The Michigan Education Savings Program is similar to other TIAA-managed 529 savings programs. The Program features an enrollment year option, six multi-fund options, a single fund option and a principal protection option.
- Program typeSavings
- Inception2000
- State agencyMichigan Department of Treasury
- Tax deduction
- Program ManagerTIAA-CREF Tuition Financing, Inc.
- Program distributorTIAA-CREF Individual & Institutional Services, LLC
Principal Plus Interest Option
Asset Allocation
| Asset Class | % Assets | Category Avg. |
|---|---|---|
| US Stock | 0% | 0% |
| Foreign Stock | 0% | 0% |
| Real Estate | 0% | 0% |
| Bond | 0% | 0% |
| Short Term Bond | 0% | 0% |
| Cash/MM | 100% | 100% |
Performance
Fees & Expenses (1 Year)
Total Expense Ratio
Fees vs Performance
Growth of $10,000
Assumptions
Data in "Growth of $10,000" is based on historical annual performance data.
Data as of 03/31/2021.
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Category average
Category averages are designed to be a representation of all portfolios with a similar risk profile (represented as a % of equity).