LoneStar 529 Plan
The LoneStar 529 Plan is a 529 plan available in Texas that offers families a comprehensive solution for saving for higher education expenses. One unique aspect of this plan is its flexibility, as it allows account holders to choose from a variety of investment options, including age-based portfolios and individual fund options. This enables investors to customize their strategy based on their goals and risk tolerance. The plan provides tax advantages, such as tax-free growth and tax-free withdrawals for qualified education expenses. Additionally, Texas residents may be eligible for a state income tax deduction for contributions made to the plan, further maximizing savings potential. The LoneStar 529 Plan aims to help families efficiently save for their educational goals.
EnrollState Tax Incentive
No state income tax
Program Manager
Orion Advisor Solutions, Inc.
Investment Manager(s)
Vanguard, PIMCO, T. Rowe Price, DFA, New York Life
Plan type
Advisor
Investments
Guided Investments
target-enrollment-portfolios
ESG Investments
No
Avg. expense fee
0.740%
Fee Range
0.59% - 1.75%
Ratings
Backer Rating
Our rating is based on fees and tax savings advantages.
28%
for TX residents
28%
non-residents
Saving For College
Unbiased, independent resource for parents.
4
for TX residents
4
non-residents
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.
No
General Recommendation
This is an advisor sold 529 plan, not rated by Morningstar.
