General InformationDownload PDF Report
MI 529 Advisor Plan
MI 529 Advisor Plan, managed by TIAA-CREF Tuition Financing, Inc., features age-based, asset-allocation, and individual-fund portfolios using funds from ten investment managers. To find a financial advisor in your area, use the Directory of Financial Professionals.
- Program typeSavings
- Inception2009
- State agencyMichigan Department of Treasury
- Tax deductionTax deduction for single filers $5,000/yrTax deduction for joint filers $10,000/yr
- Program ManagerTIAA-CREF Tuition Financing, Inc.
- Program distributorNuveen Securities, LLC
- Manager contract termUNLOCK PRO
Ratings & Rankings
Our overall rating for MI residents
This is an excellent program with many benefits for the participant and positive investment attributes. If it has any significant weaknesses then it also has some particularly good things to recommend it.
Our overall rating for non-residents
This is a very good program that offers valuable benefits but may have some limitations or concerns that investors need to know.
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.
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.
Each plan's performance score is developed directly from Savingforcollege.com's Quarterly 529 Performance Rankings. A 529 savings plan must have at least one year of performance history before they will be assigned a 5-cap rating. For those plans that are not part of our quarterly performance rankings, such as plans offering a single set of bank-based investment options, we assign a performance score by evaluating the returns currently available on similar types of investments outside of 529 plans.
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.
We compare the total average asset-based expense ratio of the plan to other 529 savings plans. We also compare the asset-based expense attributable to program manager and administrator fees, because these represent the additional costs of using the 529 plan over and above the costs of investing directly in the plan's underlying investments. We also adjust for plans that charge on enrollment fee and/or annual account management fee. For advisor-sold plans, we compare the sales loads on the "A" share class. And we also penalize plans offering a menu of investment options that you can find in a different 529 plan but at a lower cost.
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.
How "state-of-the-art" is this 529 plan? What extra features does it provide for the benefit of its participants? Among the features we look for are investment menus covering the full range of investor risk; the ability of the plan to hire and fire investment managers or replace their underlying mutual funds; creditor protection under the sponsoring state's laws; FDIC-insured options; purchase rewards programs; other participant perks; and minimum and maximum contribution restrictions.
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.
No one likes unpleasant surprises, and here we look for the warning signs. We assign a rating to the 529 plans based on many considerations including industry experience of the outside program managers; plan popularity; risk of plan upheaval; quality of program disclosures and other materials; state due diligence practices; investment reporting; flexibility to make account changes; withdrawal restrictions; and rollover procedures.
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 Resident 5-Cap Rating may be higher than the Non-Resident 5-Cap Rating if the 529 plan or the state offering it provides special benefits to residents of the state. These benefits might consist of a state tax deduction or credit for contributions to the plan that are not available for contributions to an out-of-state 529 plan; a matching contribution program; a break on fees and expenses; an advantage in computing eligibility for state-funded financial aid programs; or any other potentially valuable advantage.
Eligibility
State residency requirements:
NoneWho can be a participant/owner in the program?
U.S. citizens or resident aliens at least 18 years old, UGMA/UTMA custodians, and legal entities.Alternative 529 Plans
The Maine NextGen 529 -- Client Direct Series is available through Merrill Edge. The plan utilizes BlackRock (including iShares) funds in its age-based and static options. In addition, the Principal Plus Portfolio and the NextGen Savings Portfolio are available.
Why we like this plan
- Strong long-term performance
- Low fees
- Matching Grants for qualifying accounts
Also known as an expense ratio, this is the annual fee that funds charge to their shareholders. This fee is based upon the plan’s moderate risk age-based portfolio.
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 historical performance over the last year of the plan’s moderate risk age-based portfolio.
The historical performance over the last three years of the plan’s moderate risk age-based portfolio.
The historical performance over the last five years of the plan’s moderate risk age-based portfolio.
The historical performance over the last ten years of the plan’s moderate risk age-based portfolio.
T. Rowe Price College Savings Plan, the nationally-branded version of Alaska's direct-sold 529 savings program mirrors the University of Alaska College Savings Plan but lacks the ACT Portfolio found in the UA program. The enrollment-based and static portfolios available in this program utilize T. Rowe Price mutual funds.
Why we like this plan
- Strong long-term performance
- Protection from creditors
Also known as an expense ratio, this is the annual fee that funds charge to their shareholders. This fee is based upon the plan’s moderate risk age-based portfolio.
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 historical performance over the last year of the plan’s moderate risk age-based portfolio.
The historical performance over the last three years of the plan’s moderate risk age-based portfolio.
The historical performance over the last five years of the plan’s moderate risk age-based portfolio.
The historical performance over the last ten years of the plan’s moderate risk age-based portfolio.
New York's direct-sold 529 college savings plan is available to residents of any state. It offers low fees and diverse investment options featuring Vanguard mutual funds. New York residents may enjoy a state tax deduction for contributions to the plan.
Why we like this plan
- Strong long-term performance
- Low fees
- Large tax deduction on contributions for residents
Also known as an expense ratio, this is the annual fee that funds charge to their shareholders. This fee is based upon the plan’s moderate risk age-based portfolio.
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 historical performance over the last year of the plan’s moderate risk age-based portfolio.
The historical performance over the last three years of the plan’s moderate risk age-based portfolio.
The historical performance over the last five years of the plan’s moderate risk age-based portfolio.
The historical performance over the last ten years of the plan’s moderate risk age-based portfolio.
Alternative 529 Plans
NextGen 529 -- Client Direct Series
Our Rating
Fee Rank
Performance
Rank
T. Rowe Price College Savings Plan
Our Rating
Fee Rank
Performance
Rank
New York's 529 College Savings Program -- Direct Plan
Our Rating
Fee Rank
Performance
Rank
Contributions
Maximum contributions:
Accepts contributions until all account balances in Michigan's 529 plan for the same beneficiary reach $500,000.Minimum contributions:
$25 per investment portfolio.Alternative 529 Plans
The Maine NextGen 529 -- Client Direct Series is available through Merrill Edge. The plan utilizes BlackRock (including iShares) funds in its age-based and static options. In addition, the Principal Plus Portfolio and the NextGen Savings Portfolio are available.
Why we like this plan
- Strong long-term performance
- Low fees
- Matching Grants for qualifying accounts
Also known as an expense ratio, this is the annual fee that funds charge to their shareholders. This fee is based upon the plan’s moderate risk age-based portfolio.
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 historical performance over the last year of the plan’s moderate risk age-based portfolio.
The historical performance over the last three years of the plan’s moderate risk age-based portfolio.
The historical performance over the last five years of the plan’s moderate risk age-based portfolio.
The historical performance over the last ten years of the plan’s moderate risk age-based portfolio.
T. Rowe Price College Savings Plan, the nationally-branded version of Alaska's direct-sold 529 savings program mirrors the University of Alaska College Savings Plan but lacks the ACT Portfolio found in the UA program. The enrollment-based and static portfolios available in this program utilize T. Rowe Price mutual funds.
Why we like this plan
- Strong long-term performance
- Protection from creditors
Also known as an expense ratio, this is the annual fee that funds charge to their shareholders. This fee is based upon the plan’s moderate risk age-based portfolio.
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 historical performance over the last year of the plan’s moderate risk age-based portfolio.
The historical performance over the last three years of the plan’s moderate risk age-based portfolio.
The historical performance over the last five years of the plan’s moderate risk age-based portfolio.
The historical performance over the last ten years of the plan’s moderate risk age-based portfolio.
New York's direct-sold 529 college savings plan is available to residents of any state. It offers low fees and diverse investment options featuring Vanguard mutual funds. New York residents may enjoy a state tax deduction for contributions to the plan.
Why we like this plan
- Strong long-term performance
- Low fees
- Large tax deduction on contributions for residents
Also known as an expense ratio, this is the annual fee that funds charge to their shareholders. This fee is based upon the plan’s moderate risk age-based portfolio.
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 historical performance over the last year of the plan’s moderate risk age-based portfolio.
The historical performance over the last three years of the plan’s moderate risk age-based portfolio.
The historical performance over the last five years of the plan’s moderate risk age-based portfolio.
The historical performance over the last ten years of the plan’s moderate risk age-based portfolio.
Alternative 529 Plans
NextGen 529 -- Client Direct Series
Our Rating
Fee Rank
Performance
Rank
T. Rowe Price College Savings Plan
Our Rating
Fee Rank
Performance
Rank
New York's 529 College Savings Program -- Direct Plan
Our Rating
Fee Rank
Performance
Rank
Investment Options
Age-based investment options:
The Age-Based option contains 9 portfolios of underlying mutual funds. Contributions are placed into the portfolio corresponding to the beneficiary's age and later reassigned to more conservative portfolios as the beneficiary approaches college age.View more age-based investment optionsStatic investment options:
Select among 2 target-risk portfolios (Capital Appreciation and Conservative Allocation), a multi-fund portfolio (Nuveen Alternative Income) and 16 individual-fund portfolios from a number of fund families.View more static investment optionsUnderlying investments:
Mutual funds managed by Nuveen Asset Management, LLC, TIAA Investments, LLC, Symphony Asset Management, Santa Barbara Asset Management, Harding Loevner, Oakmark Funds, Dimensional Fund Advisors, MetWest Funds, Harbor Funds and Ariel InvestmentsView a full list of this plan's investment optionsUnderlying fund allocations:
UNLOCK PROPortfolio Fees & Performance Lookup
UNLOCK PROFree Book Download
Get your free copy of Growing your practice with 529 plans.
A practical guide with tips and tools to help financial advisors leverage 529 plans in their practice.
Alternative 529 Plans
The Maine NextGen 529 -- Client Direct Series is available through Merrill Edge. The plan utilizes BlackRock (including iShares) funds in its age-based and static options. In addition, the Principal Plus Portfolio and the NextGen Savings Portfolio are available.
Why we like this plan
- Strong long-term performance
- Low fees
- Matching Grants for qualifying accounts
Also known as an expense ratio, this is the annual fee that funds charge to their shareholders. This fee is based upon the plan’s moderate risk age-based portfolio.
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 historical performance over the last year of the plan’s moderate risk age-based portfolio.
The historical performance over the last three years of the plan’s moderate risk age-based portfolio.
The historical performance over the last five years of the plan’s moderate risk age-based portfolio.
The historical performance over the last ten years of the plan’s moderate risk age-based portfolio.
T. Rowe Price College Savings Plan, the nationally-branded version of Alaska's direct-sold 529 savings program mirrors the University of Alaska College Savings Plan but lacks the ACT Portfolio found in the UA program. The enrollment-based and static portfolios available in this program utilize T. Rowe Price mutual funds.
Why we like this plan
- Strong long-term performance
- Protection from creditors
Also known as an expense ratio, this is the annual fee that funds charge to their shareholders. This fee is based upon the plan’s moderate risk age-based portfolio.
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 historical performance over the last year of the plan’s moderate risk age-based portfolio.
The historical performance over the last three years of the plan’s moderate risk age-based portfolio.
The historical performance over the last five years of the plan’s moderate risk age-based portfolio.
The historical performance over the last ten years of the plan’s moderate risk age-based portfolio.
New York's direct-sold 529 college savings plan is available to residents of any state. It offers low fees and diverse investment options featuring Vanguard mutual funds. New York residents may enjoy a state tax deduction for contributions to the plan.
Why we like this plan
- Strong long-term performance
- Low fees
- Large tax deduction on contributions for residents
Also known as an expense ratio, this is the annual fee that funds charge to their shareholders. This fee is based upon the plan’s moderate risk age-based portfolio.
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 historical performance over the last year of the plan’s moderate risk age-based portfolio.
The historical performance over the last three years of the plan’s moderate risk age-based portfolio.
The historical performance over the last five years of the plan’s moderate risk age-based portfolio.
The historical performance over the last ten years of the plan’s moderate risk age-based portfolio.
Alternative 529 Plans
NextGen 529 -- Client Direct Series
Our Rating
Fee Rank
Performance
Rank
T. Rowe Price College Savings Plan
Our Rating
Fee Rank
Performance
Rank
New York's 529 College Savings Program -- Direct Plan
Our Rating
Fee Rank
Performance
Rank
Fees & Expenses
Enrollment or application fee:
None.Account maintenance fee:
None.Program management fees:
0.37% (includes a state fee of 0.05%) plus service fee of 0.25% (Class A, C and AR) and distribution fee of 0.40% - 0.75% (Class C) and 0.40% (Class AR). None for the Principal Plus Interest Portfolio.Expenses of the underlying investments:
Ranges from 0.17% to 0.66% (portfolio weighted average) in the age-based, and static, and multi-fund portfolios, and from 0.06% to 0.90% in the individual-fund portfolios. None for the Principal Plus Interest Portfolio.Total asset-based expense ratio:
Class A: 0.68% - 1.52%Class C: 1.08% - 1.92%
Class AR: 1.08% - 1.92%
Broker loads and commissions:
UNLOCK PROBreakpoint pricing:
UNLOCK PRODoes breakpoint pricing include non-529 assets under rights of accumulation policies
UNLOCK PROAlternative 529 Plans
The Maine NextGen 529 -- Client Direct Series is available through Merrill Edge. The plan utilizes BlackRock (including iShares) funds in its age-based and static options. In addition, the Principal Plus Portfolio and the NextGen Savings Portfolio are available.
Why we like this plan
- Strong long-term performance
- Low fees
- Matching Grants for qualifying accounts
Also known as an expense ratio, this is the annual fee that funds charge to their shareholders. This fee is based upon the plan’s moderate risk age-based portfolio.
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 historical performance over the last year of the plan’s moderate risk age-based portfolio.
The historical performance over the last three years of the plan’s moderate risk age-based portfolio.
The historical performance over the last five years of the plan’s moderate risk age-based portfolio.
The historical performance over the last ten years of the plan’s moderate risk age-based portfolio.
T. Rowe Price College Savings Plan, the nationally-branded version of Alaska's direct-sold 529 savings program mirrors the University of Alaska College Savings Plan but lacks the ACT Portfolio found in the UA program. The enrollment-based and static portfolios available in this program utilize T. Rowe Price mutual funds.
Why we like this plan
- Strong long-term performance
- Protection from creditors
Also known as an expense ratio, this is the annual fee that funds charge to their shareholders. This fee is based upon the plan’s moderate risk age-based portfolio.
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 historical performance over the last year of the plan’s moderate risk age-based portfolio.
The historical performance over the last three years of the plan’s moderate risk age-based portfolio.
The historical performance over the last five years of the plan’s moderate risk age-based portfolio.
The historical performance over the last ten years of the plan’s moderate risk age-based portfolio.
New York's direct-sold 529 college savings plan is available to residents of any state. It offers low fees and diverse investment options featuring Vanguard mutual funds. New York residents may enjoy a state tax deduction for contributions to the plan.
Why we like this plan
- Strong long-term performance
- Low fees
- Large tax deduction on contributions for residents
Also known as an expense ratio, this is the annual fee that funds charge to their shareholders. This fee is based upon the plan’s moderate risk age-based portfolio.
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 historical performance over the last year of the plan’s moderate risk age-based portfolio.
The historical performance over the last three years of the plan’s moderate risk age-based portfolio.
The historical performance over the last five years of the plan’s moderate risk age-based portfolio.
The historical performance over the last ten years of the plan’s moderate risk age-based portfolio.
Alternative 529 Plans
NextGen 529 -- Client Direct Series
Our Rating
Fee Rank
Performance
Rank
T. Rowe Price College Savings Plan
Our Rating
Fee Rank
Performance
Rank
New York's 529 College Savings Program -- Direct Plan
Our Rating
Fee Rank
Performance
Rank
Taxes and other Benefits
- Tax deduction for single filers$5,000/yr
- Tax deduction for joint filers$10,000/yr
Example
Married filing jointly residents contributing $100/month can expect an additional $0 a year in tax savings.
Program match on contributions:
None.State tax deduction or credit for contributions:
Contributions to a Michigan's 529 savings plan of up to $5,000 per year by an individual, and up to $10,000 per year by a married couple filing jointly, are deductible in computing Michigan taxable income. Contributions must be reduced by qualified withdrawals during the year for purposes of determining the amount that may be deducted. Rollover contributions are not deductible, according to the Michigan Department of Treasury. Contribution deadline is December 31.State tax recapture provisions:
The principal portion of nonqualified withdrawals from this plan are included in Michigan taxable income to the extent of prior Michigan tax deductions. Qualified rollovers are not subject to recapture.State tax treatment of qualified distributions:
Qualified distributions from Michigan and non-Michigan 529 plans are exempt. Also excluded are distributions made due to the beneficiary's death, disability, scholarship, or attendence at one of the U.S. military academies.State tax treatment of rollovers:
Michigan follows federal tax-free treatment.Does participation in the program provide beneficiaries with any advantages in qualifying for resident tuition status at state institutions?
NoDoes the program have a formal agreement with a rewards program or outside scholarship program?
Yes, the Upromise Rewards program can be linked to any 529 college savings plan. Upromise Rewards is free to join and offers members cash back for college.Statutory protection of an account from creditors:
UNLOCK PROAlternative 529 Plans
The Maine NextGen 529 -- Client Direct Series is available through Merrill Edge. The plan utilizes BlackRock (including iShares) funds in its age-based and static options. In addition, the Principal Plus Portfolio and the NextGen Savings Portfolio are available.
Why we like this plan
- Strong long-term performance
- Low fees
- Matching Grants for qualifying accounts
Also known as an expense ratio, this is the annual fee that funds charge to their shareholders. This fee is based upon the plan’s moderate risk age-based portfolio.
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 historical performance over the last year of the plan’s moderate risk age-based portfolio.
The historical performance over the last three years of the plan’s moderate risk age-based portfolio.
The historical performance over the last five years of the plan’s moderate risk age-based portfolio.
The historical performance over the last ten years of the plan’s moderate risk age-based portfolio.
T. Rowe Price College Savings Plan, the nationally-branded version of Alaska's direct-sold 529 savings program mirrors the University of Alaska College Savings Plan but lacks the ACT Portfolio found in the UA program. The enrollment-based and static portfolios available in this program utilize T. Rowe Price mutual funds.
Why we like this plan
- Strong long-term performance
- Protection from creditors
Also known as an expense ratio, this is the annual fee that funds charge to their shareholders. This fee is based upon the plan’s moderate risk age-based portfolio.
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 historical performance over the last year of the plan’s moderate risk age-based portfolio.
The historical performance over the last three years of the plan’s moderate risk age-based portfolio.
The historical performance over the last five years of the plan’s moderate risk age-based portfolio.
The historical performance over the last ten years of the plan’s moderate risk age-based portfolio.
New York's direct-sold 529 college savings plan is available to residents of any state. It offers low fees and diverse investment options featuring Vanguard mutual funds. New York residents may enjoy a state tax deduction for contributions to the plan.
Why we like this plan
- Strong long-term performance
- Low fees
- Large tax deduction on contributions for residents
Also known as an expense ratio, this is the annual fee that funds charge to their shareholders. This fee is based upon the plan’s moderate risk age-based portfolio.
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 historical performance over the last year of the plan’s moderate risk age-based portfolio.
The historical performance over the last three years of the plan’s moderate risk age-based portfolio.
The historical performance over the last five years of the plan’s moderate risk age-based portfolio.
The historical performance over the last ten years of the plan’s moderate risk age-based portfolio.
Alternative 529 Plans
NextGen 529 -- Client Direct Series
Our Rating
Fee Rank
Performance
Rank
T. Rowe Price College Savings Plan
Our Rating
Fee Rank
Performance
Rank
New York's 529 College Savings Program -- Direct Plan
Our Rating
Fee Rank
Performance
Rank
Distributions & Terminations
To whom are distributions made payable:
Eligible educational institution, beneficiary, institution and beneficiary jointly, or account owner, as directed by the account owner.Alternative 529 Plans
The Maine NextGen 529 -- Client Direct Series is available through Merrill Edge. The plan utilizes BlackRock (including iShares) funds in its age-based and static options. In addition, the Principal Plus Portfolio and the NextGen Savings Portfolio are available.
Why we like this plan
- Strong long-term performance
- Low fees
- Matching Grants for qualifying accounts
Also known as an expense ratio, this is the annual fee that funds charge to their shareholders. This fee is based upon the plan’s moderate risk age-based portfolio.
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 historical performance over the last year of the plan’s moderate risk age-based portfolio.
The historical performance over the last three years of the plan’s moderate risk age-based portfolio.
The historical performance over the last five years of the plan’s moderate risk age-based portfolio.
The historical performance over the last ten years of the plan’s moderate risk age-based portfolio.
T. Rowe Price College Savings Plan, the nationally-branded version of Alaska's direct-sold 529 savings program mirrors the University of Alaska College Savings Plan but lacks the ACT Portfolio found in the UA program. The enrollment-based and static portfolios available in this program utilize T. Rowe Price mutual funds.
Why we like this plan
- Strong long-term performance
- Protection from creditors
Also known as an expense ratio, this is the annual fee that funds charge to their shareholders. This fee is based upon the plan’s moderate risk age-based portfolio.
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 historical performance over the last year of the plan’s moderate risk age-based portfolio.
The historical performance over the last three years of the plan’s moderate risk age-based portfolio.
The historical performance over the last five years of the plan’s moderate risk age-based portfolio.
The historical performance over the last ten years of the plan’s moderate risk age-based portfolio.
New York's direct-sold 529 college savings plan is available to residents of any state. It offers low fees and diverse investment options featuring Vanguard mutual funds. New York residents may enjoy a state tax deduction for contributions to the plan.
Why we like this plan
- Strong long-term performance
- Low fees
- Large tax deduction on contributions for residents
Also known as an expense ratio, this is the annual fee that funds charge to their shareholders. This fee is based upon the plan’s moderate risk age-based portfolio.
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 historical performance over the last year of the plan’s moderate risk age-based portfolio.
The historical performance over the last three years of the plan’s moderate risk age-based portfolio.
The historical performance over the last five years of the plan’s moderate risk age-based portfolio.
The historical performance over the last ten years of the plan’s moderate risk age-based portfolio.
Alternative 529 Plans
NextGen 529 -- Client Direct Series
Our Rating
Fee Rank
Performance
Rank
T. Rowe Price College Savings Plan
Our Rating
Fee Rank
Performance
Rank
New York's 529 College Savings Program -- Direct Plan
Our Rating
Fee Rank
Performance
Rank
Account Changes
Policy regarding participant/owner changes:
Accepts requests to transfer account ownership.Alternative 529 Plans
The Maine NextGen 529 -- Client Direct Series is available through Merrill Edge. The plan utilizes BlackRock (including iShares) funds in its age-based and static options. In addition, the Principal Plus Portfolio and the NextGen Savings Portfolio are available.
Why we like this plan
- Strong long-term performance
- Low fees
- Matching Grants for qualifying accounts
Also known as an expense ratio, this is the annual fee that funds charge to their shareholders. This fee is based upon the plan’s moderate risk age-based portfolio.
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 historical performance over the last year of the plan’s moderate risk age-based portfolio.
The historical performance over the last three years of the plan’s moderate risk age-based portfolio.
The historical performance over the last five years of the plan’s moderate risk age-based portfolio.
The historical performance over the last ten years of the plan’s moderate risk age-based portfolio.
T. Rowe Price College Savings Plan, the nationally-branded version of Alaska's direct-sold 529 savings program mirrors the University of Alaska College Savings Plan but lacks the ACT Portfolio found in the UA program. The enrollment-based and static portfolios available in this program utilize T. Rowe Price mutual funds.
Why we like this plan
- Strong long-term performance
- Protection from creditors
Also known as an expense ratio, this is the annual fee that funds charge to their shareholders. This fee is based upon the plan’s moderate risk age-based portfolio.
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 historical performance over the last year of the plan’s moderate risk age-based portfolio.
The historical performance over the last three years of the plan’s moderate risk age-based portfolio.
The historical performance over the last five years of the plan’s moderate risk age-based portfolio.
The historical performance over the last ten years of the plan’s moderate risk age-based portfolio.
New York's direct-sold 529 college savings plan is available to residents of any state. It offers low fees and diverse investment options featuring Vanguard mutual funds. New York residents may enjoy a state tax deduction for contributions to the plan.
Why we like this plan
- Strong long-term performance
- Low fees
- Large tax deduction on contributions for residents
Also known as an expense ratio, this is the annual fee that funds charge to their shareholders. This fee is based upon the plan’s moderate risk age-based portfolio.
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 historical performance over the last year of the plan’s moderate risk age-based portfolio.
The historical performance over the last three years of the plan’s moderate risk age-based portfolio.
The historical performance over the last five years of the plan’s moderate risk age-based portfolio.
The historical performance over the last ten years of the plan’s moderate risk age-based portfolio.
Alternative 529 Plans
NextGen 529 -- Client Direct Series
Our Rating
Fee Rank
Performance
Rank
T. Rowe Price College Savings Plan
Our Rating
Fee Rank
Performance
Rank
New York's 529 College Savings Program -- Direct Plan
Our Rating
Fee Rank
Performance
Rank
Documents, Access & Reporting
Does participant have online password-protected access to account?
YesCan the complete enrollment process including funding be done online?
NoDocuments and other services accessible or downloadable on the program's public Web site:
UNLOCK PROAlternative 529 Plans
The Maine NextGen 529 -- Client Direct Series is available through Merrill Edge. The plan utilizes BlackRock (including iShares) funds in its age-based and static options. In addition, the Principal Plus Portfolio and the NextGen Savings Portfolio are available.
Why we like this plan
- Strong long-term performance
- Low fees
- Matching Grants for qualifying accounts
Also known as an expense ratio, this is the annual fee that funds charge to their shareholders. This fee is based upon the plan’s moderate risk age-based portfolio.
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 historical performance over the last year of the plan’s moderate risk age-based portfolio.
The historical performance over the last three years of the plan’s moderate risk age-based portfolio.
The historical performance over the last five years of the plan’s moderate risk age-based portfolio.
The historical performance over the last ten years of the plan’s moderate risk age-based portfolio.
T. Rowe Price College Savings Plan, the nationally-branded version of Alaska's direct-sold 529 savings program mirrors the University of Alaska College Savings Plan but lacks the ACT Portfolio found in the UA program. The enrollment-based and static portfolios available in this program utilize T. Rowe Price mutual funds.
Why we like this plan
- Strong long-term performance
- Protection from creditors
Also known as an expense ratio, this is the annual fee that funds charge to their shareholders. This fee is based upon the plan’s moderate risk age-based portfolio.
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 historical performance over the last year of the plan’s moderate risk age-based portfolio.
The historical performance over the last three years of the plan’s moderate risk age-based portfolio.
The historical performance over the last five years of the plan’s moderate risk age-based portfolio.
The historical performance over the last ten years of the plan’s moderate risk age-based portfolio.
New York's direct-sold 529 college savings plan is available to residents of any state. It offers low fees and diverse investment options featuring Vanguard mutual funds. New York residents may enjoy a state tax deduction for contributions to the plan.
Why we like this plan
- Strong long-term performance
- Low fees
- Large tax deduction on contributions for residents
Also known as an expense ratio, this is the annual fee that funds charge to their shareholders. This fee is based upon the plan’s moderate risk age-based portfolio.
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 historical performance over the last year of the plan’s moderate risk age-based portfolio.
The historical performance over the last three years of the plan’s moderate risk age-based portfolio.
The historical performance over the last five years of the plan’s moderate risk age-based portfolio.
The historical performance over the last ten years of the plan’s moderate risk age-based portfolio.
Alternative 529 Plans
NextGen 529 -- Client Direct Series
Our Rating
Fee Rank
Performance
Rank
T. Rowe Price College Savings Plan
Our Rating
Fee Rank
Performance
Rank
New York's 529 College Savings Program -- Direct Plan
Our Rating
Fee Rank
Performance
Rank
Contact
Website:
http://www.mi529advisor.comTelephone:
1-866-529-8818Telephone for broker use:
UNLOCK PROAlternative 529 Plans
The Maine NextGen 529 -- Client Direct Series is available through Merrill Edge. The plan utilizes BlackRock (including iShares) funds in its age-based and static options. In addition, the Principal Plus Portfolio and the NextGen Savings Portfolio are available.
Why we like this plan
- Strong long-term performance
- Low fees
- Matching Grants for qualifying accounts
Also known as an expense ratio, this is the annual fee that funds charge to their shareholders. This fee is based upon the plan’s moderate risk age-based portfolio.
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 historical performance over the last year of the plan’s moderate risk age-based portfolio.
The historical performance over the last three years of the plan’s moderate risk age-based portfolio.
The historical performance over the last five years of the plan’s moderate risk age-based portfolio.
The historical performance over the last ten years of the plan’s moderate risk age-based portfolio.
T. Rowe Price College Savings Plan, the nationally-branded version of Alaska's direct-sold 529 savings program mirrors the University of Alaska College Savings Plan but lacks the ACT Portfolio found in the UA program. The enrollment-based and static portfolios available in this program utilize T. Rowe Price mutual funds.
Why we like this plan
- Strong long-term performance
- Protection from creditors
Also known as an expense ratio, this is the annual fee that funds charge to their shareholders. This fee is based upon the plan’s moderate risk age-based portfolio.
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 historical performance over the last year of the plan’s moderate risk age-based portfolio.
The historical performance over the last three years of the plan’s moderate risk age-based portfolio.
The historical performance over the last five years of the plan’s moderate risk age-based portfolio.
The historical performance over the last ten years of the plan’s moderate risk age-based portfolio.
New York's direct-sold 529 college savings plan is available to residents of any state. It offers low fees and diverse investment options featuring Vanguard mutual funds. New York residents may enjoy a state tax deduction for contributions to the plan.
Why we like this plan
- Strong long-term performance
- Low fees
- Large tax deduction on contributions for residents
Also known as an expense ratio, this is the annual fee that funds charge to their shareholders. This fee is based upon the plan’s moderate risk age-based portfolio.
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 historical performance over the last year of the plan’s moderate risk age-based portfolio.
The historical performance over the last three years of the plan’s moderate risk age-based portfolio.
The historical performance over the last five years of the plan’s moderate risk age-based portfolio.
The historical performance over the last ten years of the plan’s moderate risk age-based portfolio.
Alternative 529 Plans
NextGen 529 -- Client Direct Series
Our Rating
Fee Rank
Performance
Rank
T. Rowe Price College Savings Plan
Our Rating
Fee Rank
Performance
Rank
New York's 529 College Savings Program -- Direct Plan
Our Rating
Fee Rank
Performance
Rank
Plan News
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