MI 529 Advisor - Implementing a Plan

Contact Us
FAQs
Account Access: Investors
Advisors

Implementing a Plan

There is no limit to how many different kinds of savings plans can be constructed using MI 529 Advisor, providing families with different savings needs the maximum flexibility they need. Below are three examples of different savings paths that can help families reach their college savings goals.

The Steady Saver

The Late Saver

The Lump Sum Saver

The Steady Saver

Some parents may begin saving for college using a MI 529 Advisor Plan around the time their child is born. They might choose to invest in an age-based portfolio which adjusts at six different ages as the child grows. This portfolio gradually moves the asset allocation mix away from more aggressive capital appreciation investments towards investments geared toward capital preservation – designed to preserve, rather than aggressively grow, wealth.

Allocation

Age-based Investment Portfolio

College Savings Path

Steady Saver College Savings Path Chart

The Late Saver

Some parents begin saving for college late in the game. MI 529 Advisor Plan provides options for them as well. In this case we see an example of parents who choose a more aggressive mix. It utilizes the basic age-based portfolio, but tweaks it, tilting it significantly toward the more aggressive capital appreciation portfolio in order to build enough assets and meet your unique needs to fund a college education.

Allocation

Age-based Investment Portfolio

and

Customized Investment Portfolio.

College Savings Path

Late Saver College Savings Path Chart

The Lump-Sum Saver

Some parents may be fortunate to start out funding their MI 529 Advisor Plan with a large lump sum of money. As a result they may have almost enough to pay for college early on and their goal may largely be to keep pace with college-cost inflation. Here the logical choice might be to put the majority of their assets, and then "tweak" their asset allocation by adding one or more select funds to the mix.

Allocation

Customized Investment Portfolio

and

Individual Investment Portfolio

College Savings Path

Lump-Sum Saver College Savings Path Chart

Advisor Login

Before investing, you should consider whether your state of residency, or your intended beneficiary's state of residency, offers a state tax deduction or any other benefits that are only available for investments in that state's 529 savings program.

An investor should consider the investment objectives, risks and charges and expenses of the MI 529 Advisor Plan before investing. This and other important information is contained in the Plan Disclosure Statement, which should be read carefully before investing, and which is also available from your financial advisor.

Not FDIC Insured | May Lose Value | No Bank Guarantee

The MI 529 Advisor Plan is a Section 529 college savings plan sponsored by the State of Michigan, is managed by TIAA-CREF Tuition Financing, Inc., and administered and distributed by Allianz Global Investors Distributors LLC., 1633 Broadway, New York, NY 10019-7585, 1-866-529-8818.

NOTICE: MI 529 Advisor Plan accounts are not insured or guaranteed by any state, and neither the principal deposited nor any investment return is guaranteed by any state. Furthermore, the accounts are not insured, nor the principal or any investment return guaranteed by the federal government, the Federal Deposit Insurance Corporation (the “FDIC”) or any other federal agency.