Texas 529 plans

Basic TX resident benefits

Texas residents receive some state plan benefits.

Learn about state tax benefits ↓

Featured 529 plans for Texas residents:

View all 529 plans for Texas

State tax deduction or credit

Texas does not have a personal income tax.

Which 529 plans does Texas offer?

Both the Texas direct-sold 529 plan (Texas College Savings Plan) and the advisor-sold plan (Lonestar 529 Plan) are managed by Orion Advisor Solutions, Inc. (formerly known as NorthStar Financial Services Group, LLC) and offer investments from a diverse selection of firms. Texas also has two 529 prepaid tuition plans for Texas residents—a contract-type program that closed to new enrollment in 2003 (Texas Guaranteed Tuition Plan) and a replacement unit-type plan managed by Orion that opened in fall 2008 (Texas Tuition Promise Fund).

Read about the features of each Texas 529 plan by clicking on the following links.

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

Honors

ABLE Plans

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

Texas ABLE

ABLE Plan

The Texas Achieving a Better Life Experience (Texas ABLE) Program was established to encourage and assist individuals with disabilities and their families in saving funds to pay for many disability-related expenses critical to maintaining the individuals' health, independence, and quality of life. The Texas ABLE Program is established and maintained by the Texas Prepaid Higher Education Tuition Board with assistance from the Texas Comptroller of Public Accounts.

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