Hawaii 529 plan
The Hawaii 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
|Program match on contributions:||none|
|State tax deduction or credit for contributions:||none|
|Age-based investment options:||The Age-Based Option contains four portfolios of underlying investment strategies. 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 four multi-fund portfolios (Growth, Moderate Growth, Conservative Growth, and Income) and two individual-fund portfolios (Total Stock Market Index and Money Market).|
|Expenses:||0.75%; maintenance fee: $20 annually|
|Policy Regarding Ownership Changes||Accepts requests to transfer account ownership.|
|Policy Regarding Beneficiary Changes:||Accepts requests to change designated beneficiary.|
|Policy Regarding Rollovers:|| Accepts incoming direct and indirect rollovers.
Allows outgoing direct and indirect rollovers.
The age-based plan utilizes the portfolios listed below. The portfolios have the same allocations as the namesake static multi-fund portfolios.
The following static multi-fund and standalone portfolios are available to investors in the Hawaii 529 savings plan.
|Growth Portfolio||Moderate Growth Portfolio||Conservative Growth Portfolio||Income Portfolio||Stand-alone Portfolios||
- Direct link to 529 plan site
- Plan document
- Morningstar Overview
- State Creditor Protections for 529 Plans