Morningstar’s adviser-sold 529 plans: The good, bad and ugly
![<b>Morningstar rating: Negative</b>
Inception: 2001
Plan options: n/a
Age-based options:19
Total fee range: 0.67 – 1.43%
Initial purchase minimum: $500
Maximum investment: $396,000
In-state tax deduction: Single, up to $2,000; joint filing, up to $4,000
Program manager: Waddell & Reed
Plan trustee: AZ Commission for Postsecond Education](https://s32566.pcdn.co/wp-content/uploads/2019/10/FREE_102609999_PH_12_AUKOKRPQVNMZ.jpg.optimal.jpg)
Morningstar rating: Negative
Inception: 2001
Plan options: n/a
Age-based options:19
Total fee range: 0.67 – 1.43%
Initial purchase minimum: $500
Maximum investment: $396,000
In-state tax deduction: Single, up to $2,000; joint filing, up to $4,000
Program manager: Waddell & Reed
Plan trustee: AZ Commission for Postsecond Education