account to fund

your Schwab 529 Plan Account. Provide your Schwab One or Schwab brokerage account number below.

, .

Amount Schwab Account Number

D. Rollover from another 529 plan, or an ESA to the Schwab 529 Plan. By law, rollovers between 529 plans with the same

Designated Beneciary are permitted only once every 12 months. If you are including a check with this Application, you will need

to provide a statement from the prior provider that reects the amount of earnings and contributions represented by the rollover;

otherwise, the entire amount will be considered earnings. See the Guide for more information. If you are not including a check with

this Application, complete and include with this Application a Schwab 529 Plan Incoming Rollover Form, available online at

schwab.com/forms or by calling 1-888-903-3863.

Note: If rolling over from an ESA, the Beneficiary must be named as the Account Owner (in Section 2) and the Designated

Beneficiary (in Section 3) on this Application. A Responsible Individual must be named for the Account (in Section 4) if the

Designated Beneficiary is a minor. The Designated Beneficiary/Account Owner may not be changed on the Account. When the

minor reaches the age of majority, the minor will have full control of the Account.

To move money out of your Schwab Education Savings Account (ESA/Coverdell) to fund your Schwab 529 Plan Account, provide your

ESA account number below.

, .

Amount Schwab Account Number

E. Payroll Deduction. If you want to make contributions to your Schwab 529 Plan Account directly as a Payroll Deduction,

you must contact your employer’s payroll ofce to verify that you can participate. Payroll Deduction contributions will not be made

to your Schwab 529 Plan Account until you have received a Payroll Deduction Confirmation Form from the Schwab 529 Plan,

provided your signature and Social Security number on the Form, and submitted the Form to your employer’s payroll ofce.

The amount you indicate below will be in addition to Payroll Deductions that you may have previously established for other Schwab

529 Plan Accounts.

Amount of Payroll Deduction each pay period:

, .

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10. Authorization to open Account (Account Owners named in Section 2 or the Responsible Individual named in Section 4 must sign

the Application.)

By signing this Application, I (We) acknowledge that I (we) have received and read a copy of the Guide and the attached Application

Agreement, which contains a predispute arbitration provision. I (We) acknowledge that my (our) signature(s) signies and constitutes my

(our) agreement that this Account and my (our) relationship with Schwab and American Century will be governed by the Guide and the

Application Agreement each as amended from time to time.

By signing below, you acknowledge that by investing in a 529 plan outside the state in which you pay taxes, you may lose

any tax benets offered by your own state’s plan.

Under penalties of perjury, I certify that:

(1) The number shown on this form is my correct taxpayer identication number (or I am waiting for a number to

be issued to me), and

(2) I am not subject to backup withholding because: (a) I am exempt from backup withholding, or (b) I have not

been notied by the Internal Revenue Service (IRS) that I am subject to backup withholding as a result of a

failure to report all interest or dividends, or (c) the IRS has notied me that I am no longer subject to backup

withholding, and

(3) I am a U.S. person (including a U.S. resident alien).

Certication instructions. You must cross out item 2 above if you have been notied by the IRS that you are currently

subject to backup withholding because you have failed to report all interest and dividends on your tax return.

The IRS does not require your consent to any provision of this document other than the certications required to

avoid backup withholding.

NOTE THAT SECTION 3 ON PAGE 14 OF THE ATTACHED APPLICATION AGREEMENT CONTAINS A PREDISPUTE

ARBITRATION AGREEMENT.

SIGNATURE

Signature of Primary Account Owner/Responsible Individual/Custodian Date (mm/dd/yyyy)

SIGNATURE

Signature of Joint Account Owner (if applicable) Date (mm/dd/yyyy)

SIGNATURE

Signature/Title for Trustee (if applicable) Date (mm/dd/yyyy)

SIGNATURE

Signature/Title for Trustee (if applicable) Date (mm/dd/yyyy)

Schwab Financial Consultant Information. This portion is to be completed by a Schwab Financial Consultant.

Financial Consultant Name (rst, middle initial, last)

FC Beta ID Branch Name Branch Code

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11. Schwab 529 Education Savings Plan Account Application Agreement

Section 1: Scope of Agreement.

Please sign exactly as your name appears in the Account

Owner Information section. If the Account Owner is a minor, the

Responsible Individual must sign in Section 10.

• I authorize American Century Services, LLC (American Century

Investments

) and its agent to open a Schwab 529 Education

Savings Plan account in the name of the Account Owner.

• I understand that if I open a Schwab 529 Plan Account, it will be

an account with American Century Investments and not Schwab.

I, or my Investment Advisor if I have one: (i) am responsible for

determining the nature, potential value and suitability for me of

any particular track, investment strategy, transaction or security;

(ii) have an afrmative duty to monitor prots and losses in my

account; and (iii) will rely on multiple sources of information

in making investment decisions for my account, and any

information Schwab will provide will not serve as the sole basis

for any investment decision I make or have made on my behalf.

Schwab will not act as an investment advisor to me and, unless

Schwab agrees otherwise in writing, will act only as a broker-

dealer to me with respect to my account(s) custodied at Schwab.

• I acknowledge that I have received and read the Schwab 529

Plan Guide and Participation Agreement and this Application,

and agree to be bound by their terms and all amendments. I

am of legal age.

• I authorize American Century, it’s agents and Schwab to act upon

my instructions for the services I have selected on this form.

• I (We) certify that any ACH transactions will not involve the

branches or ofces of a bank or other nancial services company

located outside the territorial jurisdiction of the United States.

• In consideration of American Century and Schwab providing

the online services and those established on this form, the

undersigned agrees to defend, hold harmless and indemnify

American Century and its ofcers, agents, employees, afliates

and successors; the Kansas State Treasurer; the State of

Kansas; and Schwab from all losses, claims, expenses and

liabilities that any of them may suffer arising from, or as a result

of, American Century’s and Schwab’s acceptance of transaction

instructions through these services.

• I acknowledge and agree that American Century, it’s agents

and Schwab may share the personal information about the

Designated Beneciary and me that I provide in this Application

and other account related documents. American Century and

Schwab will share this information to open my account, to

process my transactions and to provide service for my account.

• I acknowledge that my designated Financial Professional named

in Section 6 has been empowered to act on my behalf, with

respect to my Schwab 529 Plan accounts, under a separate

agreement with the listed broker/dealer rm, consistent with

the authority level I have indicated in Section 6b of this

Application. This authority does not include address changes,

transferring ownership of units, changing the Designated

Beneciary, Successor Account Owner or Successor Responsible

Individual or establishing convenience services.

• I understand that accounts established under the Schwab 529 Plan

are domiciled at American Century and not Schwab. The earnings

from those accounts are neither insured nor guaranteed by the

State of Kansas, the Kansas State Treasurer, American Century

Investments or Charles Schwab & Co., Inc.

• I acknowledge that Schwab and American Century and it’s

agents shall not be responsible in any way for determining the

appropriateness of contributions; the amount, character, timing,

purpose or propriety of any distribution or withdrawal; or any other

action or non-action taken at the Account Owner’s request. The

Account Owner and Designated Beneciary shall at all times fully

indemnify and hold harmless Schwab, its successors and assigns

from and against any and all liability, loss, damage or expense,

including attorneys’ fees, which may arise in connection with the

Schwab 529 Plan, except liability arising from the negligence or

willful misconduct of Schwab.

• I understand that the Program will not accept any contribution

in excess of the Maximum Account Balance of all Kansas 529

Plan accounts.

The following section applies solely to you and Schwab and/or any

controversy or claim between you and Schwab.

Section 2: Required Arbitration Disclosures.

Regulatory authorities require that any brokerage agreement

containing a predispute arbitration agreement must disclose

that this agreement contains a predispute arbitration clause.

This Agreement contains a predispute arbitration clause. By

signing an arbitration agreement, the parties agree as follows:

• All parties to this Agreement are giving up the right to sue

each other in court, including the right to a trial by jury,

except as provided by the rules of the arbitration forum in

which a claim is led.

• Arbitration awards are generally nal and binding; a party’s

ability to have a court reverse or modify an arbitration award

is very limited.

• The ability of the parties to obtain documents, witness

statements and other discovery is generally more limited in

arbitration than in court proceedings.

• The arbitrators do not have to explain the reason(s) for

their award unless, in an eligible case, a joint request for

an explained decision has been submitted by all parties

to the panel at least 20 days prior to the rst scheduled

hearingdate.

• The panel of arbitrators will typically include a minority

of arbitrators who were or are afliated with the

securitiesindustry.

• The rules of some arbitration forums may impose time limits

for bringing a claim in arbitration. In some cases, a claim

that is ineligible for arbitration may be brought in court.

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• The rules of the arbitration forum in which the claim is led,

and any amendments thereto, shall be incorporated into

thisAgreement.

No person shall bring a putative or certied class action to

arbitration, nor seek to enforce any predispute arbitration

agreement against any person who has initiated in court a

putative class action; or who is a member of a putative class

who has not opted out of the class with respect to any claims

encompassed by the putative class action until:

1. the class certication is denied;

2. the class is decertied; or

3. the customer is excluded from the class by the court.

Such forbearance to enforce an agreement to arbitrate shall not

constitute a waiver of any rights under this Agreement except to

the extent stated herein.

Section 3: Arbitration Agreement.

Any controversy or claim arising out of or relating to (i) this

Agreement, any other agreement with Schwab, an instruction

or authorization provided to Schwab or the breach of any such

agreements, instructions, or authorizations; (ii) the Account,

any other Schwab account or Services; (iii) transactions in the

Account or any other Schwab account; (iv) or in any way arising

from the relationship with Schwab, its parent, subsidiaries,

afliates, ofcers, directors, employees, agents or service

providers (“Related Third Parties”), including any controversy

over the arbitrability of a dispute, will be settled by arbitration.

This arbitration agreement will be binding upon and inure to the

benet of the parties hereto and their respective representatives,

attorneys-in-fact, heirs, successors, assigns and any other

persons having or claiming to have a legal or benecial interest

in the Account, including court-appointed trustees and receivers.

This arbitration agreement will also inure to the benet of third-

party service providers that assist Schwab in providing Services

(“Third-Party Service Providers”) and such Third-Party Service

Providers are deemed to be third-party beneciaries of this

arbitration agreement.

The parties agree that this arbitration agreement will apply even

if the Application to open the Account is denied and will survive

the closure of your Account and/or the termination of services

rendered under this Agreement.

Such arbitration will be conducted by, and according to the

securities arbitration rules and regulations then in effect of, the

Financial Industry Regulatory Authority (FINRA) or any national

securities exchange that provides a forum for the arbitration of

disputes, provided that Schwab is a member of such national

securities exchange at the time the arbitration is initiated. Any

party may initiate arbitration by ling a written claim with FINRA

or such eligible national securities exchange. If arbitration

before FINRA or an eligible national securities exchange is

unavailable or impossible for any reason, then such arbitration

will be conducted by, and according to the rules and regulations

then in effect of, the American Arbitration Association (AAA).

If arbitration before the AAA is unavailable or impossible for

any reason, the parties agree to have a court of competent

jurisdiction appoint three (3) arbitrators to resolve any and all

disputes or controversies between or among the parties. Each

party shall bear its own initial arbitration costs, which are

determined by the rules and regulations of the arbitration forum.

In the event of nancial hardship, the arbitration forum may waive

certain costs in accordance with such rules. At the conclusion of

the hearing, the arbitrators will decide how to assess the costs of

the arbitration among the parties.

Any award the arbitrator makes shall be nal and binding, and

judgment on it may be entered in any court having jurisdiction.

This arbitration agreement shall be enforced and interpreted

exclusively in accordance with applicable federal laws of the

United States, including the Federal Arbitration Act. Any costs,

fees or taxes involved in enforcing the award shall be fully

assessed against and paid by the party resisting enforcement of

said award.

For FINRA arbitrations, FINRA will appoint a single public

arbitrator in customer cases decided by one arbitrator. In

customer cases decided by three arbitrators, investors have

the option of choosing an arbitration panel with two public

arbitrators and one non-public arbitrator (Majority-Public Panel

Rule) or a panel of all public arbitrators (Optional All-Public

Panel Rule). If the customer declines to elect a panel selection

method in writing by the applicable deadline, the Majority-Public

Panel Rule for selecting arbitrators will apply.

All notices from one party to the other involving arbitration shall

be considered to have been fully given when so served, mailed

by rst-class, certied or registered mail, or otherwise given by

other commercially accepted medium of written notication.

In addition to the above provisions, if a party to this Agreement

is or becomes a non-U.S. resident at the time of any controversy

subject to this arbitration agreement, such party acknowledges

and agrees to the following additional provisions:

(1) The rules of the organization administering the arbitration

specically provide for the formal designation of the place at

which the arbitration is to be held.

(2) Entering into this Agreement constitutes consent to submit to

the personal jurisdiction of the courts of the state of California,

U.S.A., to interpret or enforce any or all of these arbitration

provisions. Judgment on any arbitration award may be entered

in any court having jurisdiction, or Application may be made to

such court for judicial acceptance of the award and an order of

enforcement, as the case may be.

Schwab 529 Education Savings Plan Account Application Agreement (Continued)

113764A_ES_KSS 0219 — Page 15 of 16

DO NOT STAPLE

Schwab 529 Education Savings Plan Account Application Agreement (Continued)

(3) The exclusive language to be used by the parties and the

arbitrators in the arbitration proceedings shall be English. Any

party wishing an interpreter shall make all arrangements directly

with the interpreter and shall assume all costs of the service.

(4) If a party is a foreign government or state, state-owned or

state-operated enterprise or other instrumentality of a foreign

government or state, such party waives all rights of sovereign

immunity and neither the Federal Act of State doctrine nor

the doctrine of sovereign immunity shall apply insofar as any

enforcement in courts located in the U.S.A. is concerned.

Waiver of Class Action or Representative Action.

Neither you nor Schwab shall be entitled to arbitrate any claims

as a class action or representative action.

You and Schwab agree that any actions between us and/or

Related Third Parties shall be brought solely in our individual

capacities. You and Schwab hereby waive any right to bring a

class action, or any type of representative action against each

other or any Related Third Parties in court. You and Schwab

waive any right to participate as a class member, or in any other

capacity, in any class action or representative action brought by

any other person, entity or agency against Schwab or you.

Section 4: Business Continuity Program.

Schwab has a comprehensive business continuity program in

place to address the possibility of service disruptions, which

is reviewed, updated and tested on a regular basis. Schwab’s

business continuity plan is available at www.schwab.com.

Section 5: Information About SIPC.

To obtain information about Securities Investor Protection

Corporation (SIPC), including an explanatory SIPC brochure,

please contact SIPC at www.sipc.org or 1.202.371.8300.

113764A_ES_KSS 0219 — Page 16 of 16

DO NOT STAPLE

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