The available investment options can be located here. At this time, we offer an age-based and self-selected investment option, with low-,medium-, and high-risk. There is not a sole advisor-sold option.
In order for an advisor to view their client’s information, they will need to complete a Limited Power of Attorney form and return it to our offices. After verification by staff, we will notify you of the acceptance and you will then be able to create an Advisor Account via our Advisor LogIn. From there, you will be able to view the account.
Yes. The client will only need to open an account with TNStars and complete a Rollover Request form to be sent to our office. TNStars will then notify the existing 529 program of the client’s wishes to transfer the funds and the money will be attributed to the account once received.
The Minimum Initial Contribution must be at least $25 for each Investment Option initially selected. After the initial contribution, there are no required minimums for subsequent contributions. Contributions made through the Automatic Investment Plan (AIP) must be $25 or more. Any TNStars account can receive up to $350,000 in contributions.
Established by the Internal Revenue Service under Section 529, 529 savings plans were introduced to help individuals save money for college or other higher educated expenses with certain tax advantages.
The TNStars College Savings 529 Plan allows you to grow your college savings account with a federal tax-free status. When it is time to withdrawal funds,the earnings from the account remain tax-free as long as the funds are used for qualified education expenses, such as tuition, books, and certain room and board expenses.
As a Tennessee resident, you are able to receive incentives to further grow your investment from creating your account online, contributing through an Automatic Investment Plan (AIP), and other offers that change quarterly.
Qualified education expenses encompass tuition, fees, books and supplies required for attendance, and certain room and board expenses. Non-qualified education expenses or withdrawals may accrue federal taxes and penalties.
Consider all investment objectives, risks, charges, and expenses before investing in the TNStars College Savings 529 program. Please call us toll-free at 855-386-7827 for a Disclosure Brochure containing this and other information. Read it carefully. Non-Tennessee taxpayers and residents: If you are not a Tennessee taxpayer, you should determine whether your home state offers a 529 plan that provides state tax or other benefits not available to you by investing in this program. You should consider such state tax or other benefits, if any, before investing in this program.