4 / 5
Our rating
WI resident benefits
Voya, under contract with TIAA-CREF Tuition Financing, Inc., manages Wisconsin's Tomorrow's Scholar® 529 savings program. Voya succeeded Wells Fargo as program manager in late October 2012. The revised program features nine age-based options, five static allocation options, and 18 single fund options investing in Voya mutual funds and other mutual funds managed by Baillie Gifford Overseas Limited; Voya Financial Management, Inc.; Brandywine Global Investment Management, LLC; LLC; Delaware Investments Fund Advisers and Macquarie Investment Management Global Limited (together, "DIFA"); Northern Trust Investments, Inc.; Polaris Capital Management, LLC; Victory Capital Management Inc; Voya Investment Management Co. LLC; Wellington Management Company LLP; Voya (Singapore) Limited Invesco Advisers, Inc.; T. Rowe Price Associates, Inc.; Teachers Advisors, LLC.; Sustainable Growth Advisers, LP; CBRE Investment Management Listed Real Assets, LLC; Lazard Asset Management LLC To find a financial advisor in your area, use the Directory of Financial Professionals.
Scores for each ratings category
3.06 / 5
Performance
4.57 / 5
Ease of Use
4.89 / 5
Savings Success
4.13 / 5
Program Delivery
Program type
Inception
State agency
Tax deduction
For single filers: $5,130/yr per beneficiary
For joint filers: $5,130/yr per beneficiary
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 Tomorrow's Scholar 529 Plan can select from the following investment options. Click on a portfolio name for more information.
Portfolio | E.R. | % Equity | 1yr performance |
---|---|---|---|
Voya 529 Age 18+ Option | 0.77% | 12% | 5.59% |
Voya 529 Age 17 Option | 0.8% | 20% | 5.67% |
Voya 529 Age 16 Option | 0.82% | 32.05% | 5.8% |
Voya 529 Age 15 Option | 0.81% | 34.05% | 5.91% |
Voya 529 Age 13-14 Option | 0.85% | 44.06% | 5.66% |
Voya 529 Age 11-12 Option | 0.86% | 55.11% | 5.74% |
Voya 529 Age 9-10 Option | 0.88% | 65.12% | 5.72% |
Voya 529 Age 5-8 Option | 0.91% | 78.17% | 5.55% |
Voya 529 Age 0-4 Option | 0.94% | 90.21% | 5.42% |
Age-based/Enrollment Year investment options:
Static investment options:
Underlying investments:
Underlying fund allocations:
Portfolio Fees & Performance Lookup
Enrollment or application fee:
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Program management fees:
Expenses of the underlying investments:
Total asset-based expense ratio:
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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 Wisconsin 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 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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Saving For College is an unbiased, independent resource for parents and financial professionals, providing them with information and tools to understand the benefits of 529 college savings plans and how to meet the challenge of increasing college costs.