- 529 Plans
- 529 Plan Ratings and Rankings
- Choosing a 529 Plan
- Resources
- College Savings 101
- How to Save for College
- Other Savings Options
- Tools and Calculators
- Student Loans
- Ratings and Reviews
- Paying for College
- Tools and Calculators
- For Professionals
- Advisor Resources
- Tools and Calculators
- Subscriptions
- 529 Plan Ratings and Rankings
- Choosing a 529 Plan
- Resources
- How to Save for College
- Other Savings Options
- Tools and Calculators
- Ratings and Reviews
- Paying for College
- Tools and Calculators
- Advisor Resources
- Tools and Calculators
- Subscriptions
- Account
Louisiana 529 plans
Louisiana residents receive numerous state plan benefits.
Learn about state tax benefits ↓Louisiana residents receive numerous state plan benefits.
Learn about state tax benefits ↓Featured 529 plans for Louisiana residents:
State tax deduction or credit
Contributions to a Louisiana 529 plan of up to $2,400 per beneficiary per year by an individual taxpayer, and up to $4,800 per beneficiary per year by a married couple filing jointly, are deductible in computing Louisiana taxable income. Any unused cap amount with an active account may be carried forward to increase the cap in subsequent tax years. Double deductions of up to $4,800 per year may be claimed for an account opened for an eligible needy, non-related beneficiary. Contribution deadline is December 31. Contributions to START K12 accounts ARE NOT deductible in computing Louisiana taxable income.
Which 529 plans does Louisiana offer?
Louisiana offers the direct-sold START Savings Program only to those meeting Louisiana residency requirements. This 529 savings plan features portfolios which utilize Vanguard mutual funds. The state also offers a separate 529 plan for K-12 savings, the START K12 Program.
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
3.5 / 5
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 Louisiana Achieving a Better Life Experience (ABLE) Account Program allows individuals and families to save private funds to support persons with disabilities in endeavors to maintain health, independence, and quality of life.
A good place to start:
See the best 529 plans, personalized for you
The latest articles and tips to help parents stay on track with saving and paying for college, delivered to your inbox every week.
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.
