The Hartford SMART529

The Hartford SMART529 is a 529 college savings plan available in West Virginia that offers unique features to help families save for higher education. One notable aspect of this plan is its partnership with The Hartford, a well-established financial institution, which provides access to a variety of investment options. Participants can choose from age-based portfolios and individual fund choices, allowing for customization based on their investment preferences. The plan offers potential state tax benefits for West Virginia residents, including a deduction for contributions. Another distinctive feature is the availability of a rewards program, where account holders can earn cash back on eligible purchases that can be directly deposited into their SMART529 account. Overall, The Hartford SMART529 provides West Virginia residents with a comprehensive and rewarding option for saving for future educational expenses.

Enroll

State Tax Incentive

Full amount of contribution

Program Manager

Hartford Funds Management Company

Investment Manager(s)

Hartford Funds, Blackrock, MFS, Invesco

Plan type

Advisor

Investments

Guided Investments

age-based

ESG Investments

No

Avg. expense fee

0.530%

Fee Range

0.13%-0.88%

Ratings

Backer Rating

Our rating is based on fees and tax savings advantages.

51%

for WV residents

25%

non-residents

Saving For College

Unbiased, independent resource for parents.

5

for WV residents

4.5

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.

No

General Recommendation

This is an advisor sold 529 plan, rated as neutral by Morningstar.