529 PLANS

Alaska (AK) 529 College Savings Plans

Alaska has three 529 college savings plans to offer; two direct-sold 529 plans and an advisor-sold program. Each direct-sold Alaska 529 plan is managed by T. Rowe Price: The T. Rowe Price College Savings Plan is a nationally-marketed 529 plan utilizing T. Rowe Price mutual funds. The University of Alaska College Savings Plan does not receive national attention, but it does offer equivalent investment options as well as a unique, cost-saving option called the ACT Portfolio that provides special benefits to future University of Alaska students. The advisor-sold John Hancock Freedom 529 program utilizes a multi-manager approach in its investment portfolios.

The links below provide more information on each Alaska 529 plan.

Consumer Plans

T. Rowe Price College Savings Plan

T. Rowe Price College Savings Plan, the nationally-branded version of Alaska's direct-sold 529 savings program mirrors the University of Alaska College Savings Plan but lacks the ACT Portfolio found in the UA program. The enrollment-based and static...

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In Savingforcollege.com's latest quarterly rankings, this plan ranked in the top 10 for 1-year, 3-year, 5-year and/or 10-year performance.

Resident Rating
Non-Resident Rating

University of Alaska College Savings Plan

The University of Alaska College Savings Plan is a direct-sold 529 savings plan. The Program features both enrollment-based and static portfolios, along with an additional portfolio called the ACT Portfolio providing special benefits to future...

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In Savingforcollege.com's latest quarterly rankings, this plan ranked in the top 10 for 1-year, 3-year, 5-year and/or 10-year performance.

Resident Rating
Non-Resident Rating

Advisor Sold Plans

John Hancock Freedom 529

T. Rowe Price and John Hancock have teamed up with Alaska to offer the John Hancock Freedom 529 advisor-sold 529 savings program. It features enrollment-based and static portfolios utilizing mutual funds from T. Rowe Price and a number of other fund...

Resident Rating
Non-Resident Rating

ABLE Plans

Alaska ABLE Plan

The Alaska ABLE Plan is offered through the National ABLE Alliance. The plan is established under the Alaska ABLE Savings Program Act and Section 529A to provide financial accounts for individuals with disabilities. The Alaska ABLE Plan is created...

State News

 

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