How does the MOST 529 Advisor Plan work?
When you open an account, you choose to invest in one or more of 21 different investment options (portfolios), including three allocation portfolios. Each portfolio invests in underlying investments offered by a variety of investment managers. Interests in the Plan are municipal fund securities. Contributions made to your account grow federal and Missouri tax deferred and the distributions are free from federal income taxes if used for qualified higher education expenses.
Related Questions
- Does the offering of a professional investment advisor potentially decrease the Plan Sponsors fiduciary liability?
- Are AB212 participants required to meet with an Advisor and complete an annual Professional Development Plan?
- How does the professional investment manager/advisor option impact plan design?
