South Carolina 529 plans

Best SC resident benefits

South Carolina residents receive outstanding state plan benefits.

Learn about state tax benefits ↓

Featured 529 plans for South Carolina residents:

View all 529 plans for South Carolina

State tax deduction or credit

Contributions to a South Carolina 529 plan are fully deductible in computing South Carolina taxable income.

Which 529 plans does South Carolina offer?

South Carolina has two Future Scholar 529 savings plans. The direct-sold plan is available only to South Carolina residents while the advisor-sold plan is sold nationally. The state’s prepaid tuition program is no longer accepting new enrollment.

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.

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

Special award

High Honor

ABLE Plans

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

The State of South Carolina has partnered with the State of Ohio to bring the Palmetto ABLE Savings Program, a program that offers the STABLE Account Plan to eligible South Carolina residents. The STABLE Account Plan is established pursuant to Ohio law (Ohio Revised Code §113.50-§113.56) in accordance with Section 529A, and is structured and operated by the Ohio Treasurer's Office and its Service Providers.

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