What is the MOST 529 Advisor Plan?
The MOST 529 Advisor Plan is a 529 college savings plan designed to help individuals and families save for college in a tax-advantaged way. Its benefits include: federal and Missouri tax-deferred growth, generous maximum contribution limits, attractive investment options, and professional investment management. All of the contributions made to an account grow federal and Missouri tax deferred and the distributions are free from federal income taxes if used for qualified higher education expenses.1 The MOST 529 Advisor Plan is offered by the Missouri Higher Education Savings Program Board, with program management by Upromise Investments, Inc.
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?
