Wisconsin 529 plan

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The Wisconsin 529 plan page provides information on direct-sold 529 plans and highlights indexed portfolios. All information is derived from Savingforcollege.com and from 529 plan sites and disclosure documents. If you would like to compare this plan with other direct sold plans, use these Compare by Plan Name and Compare by Feature tools.

  • Open to Residents
  • Open to non-residents
Wisconsin 529 Plan:
Program match on contributions: none
State tax deduction or credit for contributions: Contributions to a Wisconsin 529 plan of up to $3,050 per beneficiary per year (any filing status) are deductible in computing Wisconsin taxable income. The maximum annual deductible will be increased annually to reflect inflation. Contributions in excess of the maximum annual limit may be carried forward to one or more future years and deducted up to the then annual maximum deductible amount each year until all amounts invested have been deducted from Wisconsin taxable income. Contributors do not need to be the account owner to claim the deduction. Any Wisconsin taxpayer may claim a deduction for contributions to any account. Contribution deadline is April 15 of the year following the tax year. Beginning in 2010, parents were no longer required to claim their child as a dependent in order to claim the deduction; however, the maximum deduction is reduced to $1,525 for a parent who is married and filing separately or who is divorced, unless the divorce judgment specified a different division of the $3,050 combined maximum.
State tax recapture provisions: Non-qualified withdrawals & rollovers to other 529 plans must be added back to Wisconsin taxable income unless eligible for the federal non-qualified withdrawal penalty waiver: death or disability of the beneficiary or withdrawals equal to the amount of a scholarship award in such period of such award.
Age-based investment options: Two:Age-Based Option (ER 0.21%-0.33%) and Aggressive Age-Based Option (ER 0.20%-0.31%). Underlying funds managed by TIAA-CREF, T.Rowe Price, and Franklin Templeton.
Static investment options: Select among five index-based multi-fund portfolios: Aggressive (ER 0.20%), Growth (ER 0.22%), Moderate Growth (ER 0.23%), Conservative Growth (ER 0.27%), Income (ER 0.31%). Underlying funds managed by TIAA-CREF.
Single funds: Seven funds: International Equity, Small-Cap Stock, U.S. Equity, Large-Cap Stock, Social Choice, Balanced, Bond Index. Funds managed by TIAA-CREF and DFA.
Expenses: 0.08% - 0.45%; 0.08% -0.24% indexed options
Policy Regarding Ownership Changes: Accepts requests to transfer account ownership.

Single Funds

Portfolio Cost
International Equity 0.19%
Small-Cap Stock 0.24%
U.S. Equity 0.15%
Large-Cap Stock 0.14%
Social Choice 0.26%
Balanced 0.17%
Bond Index 0.21%

External links