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- 529 Plan Ratings and Rankings
- Choosing a 529 Plan
- Resources
- How to Save for College
- Other Savings Options
- Tools and Calculators
- Ratings and Reviews
- Paying for College
- Tools and Calculators
- Financial Aid Calculator
- Loan Calculator
- Loan Comparison Calculator
- Student Loan Prepayment Calculator
- Loan Refinance Calculator
- Income-Based Repayment Calculator
- Income-Contingent Repayment Calculator
- Pay-As-You-Earn Repayment Calculator
- Revised Pay-As-You-Earn Calculator
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529 Plan Ratings
To view the ratings breakdown by category, click on the plan name. We assign a rating to each state-sponsored program ranging from one cap (least attractive) to five caps (most attractive). The 5-Cap Rating represents our opinion of the overall usefulness of a state's 529 plan based on many considerations.
The 5-Cap Rating is not a measure of historical returns and it is not a predictor of future investment performance, level of investment risk, or financial solvency of the program funds. For more information on the criteria used in assigning a 5-Cap Rating, click here.
Updated as of May 12, 2023 based on data as of December 31, 2022
Alabama
4.5 / 5
Resident Rating
4.5 / 5
Non-Resident Rating
4.5 / 5
Resident Rating
4 / 5
Non-Resident Rating
Alaska
5 / 5
Resident Rating
5 / 5
Non-Resident Rating
4.5 / 5
Resident Rating
4.5 / 5
Non-Resident Rating
4 / 5
Resident Rating
4 / 5
Non-Resident Rating
Arizona
4.5 / 5
Resident Rating
4 / 5
Non-Resident Rating
Arkansas
4.5 / 5
Resident Rating
4 / 5
Non-Resident Rating
4.5 / 5
Resident Rating
4 / 5
Non-Resident Rating
California
5 / 5
Resident Rating
5 / 5
Non-Resident Rating
Colorado
FDIC-Insured or Stable Value Plan
5 / 5
Resident Rating
4.5 / 5
Non-Resident Rating
5 / 5
Resident Rating
4 / 5
Non-Resident Rating
FDIC-Insured or Stable Value Plan
Connecticut
5 / 5
Resident Rating
4.5 / 5
Non-Resident Rating
4.5 / 5
Resident Rating
4 / 5
Non-Resident Rating
Delaware
4.5 / 5
Resident Rating
4 / 5
Non-Resident Rating
District of Columbia
4.5 / 5
Resident Rating
4.5 / 5
Non-Resident Rating
Florida
4.5 / 5
Resident Rating
4.5 / 5
Non-Resident Rating
Prepaid Plan
Georgia
5 / 5
Resident Rating
4.5 / 5
Non-Resident Rating
Hawaii
3.5 / 5
Resident Rating
3.5 / 5
Non-Resident Rating
Idaho
4 / 5
Resident Rating
4 / 5
Non-Resident Rating
Illinois
5 / 5
Resident Rating
4.5 / 5
Non-Resident Rating
4.5 / 5
Resident Rating
4 / 5
Non-Resident Rating
Indiana
4.5 / 5
Resident Rating
4 / 5
Non-Resident Rating
5 / 5
Resident Rating
4.5 / 5
Non-Resident Rating
FDIC-Insured or Stable Value Plan
Iowa
4.5 / 5
Resident Rating
4 / 5
Non-Resident Rating
4 / 5
Resident Rating
3.5 / 5
Non-Resident Rating
Kansas
5 / 5
Resident Rating
4.5 / 5
Non-Resident Rating
4 / 5
Resident Rating
4 / 5
Non-Resident Rating
4.5 / 5
Resident Rating
4.5 / 5
Non-Resident Rating
Kentucky
4.5 / 5
Resident Rating
4.5 / 5
Non-Resident Rating
Louisiana
5 / 5
Resident Rating
4.5 / 5
Non-Resident Rating
Maine
4.5 / 5
Resident Rating
4.5 / 5
Non-Resident Rating
4.5 / 5
Resident Rating
4 / 5
Non-Resident Rating
Maryland
5 / 5
Resident Rating
4.5 / 5
Non-Resident Rating
Massachusetts
4.5 / 5
Resident Rating
4 / 5
Non-Resident Rating
Prepaid Plan
Michigan
Prepaid Plan
5 / 5
Resident Rating
4.5 / 5
Non-Resident Rating
4.5 / 5
Resident Rating
4 / 5
Non-Resident Rating
Minnesota
4.5 / 5
Resident Rating
4.5 / 5
Non-Resident Rating
Mississippi
3.5 / 5
Resident Rating
3 / 5
Non-Resident Rating
Missouri
4.5 / 5
Resident Rating
4.5 / 5
Non-Resident Rating
Montana
4 / 5
Resident Rating
4 / 5
Non-Resident Rating
Nebraska
5 / 5
Resident Rating
4.5 / 5
Non-Resident Rating
5 / 5
Resident Rating
4.5 / 5
Non-Resident Rating
5 / 5
Resident Rating
4.5 / 5
Non-Resident Rating
5 / 5
Resident Rating
4.5 / 5
Non-Resident Rating
Nevada
4.5 / 5
Resident Rating
4.5 / 5
Non-Resident Rating
Prepaid Plan
4 / 5
Resident Rating
4 / 5
Non-Resident Rating
4 / 5
Resident Rating
4 / 5
Non-Resident Rating
New Hampshire
4 / 5
Resident Rating
4 / 5
Non-Resident Rating
4 / 5
Resident Rating
4 / 5
Non-Resident Rating
New Jersey
5 / 5
Resident Rating
4 / 5
Non-Resident Rating
5 / 5
Resident Rating
4 / 5
Non-Resident Rating
New Mexico
5 / 5
Resident Rating
5 / 5
Non-Resident Rating
5 / 5
Resident Rating
4.5 / 5
Non-Resident Rating
New York
5 / 5
Resident Rating
4.5 / 5
Non-Resident Rating
4 / 5
Resident Rating
3.5 / 5
Non-Resident Rating
North Carolina
4 / 5
Resident Rating
3.5 / 5
Non-Resident Rating
North Dakota
4.5 / 5
Resident Rating
4 / 5
Non-Resident Rating