SMART529 Plan Comparison Chart
Learn more about the different SMART529 Plans we offer.
  SMART529 Select SMART529 WV Direct The Hartford® SMART529®
How To Open An Account Direct through SMART529Select.com website or by mail Direct through this website or by mail Available through Financial Investment Professionals in your area.
Residency Requirements Available nationwide Available to West Virginia residents Available nationwide
Minimum Initial Investment $250 ($50 for West Virginia residents) No minimum $250 ($50 for West Virginia residents)
Minimum Subsequent Investment Per Fund $25 (no minimum for West Virginia residents) No minimum $25 (no minimum for West Virginia residents)
Sales Charges None None Varies by Share Class and Investment Option. See Offering Statement.
Annual Maintenance Fee $25 None $25
Investment Options 9 Age-Based Portfolios and 10 Static Portfolios 9 Age-Based Portfolios, 5 Static Portfolios, a Stable Value Portfolio and an Indexed Equity Portfolio 9 Age-Based Portfolios, 5 Static Portfolios, and 14 Individual Portfolio Options
Who Chooses the Investments Selected by the Account Owner Selected by the Account Owner Account Owner Selected With Assistance from a Financial Investment Professional
Maximum Account Contribution Limit $550,000 $550,000 $550,000

 

 

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SMART529 is a college savings plan offered by the Board of Trustees of the West Virginia College and Jumpstart Savings Programs and administered by Hartford Funds Management Company, LLC ("HFMC").

SMART529 Select is available to all investors. West Virginia (WV) provides certain tax advantages to WV taxpayers that invest in SMART529 Select. Before investing, an investor should consider whether the investor’s or designated beneficiary’s home state offers any state tax or other state benefits such as financial aid, scholarship funds, and protection from creditors that are only available for investments in such state’s 529 plan.

Investments in SMART529 are not guaranteed or insured by the State of West Virginia, the Board of Trustees of the West Virginia College and Jumpstart Savings Programs, the West Virginia State Treasurer's Office, HFMC, The Hartford Insurance Group, Inc., the investment sub-advisers for the Underlying Funds or any depository institution. Investments in SMART529 are subject to investment risks, including the loss of the principal amount invested, and may not be appropriate for all investors.

This information is written in connection with the promotion or marketing of the matter(s) addressed in this material. The information cannot be used or relied upon for the purpose of avoiding IRS penalties. These materials are not intended to provide tax, accounting or legal advice. As with all matters of a tax or legal nature, you should consult your own tax or legal counsel for advice.

You should carefully consider the investment objectives, risks, charges and expenses of SMART529 and its Underlying Funds before investing. This and other information can be found in the Offering Statement for SMART529, including privacy notices, and the prospectuses or other disclosure documents for the Underlying Funds, which can be obtained by calling (866) 574−3542. Please read them carefully before you invest or send money. SMART529 is distributed by Hartford Funds Distributors, LLC. Member SIPC.

For a copy of the West Virginia College and Jumpstart Savings Programs’ most recent Annual Comprehensive Financial Report, please click here.

"The Hartford" is The Hartford Insurance Group, Inc. and its subsidiaries.

Dimensional Fund Advisors is not an affiliate or subsidiary of Hartford Funds.

© Copyright 2025 Hartford Funds Management Group, Inc. All Rights Reserved. Not FDIC Insured | No Bank Guarantee | May Lose Value

Logo - The Board of Trustees of the West Virginia College and Jumpstart Savings Programs THE SEAL OF THE STATE TREASURER OF WEST VIRGINIA - West Virginia’s State Treasurer’s Office Hartford Funds Logo - Our benchmark is the investor®