Future Scholar 529 College Savings Plan (Direct-sold)

Fee Score

Performance

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99,178 Clicked to Enroll

enroll now

99,178 Clicked to Enroll

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.

Fee Score

5 / 5

Performance

4.5 / 5

Program type
Savings
Inception
2002
State agency
Office of the State Treasurer
Tax deduction
Program Manager
Columbia Management Investment Advisors, LLC
Program distributor
Columbia Management Investment Distributors, Inc.

Plan Details

Investment Options

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.

Child Age

Performance

Max Expense Ratio:

2.5%

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.	% Equity	1YR Performance
Aggressive 0-3 Years (Aggressive Growth)	0.14%	89.9%	15.77%
Aggressive 10-11 Years (Moderate)	0.1%	49.8%	8.73%
Aggressive 12-13 Years (40% Equity)	0.09%	39.8%	7.25%
Aggressive 14-15 Years (Moderately Conservative)	0.08%	29.7%	5.71%
Aggressive 16-17 Years (20% Equity)	0.08%	19.8%	4.36%
Aggressive 18 Years and over (Conservative)	0.07%	10.1%	3.25%
Aggressive 4-5 Years (Growth)	0.13%	80.1%	14%
Aggressive 6-7 Years (70% Equity)	0.12%	70%	12.14%
Aggressive 8-9 Years (Moderate Growth)	0.11%	59.8%	10.24%
Moderate 0-3 Years (Growth)	0.13%	80.1%	14%
Moderate 10-11 Years (40% Equity)	0.09%	39.8%	7.25%
Moderate 12-13 Years (Moderately Conservative)	0.08%	29.7%	5.71%
Moderate 14-15 Years (20% Equity)	0.08%	19.8%	4.36%
Moderate 16-17 Years (Conservative)	0.07%	10.1%	3.25%
Moderate 18 Years and over (College)	0.07%	0%	1.66%
Moderate 4-5 Years (70% Equity)	0.12%	70%	12.14%
Moderate 6-7 Years (Moderate Growth)	0.11%	59.8%	10.24%
Moderate 8-9 Years (Moderate)	0.1%	49.8%	8.73%
Conservative 0-3 Years (70% Equity)	0.12%	70%	12.14%
Conservative 10-11 Years (Moderately Conservative)	0.09%	29.7%	5.71%
Conservative 12-13 Years (20% Equity)	0.08%	19.8%	4.36%
Conservative 14-15 Years (Conservative)	0.07%	10.1%	3.25%
Conservative 16 Years and over (College)	0.07%	0%	1.66%
Conservative 4-5 Years (Moderate Growth)	0.11%	59.8%	10.24%
Conservative 6-7 Years (Moderate)	0.1%	49.8%	8.73%
Conservative 8-9 Years (40% Equity)	0.09%	39.8%	7.25%

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