New Visitors Privacy Policy Sponsorship Contact Us Media
Baby Boomers Family Green Home and Auto In Critical Condition Just Starting Out Lifestyle Money
- advertisement -
News & Advice Compare Rates Calculators
Rate Alerts  |  Glossary  |  Help
Mortgage Home
Auto CDs &
Retirement Checking &
Taxes Personal


MFS 529 Savings Plan

5 Cap Ratings
(Resident Rating) (Non-Resident Rating)

Oregon's MFS 529 Savings Plan, an advisor-sold 529 savings program features age-based and static portfolio options utilizing MFS mutual funds.

Program Details
Summary: Oregon's MFS 529 Savings Plan, an advisor-sold 529 savings program features age-based and static portfolio options utilizing MFS mutual funds.
Program type: Savings
Program manager: MFS Fund Distributors, Inc.
State residency requirements: None
Maximum contributions: Accepts contributions until all account balances in the program for the same beneficiary reach $310,000.
Minimum contributions: With lump-sum contributions, the minimum initial contribution is $250. There is no minimum for subsequent contributions or for contributions into the automatic contribution plan.
Age-based investment options: The Age-Based Investment Option contains 5 portfolios of underlying mutual funds. Contributions are placed into the portfolio corresponding to the beneficiary's age, and later reassigned to more conservative portfolios as the beneficiary approaches college age.
Static investment options: Select among 4 multi-fund options (Aggressive Growth, Growth, Moderate, and Conservative) and 14 individual-fund options.
Underlying investments: MFS mutual funds.
Enrollment or application fee: None, but contributions may be subject to a sales charge depending on share class.
Account maintenance fee: $25 annually for accounts with less than $25,000, waived for Oregon residents.
Program management fees: 0.10% management fee (includes state portion with 0.05% waiver in effect), plus distribution/servicing fees of 0.25% (Class 529A) or 1.00% (Classes 529B and 529C). The management fee has been waived from 0.10% to 0.05% with waiver end dates ranging from March 2015 to December 2015, depending upon the portfolio.
Expenses of the underlying investments: Ranges from 0.40% to 0.77% in the age-based and static multi-fund portfolios (portfolio weighted averages), and from 0.33% to 0.93% in the individual-fund portfolios. Additonal waivers are in effect with end dates ranging from August 2015 to December 2015 for the Aggressive Growth Allocation Fund, International Diversification Fund, Lifetime Income Fund, Mid Cap Growth Fund, MFS Value Fund, Research International Fund, Limited Maturity Fund, Research Bond Fund, and Cash Reserve Fund.
Total asset-based expense ratio: Class A: 0.70% - 1.44%
Class B: 1.53% - 2.19%
Class C: 1.55% - 2.19%
Program match on contributions: None.
State tax deduction or credit for contributions: Contributions to an Oregon 529 plan of up to $2,265 (for 2014) by an individual, and up to $4,530 by a married couple filing jointly, are deductible in computing Oregon taxable income, with a four-year carryforward of excess contributions. The limits are to be adjusted each year for inflation. Contribution deadline is April 15 of the following year.
Web site: Click here to visit
Telephone: 1-866-637-7526
Compare more 529 plans



Powered by
Copyright 2005, LLC. All Rights Reserved.
Bankrate disclaimer: The following disclaimer (revised only to the extent necessary to maintain consistent defined terms with’s Terms of Use) shall be displayed on or be accessible from the web pages(s) featuring Company’s Web Site Content: “The information contained in this material and related materials ("Information") is based on information from sources believed to be accurate and reliable and every reasonable effort has been made to make the Information as complete and accurate as possible but such completeness and accuracy cannot and is not guaranteed. The reader and user of the Information should use the Information as a general guide and not as the ultimate source of information. The Information is not intended to include every possible bit of information regarding the Information but rather to complement and supplement information otherwise available and the reader and user should use the Information accordingly. The Information contains information about tax and other laws and these laws may change. The reader and user should realize that any investment involves risk and the assumptions and projections used in the Information may not be how the investments turn out. The reader and user should consult with their own tax, financial and legal advisors about all of the Information.”
College Financing
Compare today's rates
Stafford - in school 4.66%
PLUS loan 7.21%
Private loan 7.35%

  College planning  
  Tax-free savings  
  Financial aid  
  Home equity loan  

College Financing Basics
Where there's a will, there's a way to pay.
The value of a degree
What is a 529 plan?
Getting more financial aid
Paying off student loans
- advertisement -

About Bankrate | Privacy Policy/Your California Privacy Rights | Online Media Kit | Partnerships | Investor Relations | Press Room | Contact Us | Sitemap
NYSE: RATE | RSS Feeds |

* Mortgage rate may include points. See rate tables for details. Click here.
* To see the definition of overnight averages click here. ®, Copyright © 2015 Bankrate, Inc., All Rights Reserved, Terms of Use.