Minnesota 529 College Savings Plan


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Minnesota 529 College Savings Plan

Minnesota College Savings Plan

The Minnesota 529 Savings Plan is administered by the Minnesota Office of Higher Education and is managed by TIAA-CREF Tuition Financing, Inc. The plan offers tax-deferred growth and if used for qualified higher education expenses, withdrawals will be federal and Minnesota state tax free. There are no start-up fees and annual costs are very low (0.60 to 0.65%). For more information, visit the Minnesota 529 page at the Minnesota College Savings Plan website. You should also check with a financial advisor and tax advisor to see if a 529 investment is right for you.


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