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Alaska 529 plans
Alaska residents receive numerous state plan benefits.
Learn about state tax benefits ↓Alaska residents receive numerous state plan benefits.
Learn about state tax benefits ↓Featured 529 plans for Alaska residents:
State tax deduction or credit
Alaska does not have a personal income tax.
Which 529 plans does Alaska offer?
Alaska has three 529 college savings plans to offer; two direct-sold 529 plans and an advisor-sold program. Each direct-sold plan is managed by T. Rowe Price: The T. Rowe Price College Savings Plan is a nationally-marketed 529 plan utilizing T. Rowe Price mutual funds. Alaska 529 (previously known as University of Alaska College Savings Plan) does not receive national attention, but it does offer equivalent investment options as well as a unique cost-saving option, the University of Alaska Portfolio, that provides special benefits to future University of Alaska students. The advisor-sold John Hancock Freedom 529 program utilizes a multi-manager approach in its investment portfolios.
The links below provide more information on each Alaska 529 plan.
Direct sold 529 plans
"Do-it-yourself" type plans in which the saver enrolls and sets up the initial investment. Fortunately most 529 plans make this simple! You'll pay no sales charges beyond fund and administrative fees.
Our rating
4.5 / 5
Special award
Our rating
4.5 / 5
Special award
Advisor sold 529 plans
Plans offered by investment professionals. You'll gain the guidance of a financial advisor, but will incur sales charges and/or fees as you invest.
Our rating
4.5 / 5
Special award
ABLE Plans
529 ABLE accounts let Americans with disabilities save tax-deferred for education and other expenses without impacting eligibility for public benefits.
ABLE Plan
The Alaska ABLE Plan is offered through the National ABLE Alliance. The plan is established under the Alaska ABLE Savings Program Act and Section 529A to provide financial accounts for individuals with disabilities. The Alaska ABLE Plan is created within the Alaska Department of Revenue, which is the state agency responsible for implementing and administering the Alaska ABLE Plan.
A good place to start:
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