Michigan Education Savings Program (MESP)

This is an Honors Plan

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, five single fund options and a principal protection option.

  • Program type
    Savings
  • Inception
    2000
  • State agency
    Michigan Department of Treasury
  • Tax deduction
  • Program Manager
    TIAA-CREF Tuition Financing, Inc.
  • Program distributor
    TIAA-CREF Individual & Institutional Services, LLC

Principal Plus Interest Option

Asset Allocation

Asset Class% AssetsCategory Avg.
US Stock0%0%
Foreign Stock0%0%
Real Estate0%0%
Bond0%0%
Short Term Bond0%0%
Cash/MM100%100%

Performance

Category Avg
This Portfolio
This Portfolio
Category Avg

Fees & Expenses (1 Year)

Category Avg
This Portfolio
This Portfolio
Category Avg

Total Expense Ratio

Fees vs Performance

Growth of $10,000

Category Avg
This Portfolio

Assumptions

Data in "Growth of $10,000" is based on historical annual performance data.

Data as of 09/30/2024.

Disclaimer: The information contained herein: (1) is proprietary to Saving for College LLC and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Saving for College LLC nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

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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).