Missouri's 529 Education Plan (MOST)

MOST Missouri's 529 Education Plan (Direct-Sold) is a 529 plan designed to help families save for higher education expenses. One unique aspect of this plan is its low fees, making it an attractive option for cost-conscious investors. It offers a variety of investment options, including age-based portfolios and individual fund options, allowing account holders to customize their investment strategy. The plan also provides tax advantages, such as tax-free growth and tax-free withdrawals for qualified education expenses. Additionally, Missouri residents may be eligible for a state tax deduction for contributions made to the plan, providing further savings incentives.
EnrollState Tax Incentive
$8,000 single / $16,000 joint beneficiary
Program Manager
Ascensus
Investment Manager(s)
Vanguard, DFA
Plan type
Direct
Investments
Guided Investments
age-based
ESG Investments
No
Avg. expense fee
0.190%
Fee Range
0.02%-0.27%
Ratings
Backer Rating
Our rating is based on fees and tax savings advantages.
71%
for MO residents
71%
non-residents
Saving For College
Unbiased, independent resource for parents.
4.5
for MO residents
4.5
non-residents
Morningstar Rating
Once a year, the financial services firm Morningstar releases its 529 ratings.
Other
Connect with Mint.com
Track your finances in one place.
Yes
Connect with Backer
Full end to end enrollment, gifting and plan management.
Gifting Only
Mobile app
Backer App covers this plan.
Yes
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Check out latest news about this plan.
General Recommendation
This is a direct sold 529 plan, rated as silver by Morningstar.