Michigan Education Savings Program (MESP)
Direct-Sold
Michigan
At a glance
- Contribution benefit
- Not stated in this edition
- K–12 distributions
- Not allowed
A K–12 withdrawal may be tax-free federally but taxable here. See the conformity rule.
- Aggregate contribution maximum
Not stated in this edition. Nationally the range runs from $235,000 to over $621,000 — see the program description.
- Recapture of state tax benefits
- Roth IRA conversions
Previously deducted or credited amounts may be added back to state taxable income for these distributions.
Plans
Program description ↗
MI 529 Advisor Plan (MAP)
Advisor-Sold
Michigan Education Trust (MET) Prepaid
Prepaid Tuition
What the book says about Michigan
- The Michigan Education Trust, established in the late 1980s, was the country's first prepaid tuition program.
Flagship public university
Michigan State Univ.
| Tuition & fees | Room | Board | Books | Total | vs. national |
|---|---|---|---|---|---|
| $15,262 | $8,400 | $5,600 | $1,250 | $30,512 | +24.9% |
National average across all 50 states: $26,485 per year, in-state, 2025–26. Compare every state →
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