Minnesota College Savings Plan

Could you use
up to $500*
for college?

Could you use up to
$500* for college?

You're in the right place.

I'M READY TO SWITCH!

Switch to the Minnesota College Savings Plan (MCSP), Minnesota's official direct-sold 529 college savings plan, and give your savings a boost.

With the sixth-lowest fees among 529 plans in the nation, MCSP** is a simple and affordable way for families to save for higher education costs. Plus, MCSP offers state tax benefits just for Minnesota residents:

  • Annual tax deduction of up to $3,000 or a $500 tax credit on new contributions to the plan (rollover contributions cannot be claimed). See details.
  • Any potential earnings grow free from Minnesota and federal taxes

Rollover your current 529 college savings account to MCSP before September 1, 2019, and you could get up to $500 (see chart below). Just use this form to get started.


Balance Amount

**Strategic Insight, First Quarter 2019 529 College Savings Quarterly Fee Analysis

Contact Chris McLeod to get your
incentive contribution processed.

Contact Chris McLeod to get your incentive contribution processed.

952-830-3127
Chris.mcleod@tiaa.org

No account to rollover?
No problem.

It's never too early or too late to start saving for your child's higher education costs. Start saving today by opening your Minnesota College Savings plan. It takes about 15 minutes online, or download a PDF of our enrollment application.

Visit mnsaves.org to learn more about saving for college with the Minnesota College Savings Plan.