SHORTCUTS

529 Plan Details:

Enter your state:

World's Simplest College Calculator:

How old is your child?

Find a 529 Pro:

Enter your zip code:

Enroll In a 529 Plan:

View a list of participating plans

OPTIONS

529 PLANS

Edvest

Wisconsin

TIAA-CREF succeeded Wells Fargo as manager of Wisconsin's Edvest 529 savings program in October 2012. The revised program features two age-based options, twelve static portfolio options, and six individual fund options utilizing mutual funds from TIAA-CREF, DFA and PIMCO. A CD option and a principal plus interest option are also available.

5-Cap Rating

Resident:
Non-Resident:

Savingforcollege.com's 5-Cap Ratings provides an evaluation and comparison of 529 plans, utilizing a formula that examines dozens of factors grouped into the following categories. (Scale 0 to 5; 5 is highest)

Performance	Costs	Features	Reliability	Resident Upgrade

Start saving today

Access enrollment materials and open an account with Edvest in just a few easy steps.

Enroll Now

General

Did you know?

Residents are not limited to investing in their own state's plan. Another state may offer a plan that performs better and has lower fees. If there is no tax break offered for in-state investors ... shop around!

Also, the plan chosen does not affect which state the student enrolls in. An investor can live in NY, invest in a plan from NV and send a student to college in FL.

Research other state plans
or
Compare between state plans

Program type:

Savings

Telephone:

1-888-338-3789

Web site:

Click here to visit

Facebook

Click here to visit

How to enroll:

Enroll directly with the program.

Initial year of operation:

1997, but substantially changed in 2012

State agency(ies):

Wisconsin Department of Administration

Program manager:

TIAA-CREF Tuition Financing, Inc.

Program distributor:

TIAA-CREF Tuition Financing, Inc.

Manager contract term:

Premium subscription required for this data.

Eligibility

State residency requirements:

None

Who can be a participant/owner in the program?

U.S. citizens and resident aliens of legal age, UGMA/UTMA custodians, and legal entities.

Significant time or age restrictions imposed by the program:

None

Contributions

Maximum contributions:

Accepts contributions until all account balances in Wisconsin's 529 plans for the same beneficiary reach $330,000.

Minimum contributions:

$25 per investment option, or $15 per investment option with the automatic contribution plan.

Investment Options

Age-based investment options:

The Age-Based Option is offered in 2 different risk levels, each containing 9 portfolios of underlying mutual funds. Contributions are placed into the portfolio corresponding to the number of years to expected enrollment, and later reassigned to more conservative portfolios as the beneficiary approaches college enrollment.

Static investment options:

Select among 5 index-based multi-fund portfolios (Aggressive, Growth, Moderate, Conservative and Income), 5 active-based multi-fund portfolios (Aggressive, Growth, Moderate, Conservative and Income), two additional multi-fund portfolios, 6 individual-fund portfolios, a bank CD Portfolio and a principal plus interest portfolio that guarantees an annual interest rate of 1% - 3%.

Underlying investments:

Mutual funds managed by TIAA-CREF, DFA, and PIMCO.

Underlying fund allocations:

Premium subscription required for this data.

Investment performance link:

Premium subscription required for this data.

Portfolio Fees & Performance Lookup

Premium subscription required for this data.

Fees & Expenses

Enrollment or application fee:

None.

Account maintenance fee:

None.

Program management fees:

0.08% management fee, none for the Principal Plus Interest Portfolio. These figures do not include the state administrative fee (0.10%) which is currently being waived.

Expenses of the underlying investments:

Ranges from 0.09% to 0.37% (portfolio weighted average) in the age-based and static multi-fund portfolios, 0.07% to 0.20% in the individual-fund portfolios, none in the Principal Plus Interest portfolio. The CD option has no underlying expense beyond the management and state administration fee.

Total asset-based expense ratio:

0.08% - 0.45%

Taxes and other Benefits

Program match on contributions:

None.

State tax deduction or credit for contributions:

Contributions to a Wisconsin 529 plan of up to $3,000 per beneficiary per year (any filing status) are deductible in computing Wisconsin taxable income. Contributors do not need to be the account owner to claim the deduction. Contribution deadline is December 31. Beginning in 2010, parents no longer need to claim their child as a dependent in order to claim the deduction; however, the maximum deduction is reduced to $1,500 for a parent who is married and filing separately or who is divorced, unless the divorce judgment specified a different division of the $3,000 combined maximum.