Kansas 529 plan archive

From Bogleheads
Jump to: navigation, search

The Kansas 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
Kansas 529 Plan
Program match on contributions: The state will match on a dollar-for-dollar basis contributions up to $600 per year by Kansas residents with household incomes below 200% of the federal poverty income level under the Kansas Investments Developing Scholars (K.I.D.S.) Matching Grant Program. The program will match the first $600 contributed to a Learning Quest account for each beneficiary.
State tax deduction or credit for contributions: Contributions to any Kansas or any other state-sponsored 529 plan of up to $3,000 per beneficiary per year for an individual taxpayer, and $6,000 per beneficiary per year for a married couple filing jointly, are deductible in computing Kansas taxable income. Rollover contributions are not deductible. Contribution deadline is December 31.
State tax recapture provisions: The principal portion of nonqualified withdrawals from this plan are included in Kansas taxable income to the extent of prior Kansas tax deductions. Rollovers are not subject to recapture.
Age-based investment options: The program offers an index age-based track that invests primarily in Vanguard index funds. Accounts will move through one or more of three age-based portfolios and eventually end in the Short-Term portfolio.
Static investment options: Select among 14 options: four Vanguard index fund portfolios, a 100% Equity portfolio invested in American Century mutual funds, a Money Market portfolio invested in American Century funds, the six multi-fund portfolios used in the age-based tracks, and the LIVESTRONG™ 2015 and LIVESTRONG™ 2025 Portfolios. The two LIVESTRONG™ portfolios have a defined target year and as that date approaches, the asset mix of the underlying funds will change to a more conservative focus following a pre-set schedule. The underlying funds do not invest in any tobacco-related companies, and American Century Investments will make a contribution to the Lance Armstrong Foundation based on assets in the portfolios.
Expenses: 0.25% - 1.06%. The index age-based track is 0.50% all-inclusive. Individual Index portfolios are 0.25% - 0.28%.
Policy Regarding Ownership Changes: Accepts requests to transfer account ownership.


Single Funds
Total Growth Index Portfolio (ER 0.26%) Balanced Index Portfolio (ER 0.28%) Stand-alone Portfolios
  • Vanguard Total Stock Market Index Fund (85%)
  • Vanguard Total International Index Fund (15%)
  • Vanguard Institutional Balanced Index Fund (100%)
  • Vanguard Institutional 500 Index Fund (ER 0.25%) (100%)
  • Vanguard Institutional Total Bond Index Fund (ER 0.25%) (100%)

External links