Montana 529 Plan | Education Savings Account

Ray Fisher
Ray Fisher

Credentials
Licenses - Series 7, 66, 6, 24, 4
Firms- E*Trade, JP Morgan, Merrill Lynch, Scottrade

Table of Contents | Pro Stock Options

The 3 Montana 529 Plan Types

  • Years of Enrollment Portfolios – plan type 1
  • Asset Allocation Portfolios – plan type 2
  • Individual Portfolios – plan type 3
  • Investors can select all 3 plan types or any combination
  • This plan is administered via Achieve Montana

Montana Years of Enrollment Portfolios - plan type 1

  • Invests in Mutual Funds, ETFs, Cash Equivalents
  • Automatic rebalancing of portfolios 
  • Portfolio rebalance to more conservative investments  over time

Montana Asset Allocation Portfolios - plan type 2

  • These portfolios are invested in various mutual funds and ETFs
  • Each fund has different investment objectives

Montana Individual Portfolios - plan type 3

  • Invests in Ishare’s Total U.S. Stock Market Index Fund
  • U.S. Equity Index tracks the Russell 3000 index which tracks the broad stock market
  • Bond Index Fund invests in the Vanguard Total Bond  Market ETF
  • Capital Preservation Portfolio invests in the New York Life Guranteed Interest Account
  • These portfolios are passively Managed