Minnesota 529 College Savings Plans
TIAA-CREF Tuition Financing, Inc. manages Minnesota’s 529 college savings plan, which offers an age-based option along with 5 static investment options.
To read more about the Minnesota College Savings Plan, select the link below.
- Tax deduction for single filers$1,500/yr
- Tax deduction for joint filers$3,000/yr
The Minnesota ABLE Plan is offered through the National ABLE Alliance. The plan was established under the state's ABLE legislation to encourage and assist individuals and families in saving private funds for the purpose of supporting individuals with disabilities to maintain health, independence, and quality of life, and to provide secure funding for disability-related expenses on behalf of designated beneficiaries with disabilities that will supplement, but not supplant, benefits provided through private insurance, the Medicaid program under title XIX of the Social Security Act, the Supplemental Security Income program under title XVI of the Social Security Act, the beneficiary's employment, and other sources....