Indiana 529 plans

Best IN resident benefits

Indiana residents receive outstanding state plan benefits.

Learn about state tax benefits ↓

Featured 529 plans for Indiana residents:

View all 529 plans for Indiana

State tax deduction or credit

A 20% tax credit on up to $7,500 per year in contributions to an Indiana 529 plan can be claimed against Indiana income tax (maximum yearly credit is $1,500).

Which 529 plans does Indiana offer?

Two of the three Indiana 529 college savings programs are managed by Ascensus College Savings: The CollegeChoice 529 Direct and the CollegeChoice Advisor. The newest Indiana 529 plan is the CollegeChoice CD, which offers FDIC-insured savings options.

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

Special award

Honors

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.

ABLE Plans

529 ABLE accounts let Americans with disabilities save tax-deferred for education and other expenses without impacting eligibility for public benefits.

INvestABLE Indiana is offered through the National ABLE Alliance. INvestABLE is established under the state's ABLE legislation and Section 529A to encourage and assist individuals and families in saving private funds for the purpose of supporting individuals with disabilities. The plan allows for the creation of tax-advantaged savings accounts for individuals with disabilities to pay for disability related expenses without endangering access to vital public benefits.

A good place to start:

See the best 529 plans, personalized for you

Helping families save for college since 1999
Join our email list

The latest articles and tips to help parents stay on track with saving and paying for college, delivered to your inbox every week.

Frequently featured in:

Saving For College is an unbiased, independent resource for parents and financial professionals, providing them with information and tools to understand the benefits of 529 college savings plans and how to meet the challenge of increasing college costs.

20533 Biscayne Blvd Ste 4 #199 Miami, FL 33180-1501Phone: (585) 286-5426Copyright © 2025 Saving for College, LLC. All Rights Reserved