MI 529 Advisor Plan

Gifting, Estate & Legacy Planning

Children outgrow toys and clothes, but when you make a contribution to their college savings, you’re giving them a gift that grows with them.

Most parents can’t cover 100% of their son or daughter’s college education. With the gift options from the MI 529 Advisor Plan, you don’t have to. A unique part of the plan is the capability to give and receive gift contributions from friends and family — making supporting a child’s future education a win-win for everyone. Your account may grow faster. And in certain cases, the contributor can receive state tax benefits to incorporate the gift into their overall estate and legacy planning. Consult your tax professional.