4.5 / 5
Our rating
WV resident benefits
While a similar program (SMART529 WV Direct) is available to West Virginia residents on a direct basis, this advisor-sold version is available nationally. The Hartford SMART529 program features a menu of age-based, static, and individual portfolio options utilizing Hartford Funds, Schwab index fund, one MFS fund, and a stable value portfolio managed by Invesco. Accounts can be linked to the Upromise rewards service. To find a financial advisor in your area, use the Directory of Financial Professionals.
Scores for each ratings category
3.67 / 5
Performance
4.36 / 5
Ease of Use
4.83 / 5
Savings Success
4.27 / 5
Program Delivery
Program type
Inception
State agency
Tax deduction
For single filers: No limit
For joint filers: No limit
Program manager
Program distributor
Manager contract term
State residency requirements:
Who can be a participant/owner in the program?
Significant time or age restrictions imposed by the program:
Maximum contributions:
Minimum contributions:
Does the program offer an e-gifting platform for receiving gift contributions?
Investors in The Hartford SMART529 can select from the following investment options. Click on a portfolio name for more information.
Portfolio | E.R. | % Equity | 1yr performance |
---|---|---|---|
SMART529 Age-Based Portfolio 0-3 | 0.93% | 92% | 7.06% |
SMART529 Age-Based Portfolio 4-6 | 0.92% | 82% | 7.02% |
SMART529 Age-Based Portfolio 7-9 | 0.91% | 72% | 6.85% |
SMART529 Age-Based Portfolio 10-11 | 0.88% | 62% | 6.52% |
SMART529 Age-Based Portfolio 12-13 | 0.86% | 52% | 6.25% |
SMART529 Age-Based Portfolio 16 | 0.73% | 32% | 4.73% |
SMART529 Age-Based Portfolio 17 | 0.69% | 22% | 4.17% |
SMART529 Age-Based Portfolio 14-15 | 0.81% | 42% | 5.69% |
SMART529 Age-Based Portfolio 18+ | 0.64% | 12% | 3.79% |
Age-based/Enrollment Year investment options:
Static investment options:
Underlying investments:
Underlying fund allocations:
Portfolio Fees & Performance Lookup
Enrollment or application fee:
Account maintenance fee:
Program management fees:
Expenses of the underlying investments:
Total asset-based expense ratio:
Broker loads and commissions:
Breakpoint pricing:
Does breakpoint pricing include non-529 assets under rights of accumulation policies
Tax deduction for single filers:
Tax deduction for joint filers:
Program match on contributions:
State tax deduction or credit for contributions:
Find out how much you can save on state taxes this year by contributing to a West Virginia 529 plan.
Married Filing Jointly
Household income
$100,000
Monthly Contribution
$100
State tax recapture provisions:
State definition of qualified expenses
State tax treatment of qualified distributions:
State tax treatment of rollovers:
Does the sponsoring state exclude the value of an account for state financial aid purposes?
Does participation in the program provide beneficiaries with any advantages in qualifying for resident tuition status at state institutions?
Is there a rewards program or outside scholarship program that works with this program?
Statutory protection of an account from creditors:
To whom are distributions made payable:
Policy regarding participant/owner changes:
Does participant have online password-protected access to account?
Can the complete enrollment process including funding be done online?
Documents and other services accessible or downloadable on the program's public Web site:
Website:
Telephone:
Telephone for broker use:
Connect with a financial advisor in your local area
A good place to start:
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