BAIRD FACTS
529s
TAX PLANNING
BAIRD WEALTH PLAN
RANDOM WORLD FACTS
100

In what year was Baird Founded?

1919

100

What is the most common intended use of a 529 plan?

 Saving for education expenses

100

True or False: Qualified Roth IRA withdrawals are generally tax-free.

True

100

What is the minimum prospective asset level generally required for a prospect to qualify for a Baird Wealth Plan?

$1 million or more in potential AUM

100

What is the most consumed beverage in the world after water?

Tea

200

Approximately what percentage of Baird employees own Baird stock (within 5%)?

About 85%

200

Who controls the assets in a typical 529 account: the beneficiary or the account owner?

The account owner

200

What tax form do most clients receive to report dividend and interest income?

Form 1099

200

Before requesting a Baird Wealth Plan, an advisor must complete either FATP or what training program?

Discovery Training

200

What is the only letter that does not appear in any U.S. state name?

Q

300

Baird has been recognized as one of the Fortune 100 Best Companies to Work For for how many consecutive years?

23 Years

300

True or False: You receive a federal tax deduction for contributions to a 529 plan.

False. Contributions are not federally deductible.

300

What is the term for selling an investment at a loss to offset capital gains?

Tax-loss harvesting

300

An advisor returns a marked-up draft but forgets to include a requested completion date. What does the planning department assume for a return date?

EOD on the prior business day of the scheduled present date

300

Which U.S. state has the longest coastline?

Alaska

400

As of June 30, 2026, approximately how much did Baird have in client assets?

More than $595 billion

400

Under current rules, what type of account may receive a rollover from a qualifying 529 plan?

A Roth IRA

400

A client donates appreciated stock directly to charity. What tax benefit are they often trying to avoid?

Capital gains tax

400

What document must accompany all Baird Wealth Plan requests (outside of legacy HT advisors)?

A completed Fact Finder

400

What country has the most lakes in the world?

Canada

500

Name four out of five of Baird complementary businesses.

·  Private Wealth Management

·  Asset Management

·  Fixed Income Capital Markets

·  Investment Banking/Equity Capital Markets

·  Global Private Equity

500

You have a 529 account with excess funds after college. Name three potential options available to the beneficiary or account owner.

·  Change the beneficiary

·  Use funds for another qualified education expense

·  Roll eligible amounts to a Roth IRA (subject to applicable rules)

·  Withdraw the funds and pay any applicable taxes/penalties on earnings

500

What is the lowest and highest Tax Bracket/Rate?

10% and 37%

500

Name seven planning topics typically included in a Baird Wealth Plan

·  Net Worth

·  Asset Allocation

·  Tax Planning

·  Education Funding

·  Retirement Planning

·  Risk Management

·  Estate Planning

500

What is the largest desert in the world?

Antarctica