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.
EnrollState 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.