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Michigan (MI) 529 College Savings Plans
Michigan offers a direct-sold 529 savings plan (MESP) managed by TIAA-CREF Tuition Financing, Inc. and an advisor-sold 529 plan (MI 529 Advisor) managed by TIAA-CREF and distributed by Allianz Global Distributors LLC. Michigan also offers a prepaid tuition program (MET) open to Michigan beneficiaries.
Details for each Michigan 529 plan are available in the following links.
The Michigan Education Savings Program is similar to other TIAA-managed 529 savings programs. The Program features an age-based option, four multi-fund options, a single fund option and a principal protection option....
In Savingforcollege.com's latest quarterly rankings, this plan ranked in the top 10 for 1-year, 3-year, 5-year and/or 10-year performance.
The Michigan Education Trust prepaid tuition program offers several options to the Michigan family to lock in tuition at Michigan public institutions. What makes this program different than most is that contributions are irrevocable....
Advisor Sold Plans
MI 529 Advisor Plan, managed by TIAA-CREF Tuition Financing, Inc. and Allianz Global Investors Distributors LLC, features age-based, asset-allocation, and individual-fund portfolios using funds from Allianz, PIMCO and TIAA-CREF....