Plan Type: Education savings plan
Direct- or Advisor-Sold: Direct-sold
Plan Manager: Union Bank & Trust Company – UBT 529 Services
Residency Requirement: None
Minimum Contributions: None
Maximum Contributions: $475,000 per beneficiary
Age-Based Investment Options: Three categories (Aggressive, Conservative, and Moderate) with nine portfolios per category
Static Investment Options: Six multi-fund and 26 individual-fund portfolios
State Taxation: Only Alabama plans are exempt from state income tax.
Credit or Deduction: Deduction of up to $5,000 per person for contributions to an Alabama plan
Total Fees: 0.17% – 0.8%
Plan Type: Education savings plan
Direct- or Advisor-Sold: Advisor-sold
Plan Manager: Union Bank & Trust Company – UBT 529 Services
Residency Requirement: None
Minimum Contributions: None
Maximum Contributions: $475,000 per beneficiary
Age-Based Investment Options: Three categories (Aggressive, Conservative, and Moderate) with nine portfolios per category
Static Investment Options: Six multi-fund and 24 individual-fund portfolios
State Taxation: Only Alabama plans are exempt from state income tax.
Credit or Deduction: Deduction of up to $5,000 per person for contributions to an Alabama plan
Total Fees: 0.21% – 1.73%; $12 annual fee for non-Alabama residents
Plan Type: Education savings plan
Direct- or Advisor-Sold: Direct-sold
Plan Manager: T. Rowe Price Associates, Inc.
Residency Requirement: None
Minimum Contributions: $25, both initially and subsequently
Maximum Contributions: $475,000
Age-Based Investment Options: Eight portfolios ranging from 20% equity to 80% equity
Static Investment Options: Six portfolios, including the University of Alaska portfolio, which guarantees returns equal to the rate of tuition increases for future UA students
State Taxation: None, as Alaska has no income tax for individuals
Credit or Deduction: None, for the above reason
Total Fees: 0.28% – 0.69%
Plan Type: Education savings plan
Direct- or Advisor-Sold: Direct-sold
Plan Manager: T. Rowe Price Associates, Inc.
Residency Requirement: None
Minimum Contributions: $250 initially, $50 for subsequent contributions
Maximum Contributions: $475,000
Age-Based Investment Options: Eight portfolios ranging from 20% equity to 80% equity
Static Investment Options: Five portfolios; University of Alaska portfolio not available
State Taxation: None, as Alaska has no income tax for individuals
Credit or Deduction: None, for the above reason
Total Fees: 0.35% – 0.69%
Plan Type: Education savings plan
Direct- or Advisor-Sold: Advisor-sold
Plan Manager: T. Rowe Price Associates, Inc.
Residency Requirement: None
Minimum Contributions: $250 per portfolio initially, $50 per portfolio subsequently
Maximum Contributions: $475,000
Age-Based Investment Options: Six portfolios ranging from 20% equity to 80% equity
Static Investment Options: 16 portfolios
State Taxation: None, as Alaska has no income tax for individuals
Credit or Deduction: None, for the above reason
Total Fees: 0.64% - 2.23%; $15 annual fee, with exceptions
Plan Type: Education savings plan
Direct- or Advisor-Sold: Direct-sold
Plan Manager: NexBank – College Savings Bank
Residency Requirement: None
Minimum Contributions: $250 initially, then $25 per month (per pay period if you opt for automatic payroll deductions)
Maximum Contributions: $505,000
Age-Based Investment Options: None
Static Investment Options: Fixed-rate certificates of deposit; $250 minimum per CD
State Taxation: All qualified distributions are exempt from Arizona state income tax.
Credit or Deduction: Deduction of up to $2,000 per person for contributions to any 529 plan
Total Fees: None
Plan Type: Education savings plan
Direct- or Advisor-Sold: Direct-sold
Plan Manager: NexBank – College Savings Bank
Residency Requirement: None
Minimum Contributions: No minimum to open a plan; automatic investments require at least $15 each month or $45 each quarter
Maximum Contributions: $505,000
Age-Based Investment Options: Three portfolios
Static Investment Options: 12 portfolios
State Taxation: All qualified distributions are exempt from Arizona state income tax.
Credit or Deduction: Deduction of up to $2,000 per person for contributions to any 529 plan
Total Fees: 0.11% - 0.99%
Plan Type: Education savings plan
Direct- or Advisor-Sold: Advisor-sold
Plan Manager: Ivy Distributors, Inc.
Residency Requirement: None
Minimum Contributions: $250 initially, no minimum for subsequent contributions
Maximum Contributions: $494,000
Age-Based Investment Options: 10 portfolios
Static Investment Options: 29 individual-fund portfolios
State Taxation: All qualified distributions are exempt from Arizona state income tax.
Credit or Deduction: Deduction of up to $2,000 per person for contributions to any 529 plan
Total Fees: 0.49% - 1.31% (depending on the portfolio)
Plan Type: Education savings plan
Direct- or Advisor-Sold: Direct-sold
Plan Manager: Ascensus College Savings and The Vanguard Group
Residency Requirement: None
Minimum Contributions: $25 initially, $10 subsequently
Maximum Contributions: $366,000
Age-Based Investment Options: Three categories based on level of risk with nine portfolios per category
Static Investment Options: Seven portfolios
State Taxation: No tax on qualified distributions from any 529 plan
Credit or Deduction: Deduction of $5,000 for contributions to Arkansas plan; deduction of $3,000 for non-Arkansas plans
Total Fees: 0.39% - 0.53%; $20 annual fee for non-Arkansas residents
Plan Type: Education savings plan
Direct- or Advisor-Sold: Advisor-sold
Plan Manager: Ascensus Broker Dealer Services, Inc.
Residency Requirement: None
Minimum Contributions: $500 initially, $50 subsequently
Maximum Contributions: $366,000
Age-Based Investment Options: Seven portfolios
Static Investment Options: 21 portfolios, one savings option
State Taxation: No tax on qualified distributions from any 529 plan
Credit or Deduction: Deduction of $5,000 for contributions to Arkansas plan; deduction of $3,000 for non-Arkansas plans
Total Fees: 0.35% - 1.44%; $10 annual fee for accounts with less than $20,000
Plan Type: Education savings plan
Direct- or Advisor-Sold: Direct-sold
Plan Manager: TIAA-CREF Tuition Financing, Inc.
Residency Requirement: None
Minimum Contributions: None
Maximum Contributions: $529,000
Age-Based Investment Options: Two portfolios (actively managed mutual funds or index mutual funds)
Static Investment Options: 17 portfolios
State Taxation: No income tax on qualified distributions from any state’s 529 plan
Credit or Deduction: None
Total Fees: 0.06% - 0.53%; no fees for Principal Plus Interest option
Plan Type: Education savings plan
Direct- or Advisor-Sold: Direct-sold
Plan Manager: Ascensus Broker Dealer Services, Inc. with The Vanguard Group, Inc.
Residency Requirement: None
Minimum Contributions: $25 initially, $15 subsequently
Maximum Contributions: $400,000
Age-Based Investment Options: Three classes of risk with nine portfolios each
Static Investment Options: Eight portfolios
State Taxation: No state tax on qualified distributions from any 529 plan
Credit or Deduction: No limit for contributions to Colorado 529 plans; tax credit available for employers
Total Fees: 0.32%; $20 annual fee, with exceptions
Plan Type: Education savings plan
Direct- or Advisor-Sold: Direct-sold
Plan Manager: FirstBank Holding Company
Residency Requirement: None
Minimum Contributions: None
Maximum Contributions: $400,000
Age-Based Investment Options: None
Static Investment Options: Two portfolios
State Taxation: No state tax on qualified distributions from any 529 plan
Credit or Deduction: No limit for contributions to Colorado 529 plans; tax credit available for employers
Total Fees: None
Plan Type: Education savings plan
Direct- or Advisor-Sold: Direct-sold
Plan Manager: Nationwide Mutual Insurance Company
Residency Requirement: None
Minimum Contributions: $25 initially, $15 subsequently
Maximum Contributions: $400,000
Age-Based Investment Options: None
Static Investment Options: One portfolio
State Taxation: No state tax on qualified distributions from any 529 plan
Credit or Deduction: No limit for contributions to Colorado 529 plans; tax credit available for employers
Total Fees: 0.99%
Plan Type: Education savings plan
Direct- or Advisor-Sold: Advisor-sold
Plan Manager: QS Investors, LLC; Legg Mason Investor Services, LLC
Residency Requirement: None
Minimum Contributions: $250 initially, $50 subsequently
Maximum Contributions: $400,000
Age-Based Investment Options: Seven portfolios
Static Investment Options: 11 portfolios
State Taxation: No state tax on qualified distributions from any 529 plan
Credit or Deduction: No limit for contributions to Colorado 529 plans; tax credit available for employers
Total Fees: 0.61% - 2.07%; $20 annual fee, with exceptions
Plan Type: Education savings plan
Direct- or Advisor-Sold: Direct-sold
Plan Manager: TIAA-CREF Tuition Financing, Inc.
Residency Requirement: None
Minimum Contributions: $25 generally; $15 per pay period with automatic payroll deductions
Maximum Contributions: $300,000
Age-Based Investment Options: Three categories with nine portfolios each
Static Investment Options: Nine portfolios
State Taxation: Qualified distributions from any 529 plan are free from state income tax; nonqualified distributions from Connecticut plans exempt if made to beneficiary
Credit or Deduction: Deduction of up to $5,000 per person for contributions to a Connecticut 529 plan
Total Fees: 0.14% - 0.98% generally; no fees with Principal Plus Interest option
Plan Type: Education savings plan
Direct- or Advisor-Sold: Advisor-sold
Plan Manager: Hartford Funds Management Company, LLC
Residency Requirement: None
Minimum Contributions: $50 initially; $25 subsequently
Maximum Contributions: $300,000
Age-Based Investment Options: Nine portfolios
Static Investment Options: 16 portfolios
State Taxation: Qualified distributions from any 529 plan are free from state income tax; nonqualified distributions from Connecticut plans exempt if made to beneficiary
Credit or Deduction: Deduction of up to $5,000 per person for contributions to a Connecticut 529 plan
Total Fees: 0.4% - 1.94%
Plan Type: Education savings plan
Direct- or Advisor-Sold: Direct-sold
Plan Manager: Fidelity Investments
Residency Requirement: None
Minimum Contributions: None
Maximum Contributions: $350,000
Age-Based Investment Options: Three portfolios
Static Investment Options: 12 portfolios
State Taxation: All 529 plans exempt from Delaware state income tax
Credit or Deduction: None
Total Fees: 0.11% - 0.99%
Plan Type: Education savings plan
Direct- or Advisor-Sold: Direct-sold
Plan Manager: Florida Prepaid College Board
Residency Requirement: Beneficiaries must be Florida residents
Minimum Contributions: None
Maximum Contributions: $418,000
Age-Based Investment Options: One portfolio
Static Investment Options: 13 portfolios
State Taxation: No state income tax
Credit or Deduction: None, for the above reason
Total Fees: 0.02% - 0.61%
Plan Type: Prepaid tuition plan
Direct- or Advisor-Sold: Direct-sold
Plan Manager: None
Residency Requirement: Beneficiary or guardian must be a Florida resident for at least one year before enrolling
Minimum Contributions: Varies by plan
Maximum Contributions: N/A
Age-Based Investment Options: N/A
Static Investment Options: N/A
State Taxation: No state income tax
Credit or Deduction: None, for the above reason
Total Fees: $50 enrollment fee
Plan Type: Education savings plan
Direct- or Advisor-Sold: Direct-sold
Plan Manager: TIAA-CREF Tuition Financing, Inc.
Residency Requirement: None
Minimum Contributions: $25 generally; no minimum for payroll deductions
Maximum Contributions: $235,000
Age-Based Investment Options: Two categories with nine portfolios each
Static Investment Options: Six portfolios
State Taxation: All 529 plans exempt from Georgia state income tax
Credit or Deduction: Deduction of up to $4,000 (per beneficiary) for contributions to Georgia’s 529 plan
Total Fees: 0.18% - 0.31%; no fees with the Guaranteed option
Plan Type: Education savings plan
Direct- or Advisor-Sold: Direct-sold
Plan Manager: Ascensus College Savings and The Vanguard Group
Residency Requirement: None
Minimum Contributions: $15
Maximum Contributions: $305,000
Age-Based Investment Options: Eight portfolios
Static Investment Options: Eight portfolios
State Taxation: All 529 plans exempt from state tax
Credit or Deduction: None
Total Fees: 0.58% - 0.66%; $20 yearly fee for non-Hawaii residents
Plan Type: Education savings plan
Direct- or Advisor-Sold: Direct-sold
Plan Manager: Ascensus College Savings
Residency Requirement: None
Minimum Contributions: $25 generally; $15 per pay period with automatic payroll deductions
Maximum Contributions: $500,000
Age-Based Investment Options: Three categories, with eight portfolios in each
Static Investment Options: Seven portfolios
State Taxation: All 529 plans exempt from state income tax
Credit or Deduction: Deduction of up to $6,000 for contributions to Idaho’s 529 plan
Total Fees: 0.34% - 0.49%; $20 annual fee for non-Idaho residents
Plan Type: Prepaid tuition plan
Direct- or Advisor-Sold: Direct-sold
Plan Manager: N/A
Residency Requirement: Beneficiary or account owner must have been a resident of Illinois for one year before enrolling
Minimum Contributions: Varies by plan
Maximum Contributions: N/A
Age-Based Investment Options: N/A
Static Investment Options: N/A
State Taxation: Illinois 529 plans exempt from state tax; non-Illinois plans exempt if certain requirements are met
Credit or Deduction: Deduction of up to $10,000 for contributions to an Illinois 529 plan
Total Fees: None
Plan Type: Education savings plan
Direct- or Advisor-Sold: Advisor-sold
Plan Manager: Union Bank & Trust Company
Residency Requirement: None
Minimum Contributions: None
Maximum Contributions: $450,000
Age-Based Investment Options: Three categories with nine portfolios each
Static Investment Options: 41 portfolios; 15 additional portfolios for some account owners
State Taxation: Illinois 529 plans exempt from state tax; non-Illinois plans exempt if certain requirements are met
Credit or Deduction: Deduction of up to $10,000 for contributions to an Illinois 529 plan
Total Fees: 0.20% - 1.82%
Plan Type: Education savings plan
Direct- or Advisor-Sold: Direct-sold
Plan Manager: Union Bank & Trust Company
Residency Requirement: None
Minimum Contributions: None
Maximum Contributions: $450,000
Age-Based Investment Options: Two categories with nine portfolios each
Static Investment Options: 22 portfolios
State Taxation: Illinois 529 plans exempt from state tax; non-Illinois plans exempt if certain requirements are met
Credit or Deduction: Deduction of up to $10,000 for contributions to an Illinois 529 plan
Total Fees: 0.10% - 0.81%
Plan Type: Education savings plan
Direct- or Advisor-Sold: Direct-sold
Plan Manager: Ascensus College Savings
Residency Requirement: None
Minimum Contributions: $10
Maximum Contributions: $450,000
Age-Based Investment Options: Seven portfolios
Static Investment Options: Seven portfolios
State Taxation: All 529 plans exempt from Indiana state income tax
Credit or Deduction: 20% tax credit on a maximum of $5,000 in contributions to an Indiana 529 plan
Total Fees: 0.14% - 0.77%; $20 yearly fee, with exceptions
Plan Type: Education savings plan
Direct- or Advisor-Sold: Advisor-sold
Plan Manager: Ascensus College Savings
Residency Requirement: None
Minimum Contributions: $25
Maximum Contributions: $450,000
Age-Based Investment Options: Seven portfolios
Static Investment Options: 14 options
State Taxation: All 529 plans exempt from Indiana state income tax
Credit or Deduction: 20% tax credit on a maximum of $5,000 in contributions to an Indiana 529 plan
Total Fees: 0.31% - 2.22%; $20 annual fee, with exceptions
Plan Type: Education savings plan
Direct- or Advisor-Sold: Direct-sold
Plan Manager: NexBank – College Savings Bank
Residency Requirement: None
Minimum Contributions: $250 initially, $25 subsequently
Maximum Contributions: $450,000
Age-Based Investment Options: None
Static Investment Options: Fixed-rate certificates of deposit
State Taxation: All 529 plans exempt from Indiana state income tax
Credit or Deduction: 20% tax credit on a maximum of $5,000 in contributions to an Indiana 529 plan
Total Fees: None
Plan Type: Education savings plan
Direct- or Advisor-Sold: Direct-sold
Plan Manager: Iowa State Treasurer, with The Vanguard Group and Ascensus College Savings
Residency Requirement: None
Minimum Contributions: $25 generally; $15 per pay period with automated payroll deductions
Maximum Contributions: $420,000
Age-Based Investment Options: Four categories with nine portfolios each
Static Investment Options: 10 portfolios
State Taxation: All 529 plans exempt from Iowa state tax
Credit or Deduction: Deductions for up to $3,439 (per beneficiary) toward Iowa 529 plans; adjusts for inflation each year
Total Fees: 0.2%
Plan Type: Education savings plan
Direct- or Advisor-Sold: Advisor-sold
Plan Manager: Voya Investment Management Co., LLC
Residency Requirement: None
Minimum Contributions: $250 per investment initially; $50 per investment subsequently
Maximum Contributions: $420,000
Age-Based Investment Options: Five portfolios
Static Investment Options: 16 portfolios
State Taxation: All 529 plans exempt from Iowa state tax
Credit or Deduction: Deductions for up to $3,439 (per beneficiary) toward Iowa 529 plans; adjusts for inflation each year
Total Fees: 0.83% - 2.36%; $25 annual fee, with exceptions
Plan Type: Education savings plan
Direct- or Advisor-Sold: Direct-sold
Plan Manager: American Century Investment Management, Inc.
Residency Requirement: None
Minimum Contributions: None
Maximum Contributions: $435,000
Age-Based Investment Options: Three categories with eight portfolios each
Static Investment Options: 13 portfolios
State Taxation: All 529 plans exempt from Kansas state income tax
Credit or Deduction: Deduction of up to $3,000 (per beneficiary) for contributions to any 529 plan
Total Fees: 0.1% - 0.77%
Plan Type: Education Savings Plan
Direct- or Advisor-Sold: Advisor-sold
Plan Manager: American Century Investment Management, Inc.
Residency Requirement: None
Minimum Contributions: None
Maximum Contributions: $435,000
Age-Based Investment Options: Three categories with eight portfolios each
Static Investment Options: 20 options
State Taxation: All 529 plans exempt from Kansas state income tax
Credit or Deduction: Deduction of up to $3,000 (per beneficiary) for contributions to any 529 plan
Total Fees: 0.35% - 2.48%
Plan Type: Education savings plan
Direct- or Advisor-Sold: Advisor-sold
Plan Manager: American Century Investment Management, Inc.
Residency Requirement: None
Minimum Contributions: None
Maximum Contributions: $435,000
Age-Based Investment Options: Four categories with eight portfolios each
Static Investment Options: Nine options
State Taxation: All 529 plans exempt from Kansas state income tax
Credit or Deduction: Deduction of up to $3,000 (per beneficiary) for contributions to any 529 plan
Total Fees: 0.25% - 0.98%
Plan Type: Education savings plan
Direct- or Advisor-Sold: Direct-sold
Plan Manager: Ascensus College Savings
Residency Requirement: None
Minimum Contributions: $25 generally; $15 per pay period for automatic payroll deductions
Maximum Contributions: $350,000
Age-Based Investment Options: Seven portfolios
Static Investment Options: Five options
State Taxation: All 529 plans exempt from Kentucky state tax
Credit or Deduction: None
Total Fees: 0.02% - 0.38%; Capital Preservation and Guaranteed investments have no fee
Plan Type: Education savings plan
Direct- or Advisor-Sold: Direct-sold
Plan Manager: Louisiana State Treasurer
Residency Requirement: Either the beneficiary or account owner must be a resident of Louisiana
Minimum Contributions: $10
Maximum Contributions: $500,000
Age-Based Investment Options: Three categories with four portfolios each
Static Investment Options: Seven portfolios
State Taxation: All 529 plans exempt from Louisiana state income tax
Credit or Deduction: Deduction of up to $2,400 (per beneficiary) for contributions to Louisiana’s 529 plan
Total Fees: 0.02% - 0.14%; no fee with Principal Protection investment
Plan Type: Education savings plan
Direct- or Advisor-Sold: Direct-sold
Plan Manager: Merrill Lynch, Pierce, Fenner & Smith Incorporated
Residency Requirement: None
Minimum Contributions: $25 initially and subsequently; some exceptions apply
Maximum Contributions: $500,000
Age-Based Investment Options: Two categories with 10 portfolios each
Static Investment Options: Eight portfolios
State Taxation: All 529 plans exempt from Maine state income tax
Credit or Deduction: None
Total Fees: 0% - 0.53%
Plan Type: Education savings plan
Direct- or Advisor-Sold: Advisor-sold
Plan Manager: Merrill Lynch, Pierce, Fenner & Smith Incorporated
Residency Requirement: None
Minimum Contributions: $25 initially (with exceptions); $25 subsequently with automatic contributions
Maximum Contributions: $500,000
Age-Based Investment Options: Four categories with 10 portfolios each
Static Investment Options: 35 portfolios
State Taxation: All 529 plans exempt from Maine state income tax
Credit or Deduction: None
Total Fees: 0% - 2.06%
Plan Type: Prepaid tuition plan
Direct- or Advisor-Sold: Direct-sold
Plan Manager: N/A
Residency Requirement: Only open to residents of Maryland or Washington, D.C.
Minimum Contributions: Varies by plan
Maximum Contributions: N/A
Age-Based Investment Options: N/A
Static Investment Options: N/A
State Taxation: All 529 plans exempt from Maryland income tax
Credit or Deduction: Deduction of up to $2,500 (per beneficiary) for contributions to a Maryland 529 plan
Total Fees: $20 - $75 enrollment fee
Plan Type: Education savings plan
Direct- or Advisor-Sold: Direct-sold
Plan Manager: T. Rowe Price Associates, Inc.
Residency Requirement: None
Minimum Contributions: $25
Maximum Contributions: $500,000
Age-Based Investment Options: Eight portfolios
Static Investment Options: Nine portfolios
State Taxation: All 529 plans exempt from Maryland state income tax
Credit or Deduction: Deduction of up to $2,500 (per beneficiary) for contributions to a Maryland 529 plan
Total Fees: 0.26% - 0.7%
Plan Type: Prepaid tuition plan
Direct- or Advisor-Sold: Direct-sold
Plan Manager: N/A
Residency Requirement: None
Minimum Contributions: Varies by plan
Maximum Contributions: N/A
Age-Based Investment Options: N/A
Static Investment Options: N/A
State Taxation: All 529 plans exempt from Massachusetts state income tax
Credit or Deduction: Deduction of up to $1,000 for contributions to a Massachusetts 529 plan
Total Fees: None
Plan Type: Education savings plan
Direct- or Advisor-Sold: Direct-sold
Plan Manager: Fidelity Investments
Residency Requirement: None
Minimum Contributions: No minimum initially; automatic contributions must be at least $15 each month or $45 each quarter
Maximum Contributions: $400,000
Age-Based Investment Options: Three portfolios
Static Investment Options: 12 portfolios
State Taxation: All 529 plans exempt from Massachusetts state income tax
Credit or Deduction: Deduction of up to $1,000 for contributions to a Massachusetts 529 plan
Total Fees: 0.11% - 0.99%
Plan Type: Prepaid tuition plan
Direct- or Advisor-Sold: Direct-sold
Plan Manager: N/A
Residency Requirement: Only open to Michigan residents
Minimum Contributions: Varies by plan
Maximum Contributions: N/A
Age-Based Investment Options: N/A
Static Investment Options: N/A
State Taxation: All 529 plans exempt from Michigan state income tax
Credit or Deduction: Deduction of up to $5,000 for contributions to a Michigan 529 plan
Total Fees: $25 online enrollment fee; $60 by-mail enrollment fee
Plan Type: Education savings plan
Direct- or Advisor-Sold: Direct-sold
Plan Manager: TIAA-CREF Tuition Financing, Inc.
Residency Requirement: None
Minimum Contributions: $25 generally; $15 per pay period with automatic payroll deductions
Maximum Contributions: $500,000
Age-Based Investment Options: 10 portfolios
Static Investment Options: Eight options
State Taxation: All 529 plans exempt from Michigan state income tax
Credit or Deduction: Deduction of up to $5,000 for contributions to a Michigan 529 plan
Total Fees: 0.075% - 0.135%; no fee for Principal Plus Interest investments
Plan Type: Education savings plan
Direct- or Advisor-Sold: Advisor-sold
Plan Manager: TIAA-CREF Tuition Financing, Inc.
Residency Requirement: None
Minimum Contributions: $25 per portfolio
Maximum Contributions: $500,000
Age-Based Investment Options: 10 portfolios
Static Investment Options: 19 portfolios
State Taxation: All 529 plans exempt from Michigan state income tax
Credit or Deduction: Deduction of up to $5,000 for contributions to a Michigan 529 plan
Total Fees: 0.42% - 1.9%
Plan Type: Education savings plan
Direct- or Advisor-Sold: Direct-sold
Plan Manager: TIAA-CREF Tuition Financing, Inc.
Residency Requirement: None
Minimum Contributions: $25 per investment; $15 per investment for those with automatic payroll deductions
Maximum Contributions: $425,000
Age-Based Investment Options: 10 portfolios
Static Investment Options: 10 options
State Taxation: All 529 plans exempt from Minnesota income tax
Credit or Deduction: Deduction and tax credit offered (depending on income) for contributions to any 529 plan
Total Fees: 0.12% - 0.24%; no fee for Principal Plus Interest investments
Plan Type: Education savings plan
Direct- or Advisor-Sold: Direct-sold
Plan Manager: Intuition College Savings Solutions, LLC
Residency Requirement: None
Minimum Contributions: $25 generally; $15 per pay period for those with automatic payroll deductions
Maximum Contributions: $235,000
Age-Based Investment Options: Nine portfolios
Static Investment Options: Nine options
State Taxation: All 529 plans exempt from Mississippi state income tax
Credit or Deduction: Deduction of up to $10,000 for contributions to a Mississippi 529 plan
Total Fees: 0.63% - 0.73%; $20 fee for account owners who opt out of electronic delivery of plan documents
Plan Type: Prepaid tuition plan
Direct- or Advisor-Sold: Direct-sold
Plan Manager: N/A
Residency Requirement: Reserved for Mississippi residents
Minimum Contributions: Varies by plan
Maximum Contributions: N/A
Age-Based Investment Options: N/A
Static Investment Options: N/A
State Taxation: All 529 plans exempt from Mississippi state income tax
Credit or Deduction: Deduction of up to $10,000 for contributions to a Mississippi 529 plan
Total Fees: $60 enrollment fee
Plan Type: Education savings plan
Direct- or Advisor-Sold: Direct-sold
Plan Manager: Ascensus College Savings
Residency Requirement: None
Minimum Contributions: None
Maximum Contributions: $325,000
Age-Based Investment Options: Three categories with nine portfolios each
Static Investment Options: 16 portfolios
State Taxation: All 529 plans exempt from Missouri state tax
Credit or Deduction: Deduction of up to $8,000 for contributions to any 529 plan
Total Fees: 0.18% - 0.51%
Plan Type: Education savings plan
Direct- or Advisor-Sold: Direct-sold
Plan Manager: Ascensus College Savings
Residency Requirement: None
Minimum Contributions: $25 generally; $15 for those with automatic payroll deductions
Maximum Contributions: $396,000
Age-Based Investment Options: Seven portfolios
Static Investment Options: Eight portfolios
State Taxation: All 529 plans exempt from Montana state income tax
Credit or Deduction: Deduction of up to $3,000 for contributions to any 529 plan
Total Fees: 0.4% - 0.59%; $25 annual fee, with exceptions
Plan Type: Education savings plan
Direct- or Advisor-Sold: Direct-sold
Plan Manager: First National Bank of Omaha
Residency Requirement: None
Minimum Contributions: None
Maximum Contributions: $400,000
Age-Based Investment Options: Three portfolios
Static Investment Options: 21 portfolios
State Taxation: All 529 plans exempt from Nebraska state tax
Credit or Deduction: Deduction of up to $10,000 for contributions to a Nebraska 529 plan
Total Fees: 0.2% - 1.26%
Plan Type: Education savings plan
Direct- or Advisor-Sold: Advisor-sold
Plan Manager: First National Bank of Omaha
Residency Requirement: None
Minimum Contributions: None
Maximum Contributions: $400,000
Age-Based Investment Options: Three categories with nine portfolios each
Static Investment Options: 25 portfolios
State Taxation: All 529 plans exempt from Nebraska state tax
Credit or Deduction: Deduction of up to $10,000 for contributions to a Nebraska 529 plan
Total Fees: 0.2% - 2.26%
Plan Type: Education savings plan
Direct- or Advisor-Sold: Advisor-sold
Plan Manager: First National Bank of Omaha
Residency Requirement: None
Minimum Contributions: None
Maximum Contributions: $400,000
Age-Based Investment Options: Two categories with nine portfolios each
Static Investment Options: 22 portfolios
State Taxation: All 529 plans exempt from Nebraska state tax
Credit or Deduction: Deduction of up to $10,000 for contributions to a Nebraska 529 plan
Total Fees: 0.34% - 0.88%
Plan Type: Education savings plan
Direct- or Advisor-Sold: Advisor-sold
Plan Manager: First National Bank of Omaha
Residency Requirement: None
Minimum Contributions: $250 initially, $50 subsequent
Maximum Contributions: $400,000
Age-Based Investment Options: Nine portfolios
Static Investment Options: Seven portfolios
State Taxation: All 529 plans exempt from Nebraska state tax
Credit or Deduction: Deduction of up to $10,000 for contributions to a Nebraska 529 plan
Total Fees: 0.2% - 0.61%; $25 fee for accounts with less than $20,000
Plan Type: Prepaid tuition plan
Direct- or Advisor-Sold: Direct-sold
Plan Manager: N/A
Residency Requirement: Beneficiary or account owner must be a resident of Nevada; alternatively, owner may be an alumnus of a Nevada university
Minimum Contributions: Varies by plan
Maximum Contributions: N/A
Age-Based Investment Options: N/A
Static Investment Options: N/A
State Taxation: No individual income tax in Nevada
Credit or Deduction: None, for the reason stated above
Total Fees: $100 enrollment fee
Plan Type: Education savings plan
Direct- or Advisor-Sold: Direct-sold
Plan Manager: State Street Global Advisors (SSGA) with Ascensus College Savings and Sallie Mae Bank
Residency Requirement: None
Minimum Contributions: $15 initially and subsequently
Maximum Contributions: $500,000
Age-Based Investment Options: Eight portfolios
Static Investment Options: 19 options
State Taxation: No individual income tax in Nevada
Credit or Deduction: None, for the reason stated above
Total Fees: 0.28% - 0.89%; $20 annual fee, with exceptions
Plan Type: Education savings plan
Direct- or Advisor-Sold: Advisor-sold
Plan Manager: Putnam Investment Management, LLC
Residency Requirement: None
Minimum Contributions: $25
Maximum Contributions: $500,000
Age-Based Investment Options: 22 portfolios
Static Investment Options: 15 options
State Taxation: No individual income tax in Nevada
Credit or Deduction: None, for the reason stated above
Total Fees: 0.3% - 2.13%; $15 annual fee, with exceptions
Plan Type: Education savings plan
Direct- or Advisor-Sold: Direct-sold
Plan Manager: Ascensus College Savings
Residency Requirement: None
Minimum Contributions: $1000 initially (Nevada residents) or $3,000 initially (non-Nevada residents); $50 subsequently
Maximum Contributions: $500,000
Age-Based Investment Options: 11 portfolios
Static Investment Options: 20 portfolios
State Taxation: No individual income tax in Nevada
Credit or Deduction: None, for the reason stated above
Total Fees: 0.12% - 0.42%
Plan Type: Education savings plans
Direct- or Advisor-Sold: Advisor-sold
Plan Manager: Ascensus Broker Dealer Services, Inc.
Residency Requirement: None
Minimum Contributions: $500 initially, $100 subsequently
Maximum Contributions: $500,000
Age-Based Investment Options: 20 options
Static Investment Options: None
State Taxation: No individual income tax in Nevada
Credit or Deduction: None, for the reason stated above
Total Fees: 0.43% - 0.46% per glide path; 0.35% - 0.7% per portfolio
Plan Type: Education savings plans
Direct- or Advisor-Sold: Direct-sold
Plan Manager: Ascensus College Savings
Residency Requirement: None
Minimum Contributions: $250 initially or $50 initially with automatic contributions of $50 each month or $150 each quarter
Maximum Contributions: $500,000
Age-Based Investment Options: Nine portfolios
Static Investment Options: 11 portfolios
State Taxation: No individual income tax in Nevada
Credit or Deduction: None, for the reason stated above
Total Fees: 0.46% - 1.06%; $10 annual fee, with exceptions
Plan Type: Education savings plan
Direct- or Advisor-Sold: Direct-sold
Plan Manager: Fidelity Investments
Residency Requirement: None
Minimum Contributions: None initially; automatic investment plan requires $15 each month or $45 each quarter
Maximum Contributions: $522,000
Age-Based Investment Options: Three portfolios
Static Investment Options: 12 portfolios
State Taxation: No New Hampshire state income tax
Credit or Deduction: None, for the reason stated above
Total Fees: 0.11% - 0.99%
Plan Type: Education savings plan
Direct- or Advisor-Sold: Advisor-sold
Plan Manager: Fidelity Investments
Residency Requirement: None
Minimum Contributions: None initially; automatic investment plan requires $15 each month or $45 each quarter
Maximum Contributions: $522,000
Age-Based Investment Options: Eight portfolios
Static Investment Options: 19 portfolios
State Taxation: No New Hampshire state income tax
Credit or Deduction: None, for the reason stated above
Total Fees: 0.25% - 2.12%; $20 annual fee, with exceptions
Plan Type: Education savings plan
Direct- or Advisor-Sold: Advisor-sold
Plan Manager: Franklin Templeton Distributors, Inc.
Residency Requirement: None
Minimum Contributions: $250 initially; $50 subsequently
Maximum Contributions: $305,000
Age-Based Investment Options: Three categories with eight portfolios each
Static Investment Options: 14 portfolios
State Taxation: All qualified 529 plan distributions exempt from New Jersey state income tax
Credit or Deduction: None
Total Fees: 0.29% - 2.24%
Plan Type: Education savings plan
Direct- or Advisor-Sold: Direct-sold
Plan Manager: Franklin Templeton Distributors, Inc.
Residency Requirement: Limited to New Jersey residents
Minimum Contributions: $25 per investment; $300 in contributions must be made each year until account reaches $1,200
Maximum Contributions: $305,000
Age-Based Investment Options: Three categories with eight portfolios each
Static Investment Options: Six portfolios
State Taxation: All qualified 529 plan distributions exempt from New Jersey state income tax
Credit or Deduction: None
Total Fees: 0.14% - 0.81%
Plan Type: Education savings plan
Direct- or Advisor-Sold: Direct-sold
Plan Manager: Ascensus College Savings
Residency Requirement: None
Minimum Contributions: None
Maximum Contributions: $500,000
Age-Based Investment Options: 11 portfolios
Static Investment Options: 13 portfolios
State Taxation: All 529 plans exempt from New Mexico state income tax
Credit or Deduction: Can deduct full value of contributions from New Mexico state income tax
Total Fees: 0.1% - 0.44%
Plan Type: Education savings plan
Direct- or Advisor-Sold: Advisor-sold
Plan Manager: Ascensus College Savings Recordkeeping Services, LLC
Residency Requirement: None
Minimum Contributions: None
Maximum Contributions: $500,000
Age-Based Investment Options: 11 portfolios
Static Investment Options: 20 portfolios
State Taxation: All 529 plans exempt from New Mexico state income tax
Credit or Deduction: Can deduct full value of contributions from New Mexico state income tax
Total Fees: 0.28% - 2.35%; $20 annual fee, with exceptions
Plan Type: Education savings plan
Direct- or Advisor-Sold: Direct-sold
Plan Manager: Ascensus College Savings
Residency Requirement: None
Minimum Contributions: None
Maximum Contributions: $520,000
Age-Based Investment Options: Three categories with nine portfolios each
Static Investment Options: 13 portfolios
State Taxation: All 529 plans exempt from New York state income tax
Credit or Deduction: Deduction for account owners (and their spouses) of up to $5,000 for contributions to a New York plan
Total Fees: 0.13%
Plan Type: Education savings plan
Direct- or Advisor-Sold: Advisor-sold
Plan Manager: Ascensus Broker Dealer Services
Residency Requirement: None
Minimum Contributions: $1,000 initially; $25 subsequently
Maximum Contributions: $520,000
Age-Based Investment Options: Nine portfolios
Static Investment Options: 22 portfolios
State Taxation: All 529 plans exempt from New York state income tax
Credit or Deduction: Deduction for account owners (and their spouses) of up to $5,000 for contributions to a New York plan
Total Fees: 0.33% - 2.05%; $25 annual fee for balances of less than $25,000
Plan Type: Education savings plan
Direct- or Advisor-Sold: Direct-sold
Plan Manager: College Foundation, Inc.
Residency Requirement: None
Minimum Contributions: $25 initially or subsequently
Maximum Contributions: $450,000
Age-Based Investment Options: Three portfolios
Static Investment Options: 11 options
State Taxation: All 529 plans exempt from North Carolina state income tax
Credit or Deduction: None
Total Fees: 0.25% - 0.4%; $1.50 per month, waived for those who opt for electronic delivery of documents
Plan Type: Education savings plan
Direct- or Advisor-Sold: Direct-sold
Plan Manager: Ascensus College Savings
Residency Requirement: None
Minimum Contributions: $25 initially and subsequently; $12.50 for automatic payroll deposits
Maximum Contributions: $269,000
Age-Based Investment Options: Three categories with five options each
Static Investment Options: Six portfolios
State Taxation: All 529 plans exempt from North Dakota state income tax
Credit or Deduction: Deduction of up to $5,000 for contributions to a North Dakota plan
Total Fees: 0.5%; $20 annual fee for non-North Dakota residents
Plan Type: Education savings plan
Direct- or Advisor-Sold: Advisor-sold
Plan Manager: Ascensus College Savings
Residency Requirement: None
Minimum Contributions: $25 initially and subsequently; $12.50 for automatic payroll deposits
Maximum Contributions: $269,000
Age-Based Investment Options: Three categories with five options each
Static Investment Options: Six portfolios
State Taxation: All 529 plans exempt from North Dakota state income tax
Credit or Deduction: Deduction of up to $5,000 for contributions to a North Dakota plan
Total Fees: 0.55% - 0.85%; $20 annual fee for non-North Dakota residents
Plan Type: Education savings plan
Direct- or Advisor-Sold: Direct-sold
Plan Manager: Ohio Tuition Trust Authority
Residency Requirement: None
Minimum Contributions: $25 initially and subsequently
Maximum Contributions: $482,000
Age-Based Investment Options: Two categories; one has nine portfolios and the other has 10
Static Investment Options: 22 options
State Taxation: All 529 plans exempt from Ohio state income tax
Credit or Deduction: Deduction of up to $4,000 (per beneficiary) for contributions to an Ohio plan
Total Fees: 0.165% - 0.5%; no fees with Fifth Third Bank investments
Plan Type: Education savings plan
Direct- or Advisor-Sold: Advisor-sold
Plan Manager: BlackRock Advisors, LLC
Residency Requirement: None
Minimum Contributions: $25 generally; $500 with CD option
Maximum Contributions: $482,000
Age-Based Investment Options: Seven portfolios
Static Investment Options: 20 options
State Taxation: All 529 plans exempt from Ohio income tax
Credit or Deduction: Deduction of up to $4,000 (per beneficiary) for contributions to an Ohio plan
Total Fees: 0.18% - 2.19%; $25 annual fee, with exceptions
Plan Type: Education savings plan
Direct- or Advisor-Sold: Direct-sold
Plan Manager: TIAA-CREF Tuition Financing, Inc.
Residency Requirement: None
Minimum Contributions: $25 initially and subsequently; no minimum with automatic payroll deductions
Maximum Contributions: $300,000
Age-Based Investment Options: 10 portfolios
Static Investment Options: Six options
State Taxation: All 529 plans exempt from Oklahoma income tax
Credit or Deduction: Deduction of up to $10,000 for contributions to an Oklahoma plan
Total Fees: 0.3% - 0.57%; no fees with Guaranteed Option
Plan Type: Education savings plan
Direct- or Advisor-Sold: Advisor-sold
Plan Manager: Fidelity Investments
Residency Requirement: None
Minimum Contributions: None, generally; systematic investment plans require $50 per month or $150 per quarter
Maximum Contributions: $300,000
Age-Based Investment Options: Eight portfolios
Static Investment Options: 19 portfolios
State Taxation: All 529 plans exempt from Oklahoma income tax
Credit or Deduction: Deduction of up to $10,000 for contributions to an Oklahoma plan
Total Fees: 0.25% - 2.12%; $20 annual fee, with exceptions
Plan Type: Education savings plan
Direct- or Advisor-Sold: Direct-sold
Plan Manager: Sumday Administration, LLC
Residency Requirement: None
Minimum Contributions: $25 per portfolio initially and subsequently; minimums lower with automated investments
Maximum Contributions: $400,000
Age-Based Investment Options: One option encompassing various portfolios
Static Investment Options: 14 options
State Taxation: All 529 plans exempt from Oregon income tax
Credit or Deduction: Tax credit of up to $150; required contributions to receive credit depends on income
Total Fees: 0.25% - 0.72%
Plan Type: Education savings plan
Direct- or Advisor-Sold: Direct-sold
Plan Manager: MFS Fund Distributors, Inc.
Residency Requirement: None
Minimum Contributions: $250 initially, no subsequent minimum
Maximum Contributions: $400,000
Age-Based Investment Options: Six portfolios
Static Investment Options: 18 options
State Taxation: All 529 plans exempt from Oregon income tax
Credit or Deduction: Tax credit of up to $150; required contributions to receive credit depends on income
Total Fees: 0.67% - 2.09%; $25 annual fee, with exceptions
Plan Type: Education savings plan (guaranteed)
Direct- or Advisor-Sold: Direct-sold
Plan Manager: N/A
Residency Requirement: Beneficiary or account owner must be a resident of Pennsylvania to enroll
Minimum Contributions: $10
Maximum Contributions: $511,758
Age-Based Investment Options: N/A
Static Investment Options: N/A
State Taxation: All 529 plans exempt from Pennsylvania income tax
Credit or Deduction: Deduct amount up to annual gift tax exclusion (per beneficiary) for contributions to any 529 plan (as of 2020, gift tax exclusion is $15,000 per year)
Total Fees: 0.4% - 0.7%
Plan Type: Education savings plan
Direct- or Advisor-Sold: Direct-sold
Plan Manager: Pennsylvania Treasury Department with Vanguard and Ascensus College Savings
Residency Requirement: None
Minimum Contributions: $10
Maximum Contributions: $511,758
Age-Based Investment Options: Three categories with nine options each
Static Investment Options: 14 portfolios
State Taxation: All 529 plans exempt from Pennsylvania income tax
Credit or Deduction: Deduct amount up to annual gift tax exclusion (per beneficiary) for contributions to any 529 plan (as of 2020, gift tax exclusion is $15,000 per year)
Total Fees: 0.215% - 0.315%; $10 annual fee with exemption for account owners who opt for electronic document delivery
Plan Type: Education savings plan
Direct- or Advisor-Sold: Direct-sold
Plan Manager: Ascensus College Savings
Residency Requirement: None
Minimum Contributions: None
Maximum Contributions: $500,000
Age-Based Investment Options: 11 options
Static Investment Options: 11 options
State Taxation: All 529 plans exempt from Rhode Island income tax
Credit or Deduction: Deduction of up to $500 on contributions to a Rhode Island plan
Total Fees: 0.03% - 0.35%; rate discounted for residents of Rhode Island
Plan Type: Education savings plan
Direct- or Advisor-Sold: Advisor-sold
Plan Manager: Ascensus College Savings
Residency Requirement: None
Minimum Contributions: None
Maximum Contributions: $500,000
Age-Based Investment Options: 10 options
Static Investment Options: 14 portfolios
State Taxation: All 529 plans exempt from Rhode Island income tax
Credit or Deduction: Deduction of up to $500 on contributions to a Rhode Island plan
Total Fees: 0.16% - 2.07% (discounted for Rhode Island residents); $20 annual fee, with exceptions
Plan Type: Education savings plan
Direct- or Advisor-Sold: Direct-sold
Plan Manager: Columbia Management Investment Advisors, LLC
Residency Requirement: Beneficiary or owner must be a South Carolina resident or state employee to enroll
Minimum Contributions: None
Maximum Contributions: $520,000
Age-Based Investment Options: Three categories with nine portfolios each
Static Investment Options: 17 options
State Taxation: All 529 plans exempt from South Carolina income tax
Credit or Deduction: Deduct all contributions to South Carolina 529 plans
Total Fees: 0% - 0.25%
Plan Type: Education savings plan
Direct- or Advisor-Sold: Advisor-sold
Plan Manager: Columbia Management Investment Advisors, LLC
Residency Requirement: None
Minimum Contributions: $100 initially, $25 subsequently; no minimum for automatic investments
Maximum Contributions: $520,000
Age-Based Investment Options: Three categories with 8-9 portfolios each
Static Investment Options: 30 options
State Taxation: All 529 plans exempt from South Carolina income tax
Credit or Deduction: Deduct all contributions to South Carolina 529 plans
Total Fees: 0% - 2.01%; $25 annual fee, with exceptions
Plan Type: Education savings plan
Direct- or Advisor-Sold: Direct-sold
Plan Manager: Allianz Global Investors Distributors LLC
Residency Requirement: Beneficiary or owner must be a resident of South Dakota to enroll
Minimum Contributions: $250 per investment initially, $50 subsequently
Maximum Contributions: $350,000
Age-Based Investment Options: Nine portfolios
Static Investment Options: Three portfolios
State Taxation: South Dakota has no individual income tax
Credit or Deduction: None, for the reason specified above
Total Fees: 0.45% - 1.12%
Plan Type: Education savings plan
Direct- or Advisor-Sold: Advisor-sold
Plan Manager: Allianz Global Investors Distributors LLC
Residency Requirement: None
Minimum Contributions: $1,000 initially, $50 subsequently; $250 initially with automatic investments
Maximum Contributions: $350,000
Age-Based Investment Options: Nine portfolios
Static Investment Options: 15 portfolios
State Taxation: South Dakota has no individual income tax
Credit or Deduction: None, for the reason specified above
Total Fees: 0.48% - 2.47%; fee of $5 per quarter for balances below $20,000, with exceptions
Plan Type: Education savings plan
Direct- or Advisor-Sold: Direct-sold
Plan Manager: Tennessee Department of Treasury
Residency Requirement: None
Minimum Contributions: $25 per investment, both initially and subsequently
Maximum Contributions: $350,000 (combined with any BEST Prepaid Program accounts)
Age-Based Investment Options: 10 options
Static Investment Options: 16 options
State Taxation: Tennessee has no individual income tax
Credit or Deduction: None, for the reason stated above
Total Fees: 0.23% - 0.84%; no fees with interest-bearing account
Plan Type: Prepaid tuition plan
Direct- or Advisor-Sold: Advisor-sold
Plan Manager: N/A
Residency Requirement: Beneficiary or parent opening the account must be a resident of Texas to enroll
Minimum Contributions: Varies by plan
Maximum Contributions: N/A
Age-Based Investment Options: N/A
Static Investment Options: N/A
State Taxation: Texas has no individual income tax
Credit or Deduction: None, for the reason specified above
Total Fees: $25 enrollment fee
Plan Type: Education savings plan
Direct- or Advisor-Sold: Direct-sold
Plan Manager: Orion Advisor Solutions, Inc.
Residency Requirement: None
Minimum Contributions: $25 per portfolio; $15 with automatic contributions
Maximum Contributions: $370,000
Age-Based Investment Options: Two categories with six portfolios each
Static Investment Options: Seven options
State Taxation: Texas has no individual income tax
Credit or Deduction: None, for the reason specified above
Total Fees: 0.59% - 0.99%
Plan Type: Education savings plan
Direct- or Advisor-Sold: Advisor-sold
Plan Manager: Orion Advisor Solutions, Inc.
Residency Requirement: None
Minimum Contributions: $25 per portfolio; $15 with automatic contributions
Maximum Contributions: $370,000
Age-Based Investment Options: Six portfolios
Static Investment Options: 12 portfolios
State Taxation: Texas has no individual income tax
Credit or Deduction: None, for the reason specified above
Total Fees: 0.66% - 2.48%
Plan Type: Education savings plan
Direct- or Advisor-Sold: Direct-sold
Plan Manager: Utah Higher Education Assistance Authority
Residency Requirement: None
Minimum Contributions: None
Maximum Contributions: $500,000
Age-Based Investment Options: Four standardized portfolios, one customizable portfolio with 30 investment options
Static Investment Options: Eight options
State Taxation: All 529 plans exempt from Utah income tax
Credit or Deduction: Tax credit of 5% on contributions of up to $2,040 (per beneficiary) toward a Utah 529 plan; only the account owners are eligible
Total Fees: 0.12% - 0.525%
Plan Type: Education savings plan
Direct- or Advisor-Sold: Direct-sold
Plan Manager: Intuition College Savings Solutions, LLC
Residency Requirement: None
Minimum Contributions: $25 generally; $15 with automatic payroll deductions
Maximum Contributions: $352,800
Age-Based Investment Options: Six portfolios
Static Investment Options: Five options
State Taxation:
Credit or Deduction: Tax credit of 10% on contributions of up to $2,500 (per beneficiary) toward a Vermont plan
Total Fees: 0.04% - 0.07% (no fee with Principal Plus Interest account); $10 annual fee with exemption for account owners who opt for electronic document delivery
Plan Type: Education savings plan
Direct- or Advisor-Sold: Advisor-sold
Plan Manager: American Funds Service Company and American Funds Distributor with Capital Research and Management Company
Residency Requirement: None
Minimum Contributions: $250 per fund initially, $50 per fund subsequently; $1,000 initially with U.S. Government Money Market Fund
Maximum Contributions: $500,000
Age-Based Investment Options: Seven portfolios
Static Investment Options: Exact number unknown
State Taxation: All 529 plans exempt from Virginia income tax
Credit or Deduction: Deduction of up to $4,000 for contributions to a Virginia plan; only account owners are eligible
Total Fees: 0.29% - 2.1%
Plan Type: Education savings plan
Direct- or Advisor-Sold: Direct-sold
Plan Manager: Virginia529
Residency Requirement: None
Minimum Contributions: $25 initially, no subsequent minimum
Maximum Contributions: $500,000
Age-Based Investment Options: Eight portfolios
Static Investment Options: 15 portfolios
State Taxation: All 529 plans exempt from Virginia income tax
Credit or Deduction: Deduction of up to $4,000 for contributions to a Virginia plan; only account owners are eligible
Total Fees: 0.09% - 0.62%
Plan Type: Prepaid tuition plan (guaranteed)
Direct- or Advisor-Sold: Direct-sold
Plan Manager: N/A
Residency Requirement: Beneficiary or owner must be a resident of Washington to enroll
Minimum Contributions: Varies by plan
Maximum Contributions: $106,400
Age-Based Investment Options: N/A
Static Investment Options: N/A
State Taxation: Washington has no individual income tax
Credit or Deduction: None, for the reason stated above
Total Fees: $50 enrollment fee with exemption for online enrollment
Plan Type: Education savings plan
Direct- or Advisor-Sold: Direct-sold
Plan Manager: Sumday Administration, LLC
Residency Requirement: None
Minimum Contributions: $25 per investment initially; $5 per investment subsequently
Maximum Contributions: $500,000
Age-Based Investment Options: Three categories with 10 portfolios each
Static Investment Options: Seven options
State Taxation: Washington has no individual income tax
Credit or Deduction: None, for the reason stated above
Total Fees: 0.255% - 0.4%; $35 annual fee
Plan Type: Education savings plan
Direct- or Advisor-Sold: Direct-sold
Plan Manager: Ascensus College Savings
Residency Requirement: None
Minimum Contributions: $25 initially and subsequently
Maximum Contributions: $500,000
Age-Based Investment Options: Seven portfolios
Static Investment Options: Eight portfolios
State Taxation: Qualified distributions are tax-free from any 529 plan
Credit or Deduction: Deduction of up to $4,000 for contributions to DC plans; only available to account owner
Total Fees: 0.15% - 0.74%; $15 annual fee, with exceptions
Plan Type: Education savings plan
Direct- or Advisor-Sold: Direct-sold
Plan Manager: Hartford Funds Management Company, LLC
Residency Requirement: Beneficiary or owner must have a mailing address in West Virginia or be a state resident on active military duty
Minimum Contributions: None
Maximum Contributions: $400,000
Age-Based Investment Options: Nine portfolios
Static Investment Options: Seven options
State Taxation: All 529 plans exempt from West Virginia income tax
Credit or Deduction: All contributions to West Virginia plans deductible from state income tax
Total Fees: 0.12% - 0.22%
Plan Type: Education savings plan
Direct- or Advisor-Sold: Direct-sold
Plan Manager: Hartford Funds Management Company, LLC
Residency Requirement: None
Minimum Contributions: $250 per fund initially, $25 per fund subsequently; minimums lower for West Virginia residents
Maximum Contributions: $400,000
Age-Based Investment Options: Nine portfolios
Static Investment Options: 10 portfolios
State Taxation: All 529 plans exempt from West Virginia income tax
Credit or Deduction: All contributions to West Virginia plans deductible from state income tax
Total Fees: 0.57% - 0.67%; $25 annual fee, with exceptions
Plan Type: Education savings plan
Direct- or Advisor-Sold: Advisor-sold
Plan Manager: Hartford Funds Management Company, LLC
Residency Requirement: None
Minimum Contributions: $250 initially, $25 subsequently; minimums lower for West Virginia residents
Maximum Contributions: $400,000
Age-Based Investment Options: Nine portfolios
Static Investment Options: 19 portfolios
State Taxation: All 529 plans exempt from West Virginia income tax
Credit or Deduction: All contributions to West Virginia plans deductible from state income tax
Total Fees: 0.28% - 2.07%; $25 annual fee, with exceptions
Plan Type: Education savings plan
Direct- or Advisor-Sold: Direct-sold
Plan Manager: TIAA-CREF Tuition Financing, Inc.
Residency Requirement: None
Minimum Contributions: $25 initially and subsequently; no minimum for those with automatic payroll deductions
Maximum Contributions: $505,000
Age-Based Investment Options: 10 portfolios
Static Investment Options: 15 portfolios
State Taxation: All 529 plans exempt from Wisconsin income tax
Credit or Deduction: Deduction of up to $3,340 (per beneficiary) for contributions to a Wisconsin plan
Total Fees: 0.08% - 0.38%; no fees with Principal Plus Interest option
Plan Type: Education savings plan
Direct- or Advisor-Sold: Advisor-sold
Plan Manager: Voya
Residency Requirement: None
Minimum Contributions: $250; $25 each month with automatic contributions
Maximum Contributions: $505,000
Age-Based Investment Options: Nine portfolios
Static Investment Options: 23 portfolios
State Taxation: All 529 plans exempt from Wisconsin income tax
Credit or Deduction: Deduction of up to $3,340 (per beneficiary) for contributions to a Wisconsin plan
Total Fees: 0.21% - 2.18%; $25 annual fee, with exceptions
Wyoming only offers an ABLE account, WV ABLE, which is not covered here.
Plan Type: Prepaid tuition plan
Direct- or Advisor-Sold: Direct-sold
Plan Manager: N/A (sponsored by the Tuition Plan Consortium LLC)
Residency Requirement: None
Minimum Contributions: Varies by plan
Maximum Contributions: N/A
Age-Based Investment Options: N/A
Static Investment Options: N/A
State Taxation: Generally exempt from state income taxes, but policy varies by state
Credit or Deduction: Varies by state
Total Fees: None
