View our latest poll:
529 Plan Details:
Enter your state:
World's Simplest College Calculator:
How old is your child?
Find a 529 Pro:
Enter your zip code:
Enroll In a 529 Plan:
Fidelity Arizona College Savings Plan
Arizona
This Fidelity-managed 529 plan follows the same approach as other Fidelity plans in California, Delaware, Massachusetts and New Hampshire. It features two age-based options, one using actively managed mutual funds, and one using index mutual funds, along with 11 static options.
5-Cap Rating
 (Resident Rating) |
(Non-Resident Rating) |
Ready to enroll?
Obtain this plan's official enrollment materials by completing our form. It's free and we will forward your details to the program manager. Enroll Today!
General
Did you know?
Residents are not limited to investing in their own State's plan. Another state may offer a plan that performs better and has lower fees. If there is no tax break offered for in-state investors... shop around!
Also, the plan chosen does not affect which state the student enrolls in. An investor can live in NY, invest in a plan from NV and send a student to college in FL.
Program type:
Savings
How to enroll:
Enroll directly with the program.
Initial year of operation:
2005
State agency(ies):
Arizona Commission for Postsecondary Education
Program manager:
Fidelity Investments
Program distributor:
Fidelity Brokerage Services LLC
Manager contract term:
Premium subscription required for this data.
Eligibility
State residency requirements:
None
Who can be a participant/owner in the program?
U.S. citizens and resident aliens at least 18 years old, UGMA/UTMA custodians, and legal entities
Significant time or age restrictions imposed by the program:
None
Contributions
Maximum contributions:
Accepts contributions until all account balances in Arizona's 529 plans for the same beneficiary reach $340,000.
Minimum contributions:
With lump-sum contributions, the minimum initial contribution is $50, and the minimum subsequent contribution is $25. With the automatic investment plan, the minimum contribution level is $15 per month or $45 per quarter.
Investment Options
Age-based investment options:
Choose between two age-based options, one invested in actively-managed mutual funds and the other invested in index mutual funds. Contributions are placed into the portfolio corresponding to the beneficiary’s age. The portfolios automatically shift to a more conservative investment allocation over time.
Static investment options:
Select among six multi-fund portfolios and five individual-fund portfolios.
Underlying investments:
Fidelity Investments mutual funds
Underlying fund allocations:
Premium subscription required for this data.
Investment performance link:
Premium subscription required for this data.
Portfolio Fees & Performance Lookup
Premium subscription required for this data.
Fees & Expenses
Enrollment or application fee:
None
Account maintenance fee:
None
Program management fees:
0.15% for the index fund options (includes 0.02% state fee); 0.20% for the actively managed fund options (includes 0.02% state fee).
Expenses of the underlying investments:
Ranges from approximately 0.10% to 0.20% annualized in the index fund portfolios and from approximately 0.39% to 0.84% annualized in the actively managed fund portfolios.
Total asset-based expense ratio:
0.25% - 1.04%
Taxes and other Benefits
Program match on contributions:
None
State tax deduction or credit for contributions:
In 2008 through 2012, contributions to Arizona and non-Arizona 529 plans of up to $750 per year for an individual taxpayer, and $1,500 per year for a married couple filing jointly, are deductible in computing Arizona taxable income.
Value of in-state tax benefits:
Premium subscription required for this data.
State tax recapture provisions:
The principal portion of nonqualified withdrawals from this plan are included in Arizona taxable income to the extent of prior Arizona tax deductions. Nonqualified withdrawals for this purpose do not include withdrawals made as the result of the beneficiary's death or disability, withdrawals made on account of the beneficiary's receipt of a scholarship, or rollovers.
State tax treatment of qualified distributions:
Arizona law specifically exempts qualified distributions from Arizona and non-Arizona 529 plans.
State tax treatment of rollovers:
Arizona follows federal tax-free treatment.
Does the sponsoring state exclude the value of an account for state financial aid purposes?
Yes
Does participation in the program provide beneficiaries with any advantages in qualifying for resident tuition status at state institutions?
No
Does the program have a formal agreement with a rewards program or outside scholarship program?
Yes, Fidelity Investments 529 College Rewards American Express Card rebates 2% of purchases.
Statutory protection of an account from creditors:
Premium subscription required for this data.
Distributions & Terminations
To whom are distributions made payable:
To whomever the account owner specifies - the account owner, the beneficiary, a school, or anyone else.
Account Changes
Policy regarding participant/owner changes:
Accepts requests to change account ownership. However, the program may report an owner change as a nonqualified distribution subject to all applicable federal and state taxes and penalties.
Documents, Access & Reporting
Does participant have online password-protected access to account?
Yes
Can the complete enrollment process including funding be done online?
Yes
Documents and other services accessible or downloadable on the program's public Web site:
Premium subscription required for this data.
Contact
Telephone:
1-800-544-1262
Web site:
Plan News
- AZ: Fidelity cuts 529 manager fee (12/02/2009)
- Fidelity makes enhancements to AZ 529 (11/18/2006)
State News
- Arizona issues 529 plan audit findings (10/31/2007)
- Arizona to transfer Pacific Life 529 assets (08/24/2007)
- Arizona to transfer remaining SM&R 529 assets (08/21/2007)
- Arizona enacts 529 tax deduction starting 2008 (06/27/2007)
- Pacific Life's Arizona 529 enters transition mode (01/05/2007)
Login to My Account