Minnesota College Savings Plan is a TIAA-managed 529 savings program features an Enrollment Year Investment Option, seven Multi-fund options and three Single fund options and a guaranteed option.
- Program typeSavings
- Inception2001
- State agencyMinnesota Office of Higher Education and the State Board of Investment
- Tax deduction
- Program ManagerTIAA-CREF Tuition Financing, Inc.
- Program distributorTIAA-CREF Individual & Institutional Services, LLC
Investment Options
Investors in Minnesota College Savings Plan can select from the following investment options. Click on a portfolio name for more information.
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.
| Portfolio | E.R. | %Â Equity | 1YR Performance |
|---|---|---|---|
| 2036/2037 Enrollment Option | 0.16% | 72% | 26.29% |
| 2034/2035 Enrollment Option | 0.16% | 66.5% | 25.22% |
| 2032/2033 Enrollment Option | 0.16% | 57.5% | 23.31% |
| 2030/2031 Enrollment Option | 0.15% | 47% | 20.59% |
| 2028/2029 Enrollment Option | 0.14% | 35.4% | 17.5% |
| 2026/2027 Enrollment Option | 0.13% | 23.4% | 13.82% |
| 2024/2025 Enrollment Option | 0.12% | 15.75% | 10.3% |
| In School Enrollment Option | 0.12% | 13.5% | 8.96% |
| 2038/2039 Enrollment Option | 0.16% | 76% | 27.13% |
| 2040/2041 Enrollment Option | 0.16% | 79% | 27.69% |
