RETIREMENT INCOME SOLUTIONS IS YOUR DC PLAN MISSING SOMETHING? For participants, the accumulation stage is only part of the journey. A transitional income strategy can help bridge the gap between saving and spending in retirement, and we offer a range of flexible solutions specifically designed for that purpose. Find out more at franklintempleton.com/dcincome Investors should carefully consider a fund's investment goals, risks, charges and expenses before investing. To obtain a Franklin Templeton fund summary prospectus and/or prospectus that contains this and other information, call 1-800-342-5236. Investors should read the prospectus carefully before investing. All investments involve risks, including possible loss of principal. Investing in a Franklin Templeton fund does not guarantee one's retirement needs will be met. © 2016 Franklin Templeton Distributors, Inc. All rights reserved.http://www.franklintempleton.com/dcincome