529 Plans: State-by-State Comparison Chart
There are over 70-529 plans and 700-529 plan investment options from which to choose. So many plans ... so little time. Learn which 529 plans could be best for your family.
State |
Plan
Name |
Fund
Manager |
Fees |
Contribution Limit |
Max
Annual Deduction |
Tax-Free
Withdrawals In-State |
Tax-Free
Withdrawals Out-State |
Investment
Options |
Open
to Non-Residents |
| Alabama | The Higher Education 529 Fund | Van Kampen | 0% |
0.78%
- 1.72% |
0 |
Yes |
Yes |
14 |
Yes |
| Alaska | John Hancock Freedom 529 | T. Rowe Price | 0.75% |
0.55%
- 1.23% |
0 |
Yes,
as Alaska has no state income tax |
Yes,
as Alaska has no state income tax |
20 |
Yes |
| Alaska | T.Rowe Price College Savings Plan | T. Rowe Price | 0.3% |
0.49%
- 0.75% |
0 |
Yes,
as Alaska has no state income tax |
Yes,
as Alaska has no state income tax |
5 |
Yes |
| Alaska | University of Alaska College Savings Plan | T. Rowe Price | 0%
- 0.3% |
0.4%
- 0.75% |
0 |
Yes,
as Alaska has no state income tax |
Yes,
as Alaska has no state income tax |
6 |
Yes |
| Arizona | Arizona Family College Savings Program (CSP) | College Savings Bank | 0.3% |
0.49%
- 0.75% |
0 |
Yes |
Yes |
1 |
Yes |
| Arizona | Fidelity Arizona College Savings Plan | Fidelity Investments | 0.3% |
0.47%
- 0.86% |
0 |
Yes |
Yes |
4 |
Yes |
| Arizona | Pacific Funds 529 College Savings Plan of Arizona | Pacific Life | 0% |
1.1%
- 2.05% |
0 |
Yes |
Yes |
19 |
Yes |
| Arizona | Waddell & Reed InvestEd Plan | Waddell & Reed | 0.25% |
0.83%
- 0.93% |
0 |
Yes |
Yes |
4 |
Yes,
only through Wadell and Reed advisor or a Legend advisors |
| Arizona | Arizona Family College Savings Program (SM&R) | Securities Management & Research | 0% |
0.5%
- 2.1% |
0 |
Yes |
Yes |
10 |
Yes |
| Arkansas | The Gift College Investing Plan | Upromise | 0.87% |
0% |
$10,000
|
Yes |
No |
9 |
Yes,
only through a financial advisor |
| California | ScholarShare College Savings Trust | TIAA-CREF | 0%
- 0.8% |
0% |
0 |
Yes |
No |
5 |
Yes |
| Colorado | Stable Value Plus College Savings Plan | The Travelers Insurance Company | 0.75% |
0% |
$12,000
|
Yes |
Yes |
1 |
Yes |
| Colorado | CollegeInvest Direct Portfolio College Savings Plan | Upromise Investments, Inc. | 0.75% |
0% |
$12,000
|
Yes |
Yes |
11 |
Yes |
| Colorado | Scholars Choice College Savings Program | Legg Mason Investment Services | 0.35% |
0.67%
- 0.99% |
$12,000
|
Yes |
Yes |
10 |
Yes |
| Connecticut | Connecticut Higher Education Trust | TIAA-CREF | 0.01%
- 0.5% |
0%
- 0.27% |
0 |
Yes |
Yes |
3 |
Yes |
| D.C. | The D.C. College Savings Plan | Calvert Group | 0.15% |
0%
- 1.69% |
$6,000
|
Yes |
Yes |
8 |
Yes |
| Delaware | Delaware College Investment Plan | Fidelity Investments | 0.3% |
0.47%
- 0.81% |
0 |
Yes |
Yes |
4 |
Yes |
| Florida | Florida College Investment Plan | Florida Prepaid College Board | 0.75% |
0% |
0 |
Yes |
Yes |
5 |
Yes |
| Georgia | Georgia Higher Education Savings Plan | TIAA-CREF | 0%
- 0.78% |
0% |
$2,000
|
Yes |
Yes |
5 |
Yes |
| Hawaii | Tuition EDGE | Delaware Investments | 0%
- 0.95% |
0% |
0 |
Yes |
Yes |
5 |
Yes,
only through a financial advisor |
| Idaho | Idaho College Savings Program | TIAA-CREF | 0%
- 0.7% |
0%
- 0.15% |
$4,000
|
Yes |
Yes |
3 |
Yes |
| Illinois | Bright Start College Savings Program | Union Bank and Trust | 0.99% |
0% |
$20,000
|
Yes |
No |
6 |
Yes |
| Illinois | Bright Directions College Savings Program | Union Bank and Trust Company | 0.45% |
0.09%
- 1.21% |
$20,000
|
Yes |
Yes |
30 |
Yes |
| Indiana | CollegeChoice 529 Plan | JP Morgan | 0.4%
- 0.95% |
0.35%
- 1.49% |
0 |
Yes |
Yes |
13 |
Yes |
| Iowa | College Savings Iowa | State Treasurer & Vanguard | 0.62% |
0% |
$2,500
|
Yes |
Yes |
12 |
Yes |
| Kansas | Learning Quest Education Savings Program | American Century Investment Management, Inc. | 0%
- 0.39% |
0.12%
- 0.92% |
$4,000
|
Yes |
Yes |
10 |
Yes |
| Kansas | Schwab 529 College Savings Plan | American Century Investment Management, Inc. | 0.39% |
0.58%
- 1.11% |
$4,000
|
Yes |
Yes |
10 |
Yes |
| Kentucky | Kentucky Education Savings Plan Trust | TIAA-CREF | 0%
- 0.8% |
0% |
0 |
Yes |
Yes |
3 |
Yes |
| Louisiana | START Savings Program | LA State Treasurer | 0% |
0%
- 0.28% |
$4,800
|
Yes |
Yes |
6 |
No |
| Maine | NextGen College Investing Plan | Merrill Lynch | 0%
- 0.5% |
0.47%
- 1.11% |
0 |
Yes |
Yes |
9 |
Yes |
| Maryland | Maryland College Investment Plan | T.Rowe Price | 0.38% |
0.5%
- 0.75% |
$2,500
|
Yes |
Yes |
5 |
Yes |
| Massachusetts | U. Fund College Investing Plan | Fidelity Investments | 0.3% |
0.47%
- 0.83% |
0 |
Yes |
Yes |
4 |
Yes |
| Michigan | Michigan Education Savings Program | TIAA-CREF | 0%
- 0.6% |
0% |
$10,000
|
Yes |
Yes |
3 |
Yes |
| Minnesota | Minnesota College Savings Plan | TIAA-CREF | 0%
- 0.65% |
0% |
0 |
Yes |
Yes |
3 |
Yes |
| Mississippi | Mississippi Affordable College Savings Program | TIAA-CREF | 0%
- 0.7% |
0.11%
- 0.15% |
$20,000
|
Yes |
No |
3 |
Yes |
| Missouri | Missouri Saving for Tuition (MOST) | TIAA-CREF | 0%
- 0.65% |
0% |
$16,000
|
Yes |
Yes |
3 |
Yes |
| Montana | Montana Family Education Savings Program | College Savings Bank | 0% |
0% |
$6,000
|
Yes |
Yes |
1 |
Yes |
| Montana | Pacific Funds 529 College Savings Plan | Pacific Life | 0% |
0.95%
- 2.05% |
$6,000
|
Yes |
Yes |
20 |
Yes |
| Nebraska | AIM College Savings Plan of Nebraska | Union Bank & AIM | 0.35% |
0.58%
- 1.91% |
$1,000
|
Yes |
Yes |
22 |
Yes |
| Nebraska | State Farm College Savings Plan | State Farm | 0.35% |
0.87%
- 1.29% |
$1,000
|
Yes |
Yes |
4 |
Yes |
| Nebraska | College Savings Plan of Nebraska | Union Bank & Trust | 0.6% |
0.05%
- 1.04% |
$1,000
|
Yes |
Yes |
31 |
Yes |
| Nebraska | TD Waterhouse College Savings Plan | Union Bank & Trust | 0.85% |
0.05%
- 1.04% |
$1,000
|
Yes |
Yes |
31 |
Yes |
| Nevada | The Vanguard 529 College Savings Plan | Vanguard | 0.6%
- 0.79% |
0% |
0 |
Yes,
as Nevada has no state income tax |
Yes,
as Nevada has no state income tax |
20 |
Yes |
| Nevada | Columbia 529 Plan | Upromise Inc. | 0.3% |
0.67%
- 1.61% |
0 |
Yes,
as Nevada has no state income tax |
Yes,
as Nevada has no state income tax |
26 |
Yes |
| Nevada | USAA College Savings Plan | Upromise and USAA | 1.1% |
0% |
0 |
Yes,
as Nevada has no state income tax |
Yes,
as Nevada has no state income tax |
7 |
Yes |
| Nevada | Upromise College Fund | Upromise Inc. | 0.3% |
0.67%
- 1.61% |
0 |
Yes,
as Nevada has no state income tax |
Yes,
as Nevada has no state income tax |
11 |
Yes |
| New Hampshire | Unique College Investing Plan | Fidelity Investments | 0.3% |
0.47%
- 0.83% |
0 |
Yes,
as New Hampshire has no state income tax |
Yes,
as New Hampshire has no state income tax |
4 |
Yes |
| New Hampshire | The Advisor College Investing Plan | Fidelity Investments | 0.45%
- 0.55% |
0.4%
- 1.09% |
0 |
Yes,
as New Hampshire has no state income tax |
Yes,
as New Hampshire has no state income tax |
15 |
Yes |
| New Jersey | Franklin Templeton 529 College Savings Plan | Franklin Templeton Investments | 0.4% |
0.45%
- 0.85% |
0 |
Yes |
Yes |
13 |
Yes,
only through a financial advisor |
| New Jersey | N J Better Educational Savings Trust (NJBEST) | Franklin Templeton Investments | 0.4% |
0.45%
- 0.84% |
0 |
Yes |
Yes |
7 |
No,
account holder or beneficiary must be NJ resident |
| New Mexico | The Education Plan's College Savings Program | OppenheimerFunds | 0.25% |
0.55%
- 0.7% |
$12,000
|
Yes |
Yes |
8 |
Yes |
| New Mexico | CollegeSense 529 Higher Education Savings Plan | Evergreen Investmts | 0.7% |
0.07%
- 0.86% |
$12,000
|
Yes |
Yes |
13 |
Yes |
| New Mexico | Scholar'sEdge | OppenheimerFunds | 0.25% |
0.73%
- 1.2% |
$12,000
|
Yes |
Yes |
15 |
Yes |
| New York | New York's College Savings Program (Direct Plan) | Upromise Investments, Inc. (The Vanguard Group - investment manager) | 0.56% |
0% |
$10,000
|
Yes |
Yes |
15 |
Yes |
| New York | New York's College Savings Program (Advisor Plan) | Upromise Investments, Inc. | 0.55% |
0.25%
- 1.35% |
$10,000
|
Yes |
Yes |
25 |
Yes |
| North Carolina | North Carolina's National College Savings Program | College Foundations Inc. | 0.1%
- 0.25% |
0.05%
- 1.16% |
0 |
Yes |
Yes |
12 |
Yes |
| North Dakota | College SAVE | Morgan Stanley | 0.5% |
1.17%
- 1.71% |
0 |
Yes |
Yes |
7 |
Yes |
| Ohio | Putnam CollegeAdvantage Savings Plan - Advisor Sold | Putnam Investments | 0.49%
- 0.64% |
0.52%
- 1.35% |
$2,000
|
Yes |
Yes |
19 |
Yes |
| Ohio | College Advantage Savings Plan - Direct | Ohio Tuition Trust Authority | 0%
- 0.41% |
0%
- 1.37% |
$2,000
|
Yes |
Yes |
32 |
No |
| Oklahoma | Oklahoma College Savings Plan | TIAA-CREF | 0%
- 0.65% |
0%
- 0.12% |
$20,000
|
Yes |
Yes |
3 |
Yes |
| Oregon | OppenheimerFunds 529 Plan | OppenheimerFunds, Inc. | 0.25% |
0.55%
- 0.79% |
$2,000
|
Yes |
Yes |
8 |
Yes,
only through a financial advisor |
| Oregon | MFS 529 Savings Plan | MFS Investment Management | 0.25% |
0.7%
- 1.67% |
$2,000
|
Yes |
Yes |
26 |
Yes,
only through a financial advisor. |
| Oregon | Oregon College Savings Plan | OppenheimerFunds, Inc. | 0.25% |
0.08%
- 0.79% |
$2,000
|
Yes |
Yes |
12 |
Yes |
| Pennsylvania | TAP 529 Investment Plan | Delaware Investments | 0.35% |
0.45%
- 1.29% |
0 |
Yes |
No |
9 |
Yes,
but non-residents must incur higher cost of class shares |
| Rhode Island | CollegeBound Fund | Alliance Bernstein | 0% |
0.4%
- 1.37% |
$1,000
|
Yes |
Yes |
16 |
Yes,
non-residents incur higher cost |
| South Carolina | Future Scholar 529 College Savings Plan | BACAP Distributors | 0.2% |
0.1%
- 0.41% |
$12,000
|
Yes |
Yes |
11 |
Yes,
only through a financial advisor. |
| South Dakota | Legg Mason Core4College 529 Plan | Legg Mason | 0.53%
- 1.2% |
0.67%
- 0.85% |
0 |
Yes,
as South Dakota has no state income tax. |
Yes,
as South Dakota has no state income tax. |
17 |
Yes,
only through a financial advisor. Also, non-residents will incur
higher fees of broker sold shares. |
| South Dakota | CollegeAccess 529 | Allianz Global Investors Direct | 0.45%
- 0.65% |
0% |
0 |
Yes,
as South Dakota has no state income tax. |
Yes,
as South Dakota has no state income tax. |
3 |
Yes,
only through a financial advisor. Also, non-residents will incur
higher fees of broker sold shares. |
| Tennessee | Tennessee's BEST Savings Plan | TIAA-CREF | 0%
- 0.8% |
0% |
0 |
Yes,
as Tennessee has no state income tax |
Yes,
as Tennessee has no state income tax |
3 |
Yes |
| Texas | Tomorrow's College Investment Plan | Enterprise Capital Management, Inc. | 0%
- 0.1% |
0% |
0 |
Yes,
as Texas has no state income tax |
Yes,
as Texas has no state income tax |
16 |
Yes,
Class A, B and C Units are available to non-residents but must be
purchased through a financial advisor. Class T and Class A Units
are available only to Account Owners or Beneficiaries who are Texas
residents and who purchase their Units directly from Enterprise or through a fee-based financial advisor. |
| Utah | Utah Educational Savings Plan | State Treasurer through Vanguard | 0%
- 0.25% |
0%
- 0.16% |
$1,365
|
Yes |
Yes |
9 |
Yes |
| Vermont | Vermont Higher Education Savings Plan | TIAA-CREF | 0%
- 0.8% |
0% |
0 |
Yes |
Yes |
3 |
Yes |
| Virginia | CollegeAmerica | Virginia College Savings Plan and American Funds | 0.39%
- 0.53% |
0.24%
- 0.74% |
$2,000
|
Yes |
Yes |
21 |
Yes |
| Virginia | Virginia Education Savings Trust | Virginia Education Savings Board | 0.25% |
0.08%
- 0.31% |
$2,000
|
Yes |
Yes |
10 |
Yes |
| West Virginia | Smart529 - College Savings Option | Hartford Life | 0.3% |
0.86% |
$12,000
|
Yes |
Yes |
7 |
Yes |
| West Virginia | Smart529 Select | Hartford Life | 0.55% |
0.2%
- 0.47% |
$12,000
|
Yes |
Yes |
17 |
Yes |
| West Virginia | Director SMART529 | Hartford Life | 0.6% |
0.86% |
$12,000
|
Yes |
Yes |
14 |
Yes |
| West Virginia | Cornerstone SMART529 | Hartford Life | 0.74% |
0.72%
- 1.31% |
$12,000
|
Yes |
Yes |
27 |
Yes |
| West Virginia | Leaders SMART529 | Hartford Life | 0.74% |
0.7%
- 1.38% |
$12,000
|
Yes |
Yes |
21 |
No |
| Wisconsin | Tomorrow's Scholar | Wells Fargo Funds Management, LLC | 0.25%
- 0.3% |
0.75%
- 1.17% |
$3,000
|
Yes |
Yes |
10 |
Yes |
| Wisconsin | EdVest | Wells Fargo Funds Management, LLC | 0.12%
- 0.3% |
0.05%
- 0.95% |
$3,000
|
Yes |
Yes |
13 |
Yes |
| Wyoming | College Achievement Plan | Mercury Advisors | 0.9% |
0.92%
- 1.53% |
0 |
Yes,
as Wyoming has no state income tax. |
Yes,
as Wyoming has no state income tax. |
5 |
Yes |
| Please be aware that these ratings are general and do not apply to each individual family's specific circumstances, as different risk profiles, states of residence, investment preferences and financial situations may warrant different types of plans. Hence, a plan that rates an 'A' according to the 401kid methodology may not be better for everybody than plans that rate lower. It is recommended that you consult your personal financial advisor or utilize an objective evaluation tool that compares these plans specific to your own tax bracket and financial profile. Furthermore, the ratings are not solely a reflection of the plan program manager, but also of the state's 529 plan legislation, which provides for tax benefits and other advantages for residents. As these plans and the associated tax legislation change frequently, 401kid cannot be held responsible for inaccuracies and non-updated information. Please check with the websites of the specific 529 plans of interest to verify information. | |||||||||
