Florida residents receive numerous state plan benefits.
Learn about state tax benefits ↓Florida residents receive numerous state plan benefits.
Learn about state tax benefits ↓Featured 529 plans for Florida residents:
Florida does not have a personal income tax.
Florida offers a prepaid tuition plan and a 529 savings plan, both which have Florida residency requirements. The Stanley G. Tate Florida Prepaid College Plan is the largest prepaid plan in the nation. It is unique among contract-type prepaid programs in offering a dormitory option in addition to its various tuition and fees packages. The Florida 529 Savings Plan is a board-managed 529 college savings program that hires outside investment managers to separately manage the program’s portfolios.
See more about each Florida 529 plan by following the links below.
"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.
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Prepaid Plan
529 ABLE accounts let Americans with disabilities save tax-deferred for education and other expenses without impacting eligibility for public benefits.
ABLE Plan
ABLE Accounts encourage individuals with a disability and their families to save private funds to support health, independence, and quality of life. In July 2015, the State of Florida created Florida ABLE, Inc. (d/b/a ABLE United) a registered not-for-profit and direct support organization of the Florida Prepaid College Board to administer the ABLE United Program.
A good place to start:
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