Why choose the MI 529 Advisor Plan

As a financial professional, we realize you have many choices when it comes to your 529 plan savings business. The MI 529 Advisor Plan (MAP) is dedicated to helping financial professionals and their clients with the tools and resources necessary to achieve education savings success.

Here are three reasons why financial professionals choose us:

1. Distinctive experience - With MAP, you and your clients access the capabilities of two world-class financial organizations, TIAA and Nuveen. TIAA¹ is a pioneer in the 529 industry that brings deep knowledge and demonstrated experience in managing every aspect of a successful 529 program. Nuveen, investment manager of TIAA, offers capabilities that span public and private markets, over five decades of leadership in responsible investing and a 125-year history of helping clients meet their financial goals.
2. Active/passive blend - The Plan has a dedicated team of investment professionals focused solely on managing 529 plans. The team leverages top-tier managers and highly-rated funds to take advantage of investment opportunities wherever they exist—across asset classes and market sectors. For this reason, the Enrollment Year Investment Portfolios have a smart blend of active and passive underlying funds, seeking to deliver benchmark-beating performance while maintaining competitive fees.
3. Uncompromising support - The MAP service team is always ready to help – whether it is with opening an account, answering questions or handling requests. In addition, you will find a wealth of resources to help achieve your education saving goals in our ‘Literature’ section of this website.

Bonus for Michigan residents

When exploring 529 plan options, it is important to know what tax benefits are in place in your clients’ home state. In fact, Michigan-based clients can deduct net contributions up to $10,000 (for joint filers) from their annual state taxable income ($5,000 for single filers). Use our college savings calculator to get a clear picture on potential tax savings for based on your client inputs.