Michigan offers direct and advisor sold 529 plans with state tax savings of $5,000 single / $10,000 joint beneficiary if assets are invested in the home state 529 plan, along with federal tax benefits. The plans offer a diverse mix of both static and dynamic investments.
Michigan Education Savings Program (MESP) is direct sold 529 plan with investments options from TIAA, Vanguard, & Schwab. It is currently rated silver by Morningstar. Michigan offers state tax benefits for residents.
MI 529 Advisor Plan is advisor sold 529 plan with investments options from TIAA. It is currently not rated by Morningstar. Michigan offers state tax benefits for residents.
Michigan Education Trust (MET) is direct sold 529 plan with investments options from Various. It is currently not rated by Morningstar. Michigan offers state tax benefits for residents.