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Future Scholar 529 College Savings Plan (Direct-sold) logo

Future Scholar 529 College Savings Plan (Direct-sold)

The Future Scholar 529 College Savings Plan is only available to residents of South Carolina. It offers investment options from Columbia and Vanguard and a $426,000 contribution limit. Residents of South Carolina may enjoy a state tax deduction for contributions to the plan.

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  • Program typeSavings
  • Inception2002
  • State agency
    Office of the State Treasurer
  • Tax deduction
    Tax deduction for single filers No limit
    Tax deduction for joint filers No limit
  • Program Manager
    Columbia Management Investment Distributors, Inc.
  • Program distributor
    Columbia Management Investment Distributors, Inc.
  • Manager contract termUNLOCK PRO

Investors in Future Scholar 529 College Savings Plan (Direct-sold) 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
Aggressive 0-5 Years Old0.16%93%12.5%21 of 53
Aggressive 6-8 Years Old0.13%83%11.21%8 of 57
Aggressive 9-11 Years Old0.12%63%8.04%24 of 65
Aggressive 12-15 Years Old0.11%53%6.84%31 of 43
Aggressive 16-17 Years Old0.09%33%4.15%25 of 80
Aggressive 18+ Years Old0.09%17%2.65%47 of 83
Moderate 0-5 Years Old0.13%83%11.21%15 of 29
Moderate 6-8 Years Old0.12%63%8.04%55 of 65
Moderate 9-11 Years Old0.11%53%6.84%4 of 56
Moderate 12-15 Years Old0.09%33%4.15%6 of 62
Moderate 16-17 Years Old0.09%17%2.65%46 of 83
Moderate 18+ Years Old0.06%0%0.19%74 of 81
Conservative 0-5 Years Old0.12%63%8.04%33 of 63
Conservative 6-8 Years Old0.11%53%6.84%3 of 56
Conservative 9-11 Years Old0.09%33%4.15%46 of 56
Conservative 12-15 Years Old0.09%17%2.65%41 of 62
Conservative 16+ Years Old0.06%0%0.19%73 of 81

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
Future Scholar Aggressive Growth Portfolio0.16%93%12.5%123 of 228
Future Scholar Growth Portfolio0.13%83%11.21%157 of 228
Future Scholar Moderate Growth Portfolio0.12%63%8.04%40 of 52
Future Scholar Moderate Portfolio0.11%53%6.84%23 of 52
Future Scholar Moderately Conservative Portfolio0.09%33%4.15%17 of 38
Future Scholar Conservative Portfolio0.09%17%2.65%15 of 68
Future Scholar College Portfolio0.06%0%0.19%57 of 68

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.

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

Child age

Max Expense Ratio:2.5%