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.

Enroll

State 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.

Facebook

General Recommendation

This is a direct sold 529 plan, not rated by Morningstar.