South Carolina 529 Plan

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South Carolina 529 Plan

  • Open to Residents
  • Not open to non-residents

Program match on contributions: None

State tax deduction or credit for contributions: Contributions to any of South Carolina's 529 plans are fully deductible in computing South Carolina taxable income. Contribution deadline: April 15 of the following year.

State tax recapture provisions: The principal portion of nonqualified withdrawals from this plan are included in South Carolina taxable income to the extent of prior South Carolina tax deductions. Rollovers apparently are not subject to recapture.

Age-based investment options: The Automatic Allocation Choice contains six portfolios of underlying mutual funds. Contributions are placed into the portfolio corresponding to the beneficiary’s age or number of years to expected enrollment, and later reassigned to more conservative portfolios as the beneficiary approaches college age.

Static investment options: Select among six multi-fund portfolios (Aggressive Growth, Growth, Balanced Growth, Balanced, Income and Growth, and Income), a stable value portfolio, and three individual-fund index portfolios.

Single Funds

Aggressive Growth Portfolio (ER 0.49%) Growth Portfolio(ER 0.49%) Balanced Growth Portfolio (ER 0.54%) Balanced Portfolio (ER 0.58%) Income & Growth Portfolio (ER 0.53%) Income Portfolio (ER 0.53%) Stand-alone
  • Columbia Large Cap Index (60%)
  • Columbia Mid Cap Index (15%)
  • Columbia Small Cap Index (6%)
  • Columbia Multi Advisor International (19%)
  • Columbia Large Cap Index (52%)
  • Columbia Mid Cap Index (16%)
  • Columbia Small Cap Index (7%)
  • Columbia Multi Advisor International (17%)
  • Columbia Total Return Bond (2%)
  • Columbia Short Term bond (4%)
  • Columbia Cash Reserves (2%)
  • Columbia Large Cap Index (41%)
  • Columbia Mid Cap Index (12%)
  • Columbia Small Cap Index (5%)
  • Columbia Multi Advisor International (15%)
  • Columbia Total Return Bond (7%)
  • Columbia Short Term bond (18%)
  • Columbia Cash Reserves (2%
  • Columbia Large Cap Index (31%)
  • Columbia Mid Cap Index (8%)
  • Columbia Small Cap Index (3%)
  • Columbia Multi Advisor International (11%)
  • Columbia Total Return Bond (12%)
  • Columbia Short Term bond (33%)
  • Columbia Cash Reserves (2%)
  • Columbia Large Cap Index (19%)
  • Columbia Mid Cap Index (5%)
  • Columbia Small Cap Index (2%)
  • Columbia Multi Advisor International (7%)
  • Columbia Total Return Bond 12%)
  • Columbia Short Term bond (35%)
  • Columbia Cash Reserves (20%)
  • Columbia Large Cap Index (11%)
  • Columbia Mid Cap Index (3%)
  • Columbia Multi Advisor International (3%)
  • Columbia Total Return Bond (8%)
  • Columbia Short Term bond (35%)
  • Columbia Cash Reserves (40%)
  • Columbia Large Cap Index (ER 0.34%)
  • Columbia Mid Cap Index (ER 0.34%)
  • Columbia Small Cap Index (ER 0.41%)
  • Columbia Stable Value (ER 0.30%)


Expenses: 0.30% - 0.58%

See also

529 Plan Pages

Links

How to Cite

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529 Plans
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