Tomorrow's Scholar 529 Plan

The Tomorrow Scholar 529 Plan is a college savings plan available in Wisconsin that provides unique features to help families save for higher education. This plan offers a diverse range of investment options, including age-based portfolios and individual fund choices, allowing participants to customize their investment strategy based on their risk tolerance and preferences. One distinctive aspect of the Tomorrow Scholar 529 Plan is its affiliation with well-known asset managers, providing participants access to professionally managed investment options. The plan also offers potential state tax benefits, including a state income tax deduction for Wisconsin residents' contributions. Furthermore, the plan allows for flexibility in using funds at eligible colleges, universities, and trade schools nationwide. Overall, the Tomorrow Scholar 529 Plan provides Wisconsin residents with a comprehensive and flexible tool for saving for educational expenses.

Enroll

State Tax Incentive

$3,380 single / $3,380 joint beneficiary

Program Manager

Voya Investment Management

Investment Manager(s)

Voya

Plan type

Direct

Investments

Guided Investments

age-based

ESG Investments

No

Avg. expense fee

0.530%

Fee Range

0.40%-0.59%

Ratings

Backer Rating

Our rating is based on fees and tax savings advantages.

45%

for WI residents

28%

non-residents

Saving For College

Unbiased, independent resource for parents.

4.5

for WI residents

4

non-residents

Other

Connect with Mint.com

Track your finances in one place.

Yes

Connect with Backer

Full end to end enrollment, gifting and plan management.

Gifting Only

Mobile app

Backer App covers this plan.

No

Plan in the news?

Check out latest news about this plan.

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General Recommendation

This is a direct sold 529 plan, rated as negative by Morningstar.