Missouri 529 College Savings Plans
Missouri’s direct-sold 529 savings plan is managed by Ascensus College Savings and uses mutual funds from Vanguard. Missouri also offers an advisor-sold 529 plan managed by Ascensus College Savings featuring the use of mutual funds from several fund families, exchange traded funds (ETF), and an anti-terror portfolio option. The advisor-sold plan closed in May 2016 and all assets were moved to the direct-sold plan.
Find out more about Missouri 529 plans by following the links below.
- Tax deduction for single filers$8,000/yr
- Tax deduction for joint filers$16,000/yr
Missouri's 529 Savings Plan (Direct-sold), managed by Ascensus College Savings, features three-age based options and 16 static portfolios with funds from Vanguard and Dimensional Fund Advisors. Accounts can be linked to the Upromise rewards service....
The State of Missouri has partnered with the State of Ohio to create MO ABLE, a program that offers the STABLE Account Plan to eligible Missouri residents for lower annual investment fees than would otherwise be available.