New Mexico offers direct and advisor sold 529 plans with state tax savings of full amount of contribution 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.
The Education Plan (Direct-Sold) is direct sold 529 plan with investments options from Vanguard, Schwab, Blackrock, New York Life & TIAA. It is currently rated bronze by Morningstar. New Mexico offers state tax benefits for residents.
Scholar's Edge (Advisor-Sold) is advisor sold 529 plan with investments options from Vanguard, JPMorgan, New York Life & Blackrock. It is currently rated neutral by Morningstar. New Mexico offers state tax benefits for residents.