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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 agency
    Michigan Department of Treasury
  • Tax deduction
    Tax deduction for single filers $5,000/yr
    Tax deduction for joint filers $10,000/yr
  • Program Manager
    TIAA-CREF Tuition Financing, Inc.
  • Program distributor
    Nuveen Securities, LLC
  • Manager contract termUNLOCK PRO

Investors in MI 529 Advisor Plan can select from the following investment options. Click on a portfolio name for more information.

Use the form below to filter through the investment options in this plan

Child age

Max Expense Ratio:2.5%

Age Based Investment Options

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.

PortfolioE.R% Equity1YR PerformanceRank
Age-Based 0-41.09%79.44%8.86%N/A
Age-Based 5-81.09%69.51%7.6%N/A
Age-Based 9-101.07%59.58%6.34%N/A
Age-Based 11-121.02%49.65%5.36%N/A
Age-Based 13-140.99%39.72%4.27%N/A
Age-Based 150.94%29.79%3.29%N/A
Age-Based 160.89%24.82%2.98%N/A
Age-Based 170.83%19.86%2.69%N/A
Age-Based 18+0.79%14.89%2.4%N/A

Static Investment Options

This refers to an investment option that is not programmed to change over time. The individual fund portfolio and multi-fund portfolio described below are static options. So are many portfolios that do not use mutual funds, such as stable-value options, guaranteed options, CD options, etc.

PortfolioE.R% Equity1YR PerformanceRank
Nuveen Alternative Income Portfolio1.28%29.7%1%N/A
Conservative Allocation0.79%14.89%2.4%N/A
Capital Appreciation1.84%79.44%8.07%N/A

Individual Investment Options

Sometimes called a single-fund option, this is a portfolio invested in a single mutual fund. Often the name of the 529 portfolio is very similar to the name of the underlying mutual fund. A large number of broker-sold 529s offer an extensive line-up of individual fund options, while a smaller number of direct-sold 529s offer them.

Use the form below to filter through the investment options in this plan

Child age

Max Expense Ratio:2.5%