MFS 529 Savings Plan

E259934

MFS 529 Savings Plan is a tax-advantaged college savings plan offered through Oregon’s 529 program and managed by MFS Investment Management.

All labels observed (1)

Label Occurrences
MFS 529 Savings Plan canonical 2

How this entity was disambiguated

Statements (46)

Predicate Object
instanceOf 529 college savings plan
tax-advantaged savings plan
accountOwner custodian
individual
beneficiaryChangeable true
beneficiaryType future college student
student
contributionMethod lump-sum contributions
systematic contributions
country United States of America
surface form: United States
currency US dollar
distributionType non-qualified distribution
qualified distribution
eligibleUseOfFunds books
certain room and board costs
equipment
fees
supplies
tuition
federalLawBasis Internal Revenue Code
surface form: Internal Revenue Code Section 529
investmentManager MFS Investment Management
investmentOptions age-based portfolios
mutual fund portfolios
static portfolios
managedBy MFS Investment Management
marketingName MFS 529 Savings Plan self-link
offeredThrough Oregon 529 college savings programs
surface form: Oregon 529 College Savings Network
penaltyOnNonQualifiedWithdrawals may be subject to federal income tax and additional 10 percent federal tax on earnings
planType education savings plan
primaryGoal long-term education funding
purpose college savings
higher education savings
qualifiedPlanType Section 529 plan
regulatoryCategory municipal fund security
riskLevel market risk varies by investment option
sector financial services
sponsor Oregon 529 college savings programs
surface form: Oregon 529 College Savings Board
sponsorJurisdiction Oregon
surface form: State of Oregon
stateProgram Oregon 529 college savings programs
surface form: Oregon 529 program
stateTaxBenefitsAvailable may be available to Oregon taxpayers
targetCustomer families saving for college
individual investors
taxAdvantaged true
taxTreatment earnings grow tax-deferred for federal income tax purposes
qualified withdrawals are federally tax-free
underlyingInvestments MFS Investment Management
surface form: MFS mutual funds

How these facts were elicited

Referenced by (2)

Full triples — surface form annotated when it differs from this entity's canonical label.

Oregon 529 college savings programs brandName MFS 529 Savings Plan
MFS 529 Savings Plan marketingName MFS 529 Savings Plan self-link