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MFS 529 Savings Plan
3.5 / 5
Our rating
OR resident benefits
Oregon's MFS 529 Savings Plan, an advisor-sold 529 savings program features year of enrollment and risk-based portfolio options utilizing MFS mutual funds. To find a financial advisor in your area, use the Directory of Financial Professionals.
Scores for each ratings category
2.89 / 5
Performance
4.64 / 5
Ease of Use
3.61 / 5
Savings Success
3.4 / 5
Program Delivery
KEY METRICS
OVERVIEW
Program type
Inception
State agency
Tax deduction
For single filers: None
For joint filers: None
Program manager
Program distributor
Manager contract term
MORE INFORMATION
Eligibility
State residency requirements:
Who can be a participant/owner in the program?
Significant time or age restrictions imposed by the program:
Contributions
Maximum contributions:
Minimum contributions:
Does the program offer an e-gifting platform for receiving gift contributions?
Investment Options
Investors in MFS 529 Savings Plan can select from the following investment options. Click on a portfolio name for more information.
| Portfolio | E.R. | % Equity | 1yr performance |
|---|---|---|---|
| Enrollment Year 2041 | 1.01% | 85.24% | 5.22% |
| Enrollment Year 2040 | 1% | 83.28% | 5.3% |
| Enrollment Year 2039 | 1% | 81.32% | 5.3% |
| Enrollment Year 2038 | 1% | 79.36% | 5.24% |
| Enrollment Year 2037 | 0.99% | 77% | 5.26% |
| Enrollment Year 2036 | 0.99% | 74.64% | 5.28% |
| Enrollment Year 2035 | 0.99% | 72.48% | 5.22% |
| Enrollment Year 2034 | 0.98% | 69.12% | 5.25% |
| Enrollment Year 2033 | 0.98% | 65.76% | 5.28% |
| Enrollment Year 2032 | 0.97% | 62.6% | 5.31% |
| Enrollment Year 2031 | 0.97% | 57.64% | 5.35% |
| Enrollment Year 2029 | 0.95% | 47.72% | 5.27% |
| Enrollment Year 2028 | 0.94% | 41.76% | 5.42% |
| Enrollment Year 2027 | 0.93% | 34.3% | 5.49% |
| Enrollment Year 2026 | 0.92% | 24.84% | 5.56% |
| Enrollment Year 2025 | 0.9% | 17.38% | 5.81% |
| Enrollment Year 2024 | 0.88% | 9.92% | 5.67% |
| Enrollment Year 2023 | 0.87% | 4.96% | 5.23% |
| Enrollment Year 2022 | 0.87% | 0% | 4.61% |
| Enrollment Year 2021 | 0.87% | 0% | 4.06% |
| Enrollment Year 2019 | 0.87% | 0% | 4.14% |
| Enrollment Year 2030 | 0.96% | 52.68% | 5.31% |
| Enrollment Year 2020 | 0.87% | 0% | 4.16% |
| Enrollment Year 2042 | 1.01% | 87.2% | 5.15% |
| Enrollment Year 2043 | 1.01% | 87.2% | N/A |
Age-based/Enrollment Year investment options:
Static investment options:
Underlying investments:
Underlying fund allocations:
Portfolio Fees & Performance Lookup
Fees & Expenses
Enrollment or application fee:
Account maintenance fee:
Program management fees:
Expenses of the underlying investments:
Total asset-based expense ratio:
Class I: 0.58% - 0.92%
Broker loads and commissions:
Breakpoint pricing:
Does breakpoint pricing include non-529 assets under rights of accumulation policies
Taxes and other Benefits
Tax deduction for single filers:
Tax deduction for joint filers:
Note:
Program match on contributions:
State tax deduction or credit for contributions:
State tax recapture provisions:
State definition of qualified expenses
State tax treatment of qualified distributions:
State tax treatment of rollovers:
Does the sponsoring state exclude the value of an account for state financial aid purposes?
Does participation in the program provide beneficiaries with any advantages in qualifying for resident tuition status at state institutions?
Is there a rewards program or outside scholarship program that works with this program?
Statutory protection of an account from creditors:
Distributions & Terminations
To whom are distributions made payable:
Account Changes
Policy regarding participant/owner changes:
Documents, Access & Reporting
Does participant have online password-protected access to account?
Can the complete enrollment process including funding be done online?
Documents and other services accessible or downloadable on the program's public Web site:
Contact
Website:
Telephone:
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