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MNSAVES is a great way to save for college. Pay for tuition, supplies, room & board. Offers low fee investments plus state & federal tax benefits.
For more information about the Minnesota College Savings Plan, call 1-877-338-4646 or click here for a Plan Description which includes investment objectives, risks, charges, expenses, and other important information. Read and consider it carefully before investing.
You can open a Minnesota 529 College Savings Plan (MNSAVES) account quickly and easily—and for as little as $25. Start their education savings now! Check out our video for a step-by-step guide to opening your own Minnesota 529 College Savings Plan account. Social Security Number or Taxpayer Identification Number.
For more information about the Minnesota College Savings Plan, call 1-877-338-4646 or click here for a Plan Description which includes investment objectives, risks, charges, expenses, and other important information. Read and consider it carefully before investing.
Minnesota taxpayers can reduce their state taxable income up to $3,000 if married filing jointly ($1,500 filing single) for contributions made into a Minnesota College Savings Plan. 1 Investment earnings are 100% free from federal and Minnesota state taxes when used for qualified education expenses. 2
MNSAVES is a state-sponsored tax-advantaged 529 college savings plan that helps families and individuals plan and prepare for the cost of education. The plan’s investment options vary in risk from conservative to aggressive.
Minnesota College Savings (529) Plan. Established by the Minnesota Legislature in 1997, the Minnesota College Savings Plan is an education savings plan designed to help families set aside funds for future college costs.
Minnesota College Savings Plan is a TIAA-managed 529 savings program features an Enrollment Year Investment Option, seven Multi-fund options and three Single fund options and a guaranteed option.
The Minnesota 529 plan is called the Minnesota College Savings Plan that offers a tax deduction to help you save for college. Minnesota also has a 529 Able Plan as well.
Explore the different ways you can save for college with the Minnesota 529 College Savings Plan. Our tools apply your financial goals, investment timelines and more to help you choose the right options for your plan.