Compare 529 Plans by Features

Plan

To whom are distributions made payable

Only the beneficiary, or, if one has been named, the authorized legal representative, may direct withdrawals from an ABLE account.

Eligible educational institution, beneficiary, or account owner, as directed by the account owner.

Eligible educational institution, beneficiary, or account owner, as directed by the account owner

Beneficiary and an eligible educational institution jointly, beneficiary, estate of the beneficiary, or account owner, as directed by the account owner.

Qualified withdrawals will be sent by check or ACH to the account owner at the address on the account or a third party designated by the account owner.

Beneficiary, an eligible educational institution for the benefit of the beneficiary (FBO), beneficiary, estate of the beneficiary, or account owner, as directed by the account owner

Beneficiary and an eligible educational institution jointly, beneficiary, estate of the beneficiary, or account owner, as directed by the account owner.

AZ ABLE

Arizona

Only the beneficiary, or, if one has been named, the authorized legal representative may direct withdrawals from a STABLE Account.

To whomever the account owner specifies - the account owner, the beneficiary, a school, or anyone else.

Account owner, beneficiary or educational instituion.

Eligible educational institution, beneficiary, or account owner, as directed by the account owner

AR ABLE

Arkansas

Withdrawals will be sent by check or ACH to the account owner at the address on the account or a third party designated by the account owner.

Eligible educational institution, beneficiary, or account owner, as directed by the account owner.

Eligible educational institution, beneficiary, or account owner, as directed by the account owner.

CalABLE

California

Only the beneficiary or an authorized legal representative may direct withdrawals from an account.

Beneficiary, eligible educational institution or account owner, as directed by the account owner.

Withdrawals will be sent by check or ACH to the account owner at the address on the account or a third party designated by the account owner.

Eligible educational institution, beneficiary, or account owner, as directed by the account owner.

Eligible educational institution, beneficiary, or account owner, as directed by the account owner

Eligible educational institution, beneficiary, or account owner, as directed by the account owner.

Eligible educational institution, beneficiary, or account owner, as directed by the account owner.

ABLE CT

Connecticut

Withdrawals will be sent by check or ACH to the account owner at the address on the account or a third party designated by the account owner.

Eligible educational institution or account owner, as directed by the account owner.

Eligible educational institution or account owner, as directed by the account owner.

To whomever the account owner specifies - the account owner, the beneficiary, a school, or anyone else.

DEPENDABLE

Delaware

Withdrawals will be sent by check or ACH to the account owner at the address on the account or a third party designated by the account owner.

DC ABLE

District of Columbia

Withdrawals will be sent by check or ACH to the account owner at the address on the account or a third party designated by the account owner.

DC College Savings Plan

District of Columbia

Eligible educational institution, beneficiary, or account owner, as directed by the account owner.

A distribution may be made payable to the beneficiary, a custodian or a third party by submitting a request. The individual submitting the request is responsible for providing the correct information about the payee.

Eligible educational institution; a cancellation refund or scholarship refund is payable to account owner.

Eligible educational institution, beneficiary, or account owner, as directed by the account owner.

Only the beneficiary, or, if one has been named, the authorized legal representative may direct withdrawals from a STABLE Account.

Eligible educational institution or account owner, as directed by the account owner. Distributions may be made payable to the Beneficiary. Note, non qualified withdrawals and withdrawals for K-12 expenses are payable to the account owner only.

Only the beneficiary, or, if one has been named, the authorized legal representative, may direct withdrawals from an ABLE account.

Eligible educational institution, beneficiary, or account owner, as directed by the account owner.

Eligible educational institution, beneficiary, or account owner, as directed by the account owner.

Eligible educational institution, beneficiary, or account owner, as directed by the account owner

Eligible educational institution, beneficiary, or account owner, as directed by the account owner.

Benefits are paid directly to the school on behalf of the beneficiary; refunds are made to the purchaser/owner of the account.

Withdrawals will be sent by check or ACH to the account owner at the address on the account or a third party designated by the account owner.

Eligible educational institution, beneficiary, or account owner, as directed by the account owner.

Eligible educational institution, beneficiary, or account owner, as directed by the account owner

Account owner, beneficiary or educational institution.

Withdrawals will be sent by check or ACH to the account owner at the address on the account or a third party designated by the account owner.

Eligible educational institution, beneficiary, or account owner, as directed by the account owner.

Withdrawals will be sent by check or ACH to the account owner at the address on the Account or a third party designated by the account owner.

Eligible educational institution, beneficiary, or account owner, as directed by the account owner

Withdrawals will be sent by check or ACH to the account owner at the address on the account or a third party designated by the account owner.

Eligible educational institution, beneficiary, or account owner, as directed by the account owner.

Eligible educational institution, beneficiary, or account owner, as directed by the account owner

Eligible educational institution, beneficiary, or account owner, as directed by the account owner.

KY Saves 529

Kentucky

Eligible educational institution or account owner, as directed by the account owner.

Only the beneficiary, or, if one has been named, the authorized legal representative may direct withdrawals from a STABLE Account.

LA ABLE

Louisiana

A qualified withdrawal will be distributed to the account owner and sent to the address on the account or a third party designated by the account owner.

Qualified withdrawals are made payable to the educational institution, beneficiary, or account owner; nonqualified withdrawals (refunds) are made payable to the account owner.

ABLE ME

Maine

Only the beneficiary or their authorized representative may initiate a withdrawal from an account.

Eligible educational institution, beneficiary, or account owner, as directed by the account owner.

Eligible educational institution, beneficiary, or account owner, as directed by the account owner

Beneficiary, beneficiary and eligible educational institution jointly, estate of beneficiary, or account owner, as directed by the account owner.

Eligible educational institution or account owner, as directed by the account owner.

Only the beneficiary, or, if one has been named, the authorized legal representative, may direct withdrawals from an ABLE account.

The designated beneficiary or PSA, as applicable, may request a distribution.

To whomever the account owner specifies - the account owner, the beneficiary, a school, or anyone else.

U.Plan

Massachusetts

Account owner or eligible educational institution.

Eligible educational institution, beneficiary, institution and beneficiary jointly, or account owner, as directed by the account owner.

MiABLE

Michigan

Qualified withdrawals will be payable to the account owner. Distributions will be sent to the address on the account, a third party designated by the account owner or by ACH.

Eligible educational institution, beneficiary, institution and beneficiary jointly, or account owner, as directed by the account owner.

To the higher education institution if beneficiary is attending college; to the refund designee name in the MET contract if beneficiary is not attending college

Withdrawals will be sent by check or ACH to the account owner at the address on the account or a third party designated by the account owner.

Eligible educational institution and/or the beneficiary, or account owner, as directed by the account owner.

Mississippi ABLE

Mississippi

Withdrawals will be sent by check or ACH to the account owner at the address on the account or a third party designated by the account owner.

Eligible educational institution or account owner, as directed by the account owner.

MO ABLE

Missouri

Only the beneficiary, or, if one has been named, the authorized legal representative may direct withdrawals from a STABLE Account.

Eligible educational institution or account owner, as directed by the account owner.

Eligible educational institution, beneficiary, or account owner, as directed by the account owner.

Withdrawals will be sent by check or ACH to the account owner at the address on the account or a third party designated by the account owner.

Eligible educational institution, beneficiary, or account owner, as directed by the account owner.

A Qualified Withdrawal will be distributed to the account owner and sent to the address on the account or a third party designated by the account owner.

Eligible educational institution, beneficiary, or account owner, as directed by the account owner

Eligible educational institution, beneficiary, or account owner, as directed by the account owner

Eligible educational institution, beneficiary, or account owner, as directed by the account owner

Withdrawals will be sent by check or ACH to the account owner at the address on the account or a third party designated by the account owner.

Eligible educational institution, beneficiary, or account owner, as directed by the account owner.

Account owner, eligible educational institution, or other third party, as directed by account owner.

Eligible educational institution, beneficiary, or account owner, as directed by the account owner.

Eligible educational institution, beneficiary, or account owner, as directed by the account owner.

Eligible educational institution, beneficiary, or account owner, as directed by the account owner.

Eligible educational institution, beneficiary, or account owner, as directed by the account owner.

Beneficiary, eligible educational institution, or other distributee including the account owner

STABLE NH

New Hampshire

Only the beneficiary, or, if one has been named, the authorized legal representative may direct withdrawals from a STABLE Account.

The NH ABLE Plan

New Hampshire

Only the beneficiary, or, if one has been named, the authorized legal representative may direct withdrawals from The NH ABLE Account.

To whomever the account owner specifies - the account owner, the beneficiary, a school, or anyone else.

Eligible educational institution, beneficiary, or account owner, as directed by the account owner

NJ ABLE

New Jersey

Withdrawals will be sent by check or ACH to the account owner at the address on the account or a third party designated by the account owner.

Eligible educational institution, beneficiary, or account owner, as directed by the account owner.

ABLE New Mexico

New Mexico

Only the beneficiary, or, if one has been named, the authorized legal representative may direct withdrawals from a STABLE Account.

Scholar's Edge

New Mexico

Eligible educational institution, beneficiary, or account owner, as directed by the account owner

Eligible educational institution, beneficiary, or account owner, as directed by the account owner.

Choice of account owner, beneficiary, or eligible educational institution; if the institution, then the withdrawal amount is first directed to the NY Higher Education Services Corp. and then paid to the institution from HESC

Choice of account owner, beneficiary, or eligible educational institution; if the institution, then the withdrawal amount is first directed to the NY Higher Education Services Corp. and then paid to the institution from HESC.

NY ABLE

New York

Qualified withdrawals will be sent by check or ACH to the account owner at the address on the account or a third party designated by the account owner.

Account owner or designated beneficiary or institution

NC 529 Plan

North Carolina

Participant, designated beneficiary, or copayable to the beneficiary and eligible educational institution, as directed by the participant.

NC ABLE

North Carolina

Withdrawals will be sent by check or ACH to the account owner at the address on the account or a third party designated by the account owner.

Eligible educational institution, beneficiary, or account owner, as directed by the account owner.

Eligible educational institution, beneficiary, or account owner, as directed by the account owner.

Eligible educational institution, beneficiary, or account owner, as directed by the account owner.

Eligible educational institution, beneficiary, or account owner, as directed by the account owner.

Only the beneficiary, or, if one has been named, the authorized legal representative may direct withdrawals from a STABLE Account.

Oklahoma 529

Oklahoma

Eligible educational institution or account owner, as directed by the account owner.

Eligible educational institution, beneficiary, or account owner, as directed by the account owner.

Only the beneficiary, or, if one has been named, the authorized legal representative may direct withdrawals from a STABLE Account.

Only the beneficiary, or, if one has been named, the authorized legal representative, may direct withdrawals from an ABLE account.

Eligible educational institution, beneficiary, or account owner, as directed by the account owner

Only the beneficiary, or, if one has been named, the authorized legal representative, may direct withdrawals from an ABLE account.

Eligible educational institution, beneficiary, or account owner, as directed by the account owner

Eligible educational institution or account owner; qualified distributions to account owner require substantiating documentation.

PA ABLE

Pennsylvania

Qualified withdrawals may be paid directly to the account owner or to a designated third party.

Account owner, eligible educational institution, or third parties (other than the beneficiary) designated by the account owner. Substantiation of expenses is required in order to receive full value as a qualified withdrawal.

The account owner, designated beneficiary, or an eligible educational institution.

Eligible educational institution, beneficiary, or account owner, as directed by the account owner

Eligible educational institution, beneficiary, or account owner, as directed by the account owner.

RI's ABLE

Rhode Island

Withdrawals will be sent by check or ACH to the account owner at the address on the account or a third party designated by the account owner.

Eligible educational institution, beneficiary, beneficiary and institution jointly, or account owner, as directed by the account owner

Eligible educational institution, beneficiary, beneficiary and institution jointly, or account owner, as directed by the account owner.

Only the beneficiary, or, if one has been named, the authorized legal representative may direct withdrawals from a STABLE Account.

Account owner, beneficiary, eligible educational institution, or third-party, as directed by the account owner

Account owner, beneficiary, eligible educational institution, or third-party, as directed by the account owner.

ABLE TN

Tennessee

A withdrawal may be made payable to a designated beneficiary or the designated beneficiary's legal representative.

The purchaser, beneficiary or the institution of higher education. Non-qualified withdrawals that are "refunds" or that are eligible for a waiver of the federal 10 percent penalty tax are payable to the purchaser.

Eligible educational institution, beneficiary, or account owner, as directed by the account owner.

The designated beneficiary, or, if one has been named, an authorized legal representative, may direct withdrawals from an account.

Eligible educational institution, beneficiary, or account owner, as directed by the account owner.

Tuition payments are made to the educational institution that the beneficiary attends.

Only the beneficiary, or, if one has been named, the authorized legal representative may direct withdrawals from a STABLE Account.

my529

Utah

Eligible educational institution, beneficiary, or account owner, as directed by the account owner. K-12 tuition will only be payable to the account owner.

Only the beneficiary, or, if one has been named, the authorized legal representative may direct withdrawals from a STABLE Account.

Eligible education institution, designated beneficiary or account owner, as directed by the account owner.

ABLEAmerica

Virginia

Only the Account Owner or authorized representative may request transfers, rollovers, investment changes, withdrawals and beneficiary changes.

ABLEnow

Virginia

Account owners or authorized representatives can withdraw money from an account by using their ABLEnow Debit Card. Cash withdrawals are not permitted.

Account owner, beneficiary, or eligible educational institution

Invest529

Virginia

Account owner, beneficiary, eligible educational institution, or other third party, as directed by account owner.

Eligible educational institution, beneficiary, or account owner, as directed by the account owner.

Eligible educational institution, beneficiary, or account owner, as directed by the account owner.

A withdrawal may be made payable to a designated beneficiary or the designated beneficiary's legal representative.

Eligible educational institution, beneficiary, or account owner, as directed by the account owner

SMART529 Select

West Virginia

Eligible educational institution, beneficiary, or account owner, as directed by the account owner.

Eligible educational institution, beneficiary, or account owner, as directed by the account owner.

Eligible educational institution, beneficiary, or account owner, as directed by the account owner

WV ABLE

West Virginia

Only the beneficiary, or, if one has been named, the authorized legal representative may direct withdrawals from a STABLE Account.

Edvest 529

Wisconsin

Account owner, beneficiary, eligible educational institution, or other third party, as directed by account owner.

Account owner, beneficiary, eligible educational institution, or other third party, as directed by account owner

WY ABLE

Wyoming

Only the beneficiary, or, if one has been named, the authorized legal representative may direct withdrawals from a STABLE Account.