Difference between revisions of "Ohio 529 plan archive"

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Latest revision as of 01:55, 7 November 2017

The Ohio 529 plan archive 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
Ohio 529 Plan:
Program match on contributions: none
State tax deduction or credit for contributions: Contributions to any of Ohio's 529 plans of up to $2,000 per beneficiary per year are deductible in computing Ohio taxable income, with an unlimited carryforward of excess contributions. Contribution deadline is December 31.
State tax recapture provisions: The principal portion of nonqualified withdrawals from this plan are included in Ohio taxable income to the extent of prior Ohio tax deductions. Nonqualified withdrawals for this purpose do not include withdrawals made as the result of the beneficiary's death or disability, withdrawals made on account of the beneficiary's receipt of a scholarship, or rollovers.
Age-based investment options: The plan offers one Advantage Age-Based Option with Vanguard, PIMCO, Oppenheimer, and GE funds, and three Vanguard Age-Based Options with a choice for different risk levels (Aggressive, Moderate, and Conservative). Under the Advantage Age-Based Option, contributions are allocated among 12 mutual funds based on the age of the beneficiary, and a reallocation occurs every three months until the beneficiary reaches age 21. Under the Vanguard Age-Based Option, contributions are placed into one of five mutual-fund portfolios corresponding to the selected risk level and age of the beneficiary, and reassigned to more conservative portfolios as the beneficiary approaches college age.
Static investment options: The non-Vanguard investment options consist of a Putnam stable value fund (only available to Ohio residents), two PIMCO funds, an Oppenheimer small-cap fund, and a GE international equity fund. The Vanguard investment options consist of four multi-fund portfolios and seven individual-fund portfolios. The Fifth Third Bank options consist of certificates of deposit and a savings account.
Expenses: 0.19% - 0.91%; None for Fifth Third Bank options
Policy Regarding Ownership Changes: Accepts requests to transfer account ownership.

Investment options


The Ohio 529 savings plan offers an indexed age-based plan, divided among aggressive, moderate, and conservative portfolios, each holding the multi-fund portfolios detailed in the static funds section below.

Age based portfolios
Vanguard funds
Portfolio 0-5 6-10 11-15 16-18 19+
Aggressive Aggressive Growth Growth Moderate Growth Conservative Growth Income
Moderate Growth Moderate Growth Conservative Growth Income Income
Conservative Moderate Growth Conservative Growth Income Income Prime Money Fund


The Ohio 529 savings plans offers five static multi-fund index portfolios, with the underlying funds listed below.

Multifund portfolios
Vanguard funds
Aggressive Growth
(ER 0.23%)
(ER 0.27%)
Moderate Growth
(ER 0.24%)
Conservative Growth
(ER 0.25%)
(ER 0.27%)
  • Total Stock Market Index Fund (80%)
  • Developed Markets Index Fund (20%)
  • Total Stock Market Index Fund (60%)
  • Institutional Developed Markets Index Fund (15%)
  • Total Bond Market Index Fund (25%)

  • Total Stock Market Index Fund (40%)
  • Institutional Developed Markets Index Fund (10%)
  • Total Bond Market Index Fund (50%)
  • Total Stock Market Index Fund (20%)
  • Institutional Developed Markets Index Fund (5%)
  • Total Bond Market Index Fund (75%)
  • Total Bond Market Index Fund (50%)
  • Inflation-Protected Securities Fund (25%)
  • Prime Money Market Fund (25%)


The plan offers the following standalone single fund options.

Standalone funds
Vanguard funds Expense ratio Other Funds Expense ratio
S&P 500 Index 0.19% Oppenheimer Main Street Small- & Mid-Cap Option 1.04%
Extended Market Index 0.27% GE Institutional International Equity Option 0.73%
Windsor II 0.46% PIMCO Total Return 0.62%
Morgan Growth 0.50% PIMCO High Yield 0.71%
Developed Market Index 0.27%
Wellington 0.42%
Inflation Indexed Bond 0.28%
Prime Money Market Fund 0.28%

External links