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; BlackRock Financial Management, Inc.; BlackRock Investment Management, LLC; Brandywine Global Investment Management, LLC; Brookfield Investment Management Inc.; Columbia Management Investment Advisers, LLC; Credit Suisse Asset Management, LLC; Delaware Investments Fund Advisers; Hahn Capital Management, LLC; Lazard Asset Management LLC; LSV Asset Management; Northern Trust Investments, Inc.; Polaris Capital Management, LLC; Teachers Advisors, Inc.; Van Eck Associates Corporation; Voya Investment Management Co. LLC; and Wellington Management Company LLP. To find a financial advisor in your area, use the Directory of Financial Professionals.
- Program typeSavings
- Inception2001, but substantially changed in 2012
- State agencyWisconsin College Savings Program Board
- Tax deduction
- Program ManagerVoya (Voya Investments Distributor, LLC and Voya Funds Services, LLC)
- Program distributorVoya Investments Distributor, LLC
Investment Options
Investors in Tomorrow's Scholar 529 Plan can select from the following investment options. Click on a portfolio name for more information.
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 | Rank |
|---|---|---|---|---|
| Voya 529 Age 18+ Option | 0.8% | 10% | 4.05% | 25 of 33 |
| Voya 529 Age 17 Option | 0.82% | 20% | 6.74% | 7 of 31 |
| Voya 529 Age 16 Option | 0.84% | 30% | 9.15% | 27 of 31 |
| Voya 529 Age 15 Option | 0.85% | 32% | 9.84% | 17 of 38 |
| Voya 529 Age 13-14 Option | 0.89% | 42% | 12.8% | 32 of 38 |
| Voya 529 Age 11-12 Option | 0.94% | 53% | 15.84% | 15 of 18 |
| Voya 529 Age 9-10 Option | 0.99% | 63% | 18.75% | 11 of 21 |
| Voya 529 Age 5-8 Option | 1.05% | 78% | 23.2% | 16 of 20 |
| Voya 529 Age 0-4 Option | 1.08% | 90% | 26.43% | 9 of 17 |
