Michigan launches advisor 529
The MI 529 Advisor Plan is managed and distributed through a partnering arrangement between TIAA-CREF Tuition Financing Inc. and Allianz Global Investors Distributors LLC. The plan features an age-based option, 2 static asset-allocation options, and 12 individual-fund options. The underlying funds consist of mutual funds from TIAA-CREF and from Allianz and its affiliated companies. Financial adivsors and their clients can choose between A shares and C shares.