SMART529 Direct

The SMART529 WV Direct College Savings Plan is a 529 college savings plan available to residents of West Virginia. This plan offers a range of investment options, including age-based portfolios and individual fund choices, allowing participants to customize their investment strategy based on their goals and risk tolerance. One unique feature of this plan is the potential state tax benefits for West Virginia residents, including a deduction for contributions made to the plan. The SMART529 WV Direct College Savings Plan also provides flexibility, allowing funds to be used at eligible colleges, universities, and trade schools nationwide. Additionally, the plan offers an automatic contribution program, making it convenient for account holders to regularly contribute to their savings. Overall, the plan offers West Virginia residents a tax-advantaged and flexible way to save for higher education expenses.
EnrollState Tax Incentive
Full amount of contribution
Program Manager
Hartford Funds Management Company
Investment Manager(s)
Vanguard, Invesco
Plan type
Direct
Investments
Guided Investments
age-based
ESG Investments
No
Avg. expense fee
0.580%
Fee Range
0.04%-0.13%
Ratings
Backer Rating
Our rating is based on fees and tax savings advantages.
54%
for WV residents
28%
non-residents
Saving For College
Unbiased, independent resource for parents.
5
for WV residents
5
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.
Yes
Plan in the news?
Check out latest news about this plan.
General Recommendation
This is a direct sold 529 plan, not rated by Morningstar.