The START Saving Program requires Louisiana residency to participate. It is subsidized by the state, resulting in no costs to the participant above the underlying fund costs. Vanguard funds and the State Treasurer's fixed income fund are utilized in the age-based and static portfolio options. Louisiana has established a separate program for K-12 savings, the Louisiana Student Tuition Assistance and Revenue Trust Kindergarten Through Grade Twelve Program, or START K12.
- Program typeSavings
- State agencyLouisiana Tuition Trust Authority (LATTA)
- Tax deduction
- Program ManagerLouisiana State Treasurer
- Program distributorNot applicable
Investors in START Saving Program can select from the following investment options. Click on a portfolio name for more information.
Sometimes referred to as the enrollment-based option, this is an investment approach where your asset allocation is programmed to change over time. Accounts for young beneficiaries are invested aggressively and accounts for beneficiaries with college right around the corner are invested much more conservatively. In some 529 plans, the age-based option operates by automatically transferring your investment from one static portfolio to another at certain points in time. Others utilize lifecycle funds or employ lifecycle-type tactics within the portfolio containing your investment so that it is not necessary to transfer your investment between portfolios.
|Portfolio||E.R.||% Equity||1YR Performance|
|Growth: Ages 0 through 5||0.14%||80%||-17.09%|
|Growth: Ages 11 through 15||0.12%||40%||-14.99%|
|Growth: Ages 16+||0%||0%||0.97%|
|Growth: Ages 6 through 10||0.13%||60%||-16%|
|Moderate: Ages 0 through 5||0.13%||60%||-16%|
|Moderate: Ages 6 through 10||0.12%||40%||-14.99%|
|Moderate: Ages 11 through 15||0.11%||20%||-13.93%|
|Moderate: Ages 16+||0%||0%||0.97%|
|Aggressive: Ages 0 through 8||0.14%||80%||-17.09%|
|Aggressive: Ages 13 through 15||0.12%||40%||-14.99%|
|Aggressive: Ages 16+||0%||0%||0.97%|
|Aggressive: Ages 9 through 12||0.13%||60%||-16%|