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.

Enroll

State 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.

Bronze

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.

@MOST529

General Recommendation

This is a direct sold 529 plan, rated as silver by Morningstar.