Texas 529 plan archive
|This page has been superseded by 529 plans by state. The information shown here is for historical purposes only and may be inaccurate.|
The Texas 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
|Program match on contributions:||none|
|State tax deduction or credit for contributions:||Not applicable. Texas does not have a personal income tax.|
|State tax recapture provisions:||Not applicable. Texas does not have a personal income tax.|
|Age-based investment options:||Select either the Blended Age-based Portfolios, which offers underlying investments that are both actively and passively managed, or the Index Age-Based Portfolios, which offers passively managed investments. Each option consists of six portfolios of underlying investments. Contributions are placed into the portfolio that corresponds to the age of the beneficiary. The portfolios automatically shift to a more conservative investment allocation over time.|
|Static investment options:||Select among four multi-fund portfolios: two Equity portfolios and two Balanced portfolios. Each allocation offers the choice between an active/passive blend of underlying investments and an all-index portfolio.|
|Single funds:||The Texas 529 plan provides for two indexed fund of funds portfolios and three individual bond fund portfolios.|
|Expenses:||0.46%-0.83%. Index funds: 0.51% - 0.70%. Portfolios that invest in Vanguard Index funds and the TIAA-CREF S&P 500 Index Fund are charged an additional administrative fee of 0.25% - 0.32% of assets invested in those funds.|
|Policy Regarding Ownership Changes:||Accepts requests to transfer account ownership.|
The Texas 529 savings plan utilizes the indexed age-based portfolio listed below.
The following table shows the constituent funds for the Texas 529 savings plan's equity index and balanced index portfolios.
|Index 100% Equity Portfolio (ER 0.54%)||Balanced Index Portfolio (ER 0.55%)|