Alabama 529 College Savings Plans

Alabama offers two 529 plans, the CollegeCounts 529 Fund and the CollegeCounts 529 Fund Advisor Plan. Each Alabama 529 plan is managed by Union Bank & Trust Company, which replaced prior manager Van Kampen during 2010. Both programs feature a menu of investment options utilizing funds from well-known fund companies. Alabama’s prepaid program (PACT) was closed to new enrollments in 2010.

Click on the links below to see specific details for each Alabama 529 plan.

Alabama 529 Tax Benefit
  • Tax deduction for single filers$5,000/yr
  • Tax deduction for joint filers$10,000/yr

Consumer Plans

CollegeCounts 529 Fund

The manager for the Alabama CollegeCounts 529 Fund direct-sold savings program changed from Van Kampen to Union Bank and Trust Company in August 2010. It features age-based, static and individual fund portfolio options using mutual funds from multiple fund firms....

  • Resident Rating
  • Non-Resident Rating

Prepaid Affordable College Tuition (PACT) Program

Alabama's Prepaid Affordable College Tuition (PACT) Program has been closed to new enrollment since 2008. The program has offered a four-year package and one-year package covering tuition and fees at any Alabama public college or university, convertible to private and non-Alabama institutions based on a formula. Alabama also offers the CollegeCounts direct-sold and advisor-sold 529 savings plans....

  • Resident Rating
  • Non-Resident Rating

Advisor Sold Plans

CollegeCounts 529 Fund Advisor Plan

The manager for Alabama CollegeCounts 529 Fund Advisor Plan changed from Van Kampen to Union Bank and Trust Company in August 2010. It features age-based, static and individual fund portfolio options using mutual funds from multiple fund firms....

  • Resident Rating
  • Non-Resident Rating

ABLE plans

Enable Savings Plan Alabama

Enable Alabama is issued by The Nebraska Achieving a Better Life Experience Program Trust and administered by the Nebraska State Treasurer, who serves as trustee to the plan. The plan offers a series of investment options within the Nebraska Achieving a Better Life Experience Program Trust....

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