College & Career

South Dakota

CollegeAccess 529 (Advisor-sold)
5 Cap Ratings
rating grahic rating grahic
(Resident Rating) (Non-Resident Rating)
Summary

The South Dakota CollegeAccess 529 advisor-sold only plan offers age-based, static asset allocation, and individual fund portfolio options utilizing a large array of investment managers including Allianz Global Investors U.S., Boston Company, Dodge & Cox, Franklin Templeton, Voya, Marsico, Morgan Stanley, NFJ, PIMCO, Royce, TIAA-CREF and Thornburg mutual funds.

Program Details
  • Summary: The South Dakota CollegeAccess 529 advisor-sold only plan offers age-based, static asset allocation, and individual fund portfolio options utilizing a large array of investment managers including Allianz Global Investors U.S., Boston Company, Dodge & Cox, Franklin Templeton, Voya, Marsico, Morgan Stanley, NFJ, PIMCO, Royce, TIAA-CREF and Thornburg mutual funds.
  • Program type: Savings
  • Program manager: Allianz Global Investors Distributors LLC
  • State residency requirements: None
  • Maximum contributions: Accepts contributions until all account balances in South Dakota's 529 plan for the same beneficiary reach $350,000.
  • Minimum contributions: With lump-sum contributions, the minimum initial contribution is $1,000 ($250 per investment option), and the minimum subsequent contribution is $50 per investment option. With the automatic investment plan, the minimum initial contribution is $250 and the minimum subsequent contribution level is $50 per month.
  • Age-based investment options: The Age-Based Option consists of 5 portfolios of underlying mutual funds. Contributions are placed into the portfolio corresponding to the age of the beneficiary or the anticipated years to matriculation, and later reassigned to more conservative portfolios as the beneficiary approaches college age.
  • Static investment options: Select among 3 multi-fund portfolios (Diversified Equity, Diversified Bond, and Money Market Plus) and 15 individual-fund portfolios. The 5 portfolios in the age-based option are also available as static investments.
  • Underlying investments: Mutual funds managed by Allianz, Boston Company, Columbia, Dodge & Cox, Franklin Templeton, Voya, Morgan Stanley, NFJ, PIMCO, Royce, TIAA-CREF and Thornburg.
  • Enrollment or application fee: None, but contributions may be subject to a sales charge depending on share class.
  • Account maintenance fee: $5 per quarter for accounts with less than $20,000. The fee is waived for participants with an automatic investment plan, accounts where a common owner has accounts aggregating over $50,000 of value, and for South Dakota residents.
  • Program management fees: 0.35% manager fee (waived for SD residents), plus distribution/servicing fees of 0.35% (Classes A and SD-A), 1.10% (Classes B and C), or 1.00% (Class SD-C)
  • Expenses of the underlying investments: Ranges from 0.46% to 0.63% (portfolio weighted average) in the age-based, 0.32% to 0.66% in the static multi-fund portfolios, and 0.18% to 1.07% in the individual-fund portfolios.
  • Total asset-based expense ratio: Class A: 0.63% - 1.77%
    Class B: 0.63% - 2.52%
    Class C: 0.63% - 2.52%
    Class SD-A: 0.28% - 1.42%
    Class SD-C: 0.28% - 2.07%
  • Program match on contributions: None.
  • State tax deduction or credit for contributions: Not applicable. South Dakota does not have a personal income tax.
  • Web site: Click here to visit
  • Telephone: 1-866-529-7462
  • Twitter
  • Facebook
Powered by Savingforcollege.com
Copyright 2011 Savingforcollege.com, LLC. All Rights Reserved.

Show Show Bankrate.com's disclaimer

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.

MORTGAGE HOME EQUITY AUTO CDs CREDIT CARDS
Product Rate Change Last week
30 year fixed, 0 point 4.32%  0.05 4.27%
15 year fixed, 0 point 3.29%  0.02 3.27%
5/1 ARM 3.34%  0.13 3.47%
 
View Rates in your area Next
Product Rate Change Last week
30K FICO-based HELOC 4.38%  0.09 4.47%
50K FICO-based HELOC 4.11%  0.06 4.17%
100K FICO-based HELOC 3.96%  0.03 3.93%
 
View Rates in your area Next
Product Rate Change Last week
60 month used car loan 2.63%  0.10 2.73%
48 month used car loan 2.90%  0.07 2.97%
60 month new car loan 3.18%  0.04 3.22%
 
View Rates in your area Next
Product Rate Change Last week
1 Year CD 0.90%  0.01 0.91%
2 Year CD 1.09% --0.01 1.08%
5 Year CD 1.74% --0.00 1.74%
 
View Rates in your area Next
Product Rate Change Last week
Balance Transfer Cards 15.66%  0.01 15.67%
Cash Back Cards 16.36%  0.03 16.33%
Low Interest Cards 10.87% --0.00 10.87%
 
Next
advertisement
About $2.5 billion of Citi's $7 billion settlement will go to consumers
advertisement
Is your money safe?
or ? See your bank, thrift or credit union's star rating. Find one that's safe enough for you.
Partner Center
advertisement

Connect with us