VANGUARD COLLEGE SAVINGS PLANNER PROFESSIONAL

VANGUARD COLLEGE SAVINGS PLANNER PROFESSIONAL

You should also consult your legal or tax professional for tax advice based on your own circumstances. Please Note: Before you invest, consider whether your or the beneficiary’s home state offers any state tax or other state benefits such as financial aid, scholarship funds, and protection from creditors that are only available for investments in that state’s qualified tuition program. Read and consider it carefully before investing. Analyst ratings are subjective in nature and should not be used as the sole basis for investment decisions.įor more information about Wisconsin's Edvest 529 College Savings Plan, call 1-88 or click here for a Plan Description which includes investment objectives, risks, charges, expenses, and other important information.

A Morningstar Analyst Rating for a 529 college savings plan is not a credit or risk rating. Past performance does not predict future results. compensates Morningstar for the ability to quote these ratings in public communications. For more information about Morningstar’s overview of Wisconsin's Edvest 529 College Savings Plan, go to. The four key pillars used by Morningstar to evaluate 529 college savings plans include – Process, People, Parent, and Price. These plans offer investment options that Morningstar expects will collectively outperform and exhibit some combination of the following attractive features: a well-researched asset-allocation approach, a robust process for selecting underlying investments, a well-resourced and experienced investment management team, strong, stable and engaged oversight from the state and low fees. In an annual review () of the largest 529 college savings plans (54 plans representing 93% of 529 assets), Morningstar identified 34 plans that rose above their typical peers, awarding those plans Gold, Silver, and Bronze Morningstar Analyst Ratings for 2022.The Edvest 529 College Savings Plan average annual asset-based fees are 0.16% for all portfolios compared to 0.51% for all 529 plans. 3Source: ISS Market Intelligence 529 College Savings Fee Analysis Q4 2022.2If the funds aren’t used for qualified higher education expenses, a 10% penalty tax on earnings (as well as federal and state income taxes) may apply.Wisconsin taxpayers can qualify for a 2023 state tax deduction up to $3,860 annually per beneficiary from contributions made into an Edvest 529 College Savings Plan (married couples filing separately and divorced parents may claim a maximum of $1,930). 1Wisconsin taxpayers can qualify for a 2022 state tax deduction up to $3,560 annually per beneficiary from contributions made into an Edvest 529 College Savings Plan (married couples filing separately and divorced parents may claim a maximum of $1,780).Investment returns are not guaranteed and you could lose money by investing in the Plan. The Plan's portfolios, although they invest in Vanguard mutual funds, are not mutual funds. Ascensus Broker Dealer Services, Inc., serves as Program Manager and has overall responsibility for the day-to-day operations.

The Vanguard Group, Inc., serves as the Investment Manager and through its affiliate, Vanguard Marketing Corporation, markets and distributes the Plan.

The Vanguard 529 College Savings Plan is a Nevada Trust administered by the office of the Nevada State Treasurer. Other state benefits may include financial aid, scholarship funds, and protection from creditors. Vanguard Marketing Corporation, Distributor. If you are not a Nevada taxpayer, consider before investing whether your or the designated beneficiary's home state offers any state tax or other benefits that are only available for investments in such state's qualified tuition program. All rights reserved.įor more information about The Vanguard 529 College Savings Plan, visit to obtain a Program Description PDF, which includes investment objectives, risks, charges, expenses, and other information read and consider it carefully before investing. You should consult your own tax advisor or financial advisor for more information on the tax implications and benefits or disadvantages of investing in a 529 plan based on your own particular circumstances.ĥ29 data provided by SS&C. This tool isn't intended to constitute, nor does it constitute, tax advice or an investment recommendation. You should review the most current information about any 529 savings plan by contacting the plan provider to obtain a Program Description, which includes investment objectives, risks, charges, expenses, and other information read and consider it carefully before investing. The data for this tool is updated quarterly for performance and annually (August) for Plan data. *The availability of tax or other benefits may be contingent on meeting other requirements.

Vanguard college savings planner