Minnesota 529 plan

Minnesota 529 Plans

Program match on contributions: Up to $400 per year matching grant for Minnesota residents, subject to income limitations.

State tax deduction or credit for contributions: None

Age-based investment options: The Managed Allocation Option contains six portfolios of underlying mutual funds. Contributions are placed into the portfolio corresponding to the beneficiary’s age and later reassigned to more conservative portfolios as the beneficiary approaches college age.

Static investment options: Select among five options: 100% Equity, Balanced, 100% Fixed-Income, Money Market, and the Guaranteed Option.

Single Funds:
 * 100% Equity Index Option
 * TIAA-CREF Large Cap Growth Index Fund (28%)
 * TIAA-CREF Equity Index Fund (8%)
 * TIAA-CREF Large Cap Value Index Fund (28%)
 * TIAA-CREF Small Cap Blend Index Fund (6%)
 * TIAA-CREF Real Estate Securities Fund (10%)
 * TIAA-CREF International Equity Fund (20%)


 * Balanced Option
 * TIAA-CREF S&P 500 Index Fund (33.75%)
 * TIAA-CREF Mid Cap Growth Index Fund (3.60%)
 * TIAA-CREF Mid Cap Value Index Fund (3.60%)
 * TIAA-CREF Small Cap Blend Index Fund (4.05%)
 * TIAA-CREF International Equity Fund (9.00%)
 * TIAA-CREF Real Estate Securities Fund (6.00%)
 * TIAA-CREF Bond Fund (30%)
 * TIAA-CREF Inflation Linked Bond Fund (10%)


 * 100% Fixed Income Option
 * TIAA-CREF Bond Fund (75%)
 * TIAA-CREF Inflation Linked Bond Fund (25%)


 * TIAA-CREF Money Market Fund (100%)
 * TIAA Principal Plus Interest Option (100%)

Expenses: 0.65%; None for the Guaranteed Option.


 * Plan site
 * Plan document

Links

 * Morningstar Overview
 * State Creditor Protections for 529 Plans