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Flexible

		Choice of Investments - MESP offers you a choice of seven investment options: Conservative Age-Based Allocation, Moderate Age-Based Allocation, Aggressive Age-Based Allocation, 100% Equity, 100% Fixed-Income, Balanced, and Principal Plus Interest Option (formerly the Guaranteed Option). The Principal Plus Interest Option provides a guarantee of principal and a minimum rate of interest to MESP, but not to account owners or beneficiaries. These options vary in their investment strategy and degree of risk, allowing you to select an option or combination of options that fits your needs and investment philosophy.

No Income or Annual Contribution Limits - There are no income limits and no annual contribution limits.

No Annual Contribution Limits; Overall Maximum Account Balance Limit of $235,000 - There is no annual limit on the amount you may contribute. However, there is an overall maximum account balance limit of $235,000 which applies to all accounts opened for a beneficiary (including amounts deposited in the Michigan Education Trust program, a prepaid tuition program established by the State of Michigan). An account owner may contribute to a beneficiary's account if, at the time of the contribution, the total balance of all accounts (including prepaid tuition accounts in the Michigan Education Trust program) for that beneficiary does not exceed $235,000. Accounts that have reached the Maximum Account Balance Limit may continue to accrue earnings.

Low Minimum Contribution - You can open an account with a $25 check, money order, electronic funds transfer, or through the Automatic Contribution Plan. You can also contribute as little as $15 per investment option per pay period using payroll deduction through participating employers. Each account can have only one account owner and one beneficiary. However, each beneficiary may have more than one account and you may open separate accounts for as many different beneficiaries as you wish. If you want to invest in more than one investment option, you must contribute a minimum of $25 per investment option per beneficiary, or $15 per investment option per account if you are using payroll deduction.

Transfer to Another Beneficiary - If your beneficiary does not attend an eligible
educational institution, you may name another eligible beneficiary for your account. The new beneficiary must be a member of the previous beneficiary's family, as described in the MESP Disclosure Booklet and Participation Agreements (PDF, 476KB), in order to avoid having this change treated as a non-qualified withdrawal.

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Read more about our plan's features:

Investment Options

Investment Performance

Learn why it's so important to start now.

Don't forget you can set up an Automatic Contribution Plan (PDF, 157KB) or use Payroll Deduction (PDF, 60KB) for your contributions (if offered by your employer).

Learn how to transfer funds from another 529 College Savings Plan.

Check out our FAQ and read the MESP Disclosure Booklet and Participation Agreements (PDF, 476KB).

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	Questions? Call 1-877-861-6377

	Michigan Education Trust

The tax information contained on the Michigan Education Savings Program (MESP) Web site is not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding tax penalties that may be imposed on the taxpayer. It was written to support the promotion of the products and services addressed in the Web site. Taxpayers should seek advice based on their own particular circumstances from an independent tax advisor.

Consider the investment objectives, risks, charges and expenses before investing in the Michigan Education Savings Program. Please call toll-free 1(877) 861-6377 for a Disclosure Booklet containing this information. Read it carefully.

Before investing in a 529 plan, you should consider whether the state you or your designated beneficiary reside in or have taxable income in has a 529 plan that offers favorable state income tax or other benefits that are only available if you invest in that state's 529 plan.

TIAA-CREF Individual & Institutional Services, LLC, distributes MESP. The State of Michigan, its agencies, TIAA-CREF Tuition Financing, Inc., Teachers Insurance and Annuity Association of America and its affiliates do not insure any account or guarantee its principal or investment return except for TIAA-CREF Life Insurance Company's guarantee to MESP under the funding agreement for the Principal Plus Interest Option. Account value will fluctuate based upon a number of factors, including general market conditions.

Investment management, program administration and distribution of The Michigan Education Trust (MET) program is provided solely by the Michigan Department of Treasury. MET is not managed by TIAA-CREF Tuition Financing, Inc. nor is it distributed by TIAA-CREF Individual & Institutional Services, LLC.

The MESP Web site contains links to other Web sites. Neither MESP nor TIAA-CREF Tuition Financing, Inc. and its affiliates are responsible for the content of those other Web sites. The accuracy of information on those sites cannot be confirmed.