Which investment option is right for me?

Compare investment options

When it comes to investing in a 529 plan, we all have the same goal: to help pay for education.

However, everyone’s investment strategy can look quite different depending on aspects of each person’s unique circumstances (like financial constraints and overall savings goals).

The Michigan Education Savings Program (MESP) investment options

Choose from multiple options to fit your preferences—aligning with your risk tolerance, preferred level of involvement and desired results.

Enrollment Year Investment Option

  • An option customized for your student’s expected enrollment year
  • Risk level automatically becomes more conservative as enrollment year approaches

Consider this if:

You’re looking for an all-in-one solution to manage your savings over the long term without extra work on your part.

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Multi-Fund Investment Options

  • Select from a range of investment objectives
  • Suitable for a variety of risk profiles and asset allocation blends

Consider this if:

You’re an experienced investor and want added control over your investment option’s diversification and investment strategy.

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Single Fund Investment Options

  • Select from a range of investment objectives
  • Interested in a more focused approach

Consider this if:

Your're an experienced investor and want to take a more focused approach to investing.

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Guaranteed Investment Option

  • Seeks to preserve capital and provide a stable return
  • May be good for shorter time frames and for individuals who have lower risk tolerances

Consider this if:

You have a short investment horizon or are looking for a low-risk, conservative investment.

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To determine the right strategy for you, it may be helpful to ask yourself these questions:

  • How much do I want to save?
  • How fast do I want to save?
  • How comfortable am I with risk?
  • How hands-on do I want to be?

Whatever your answers may be, an MESP account offers a variety of professionally managed investment options to fit your life situation, risk tolerance and college savings goals. For further support, explore our planning tools to help make your investment decision easier.

Here are some of our most common investment options questions

Performance data for MESP Investment Options is available.

MESP offers a variety of investment options to fit your life situation, risk tolerance and savings goals. These options vary in investment strategy and degree of risk, allowing you to select an option or combination of options that fit your needs and savings goals.

To compare our MESP Investment Options, visit our Investment Comparison page. For more information on the investment objectives, risks, charges and expenses, read the Program Description.

Yes. Each time you make a contribution, you may select from any of the MESP Investment Options. Once invested in a particular option, contributions and earnings may be transferred to another investment option twice per calendar year or upon transfer of funds to a plan account for a different eligible beneficiary (see the Program Description for more information).

To transfer funds between investment options, log in to your account, click “View Details” for your beneficiary, then choose “Change investment options.” You may also request and submit by mail the Change of Investment Form.

An MESP account can be started with as little as $25. How much you need to save will depend on what you plan to use the money for and when.

A few helpful tools: