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Minnesota College Savings Plan

Minnesota College Savings Plan is a TIAA-managed 529 savings program features an age-based option and ten fixed options including a guaranteed option.

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4 of 5

Fee Scorex

4 of 5


3 of 5

  • Program typeSavings
  • Inception2001
  • State agency
    Minnesota Office of Higher Education and the State Board of Investment
  • Tax deduction
    Tax deduction for single filers $1,500/yr
    Tax deduction for joint filers $3,000/yr
  • Program Manager
    TIAA-CREF Tuition Financing, Inc.
  • Program distributor
    TIAA-CREF Individual & Institutional Services, LLC
  • Manager contract termUNLOCK PRO

Investors in Minnesota College Savings 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 Band 0-4 Years0.26%80%9.21%13 of 63
Age Band 5-8 Years0.27%70%7.91%16 of 65
Age Band 9-10 Years0.27%60%6.72%46 of 65
Age Band 11-12 Years0.27%50%5.59%25 of 100
Age Band 13-14 Years0.27%40%4.5%72 of 100
Age Band 18+ Years0.21%15%2.67%25 of 83
Age Band 15 Years0.25%30%3.73%7 of 62
Age Band 16 Years0.24%25%3.40%40 of 80
Age Band 17 Years0.22%20%2.91%7 of 83

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
U.S. and International Equity Index Option (formerly 100% Equity Option)0.25%100%11.57%141 of 228
Moderate Option (formerly Balanced Option)0.27%60%6.74%16 of 52
100% Fixed Income Option0.31%0%-0.69%28 of 68
International Equity Index Option0.23%100%17.18%19 of 228
Aggressive Option0.26%80%9.22%10 of 52
Conservative Option0.25%30%3.67%19 of 38
Equity and Interest Accumulation Option0.17%50%9.53%3 of 52

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.

PortfolioE.R% Equity1YR PerformanceRank
Money Market Option0.13%0%1.35%42 of 66
U.S. Large Cap Equity Option0.20%100%17.57%78 of 228

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

Child age

Max Expense Ratio:2.5%