UNIQUE College Investing Plan
The Unique College Investing Plan is a 529 plan available in New Hampshire that offers families a unique approach to saving for higher education expenses. One notable aspect of this plan is its focus on socially responsible investing, allowing account holders to invest in funds that align with their values and support environmentally and socially conscious companies. The plan offers a range of investment options, including age-based portfolios and individual fund options, providing flexibility for account holders to tailor their investments to their specific goals. It provides tax advantages, such as tax-free growth and tax-free withdrawals for qualified education expenses. Additionally, New Hampshire residents may be eligible for a state income tax deduction for contributions made to the plan, further enhancing the savings potential.
EnrollState Tax Incentive
No state income tax
Program Manager
Fidelity Investments
Investment Manager(s)
Fidelity
Plan type
Direct
Investments
Guided Investments
age-based
ESG Investments
Yes
Avg. expense fee
0.155%
Fee Range
0.11%-0.95%
Ratings
Backer Rating
Our rating is based on fees and tax savings advantages.
49%
for NH residents
49%
non-residents
Saving For College
Unbiased, independent resource for parents.
4
for NH residents
4
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.
No
Connect with Backer
Full end to end enrollment, gifting and plan management.
Gifting Only
Mobile app
Backer App covers this plan.
Yes
General Recommendation
This is a direct sold 529 plan, rated as bronze by Morningstar.
