Alaska 529 (previously known as University of Alaska College Savings Plan) is a direct-sold 529 savings plan. The plan features both enrollment-based and static portfolios, along with an additional portfolio called the University of Alaska Portfolio providing special benefits to future University of Alaska students along with a very low expense ratio. Alaska residency is not required to participate in this T. Rowe Price-managed program.
- Program typeSavings
- State agencyEducation Trust of Alaska
- Tax deduction
- Program ManagerT. Rowe Price Associates, Inc.
- Program distributorT. Rowe Price Investment Services, Inc.
Investors in Alaska 529 can select from the following investment options. Click on a portfolio name for more information.
Sometimes referred to as the enrollment-based option, this is an investment approach where your asset allocation is programmed to change over time. Accounts for young beneficiaries are invested aggressively and accounts for beneficiaries with college right around the corner are invested much more conservatively. In some 529 plans, the age-based option operates by automatically transferring your investment from one static portfolio to another at certain points in time. Others utilize lifecycle funds or employ lifecycle-type tactics within the portfolio containing your investment so that it is not necessary to transfer your investment between portfolios.
|Portfolio||E.R.||% Equity||1YR Performance||Rank|
|Portfolio 2024||0.45%||31.5%||1.45%||20 of 46|
|Portfolio for Education Today||0.35%||20%||0.88%||85 of 122|
|Portfolio 2027||0.56%||48.5%||1.78%||69 of 92|
|Portfolio 2030||0.6%||64.5%||2.9%||13 of 35|
|Portfolio 2033||0.61%||80%||3.71%||16 of 55|
|Portfolio 2036||0.63%||95%||4.6%||21 of 55|