Florida 529 College Savings Plans
The Sunshine State offers both a 529 prepaid program and a 529 savings plan. The Florida Prepaid College Plan has a Florida residency requirement and is the largest prepaid plan in the nation. It is unique among contract-type prepaid programs in offering a dormitory option in addition to its various tuition and fees packages. The Florida 529 Savings Plan is a board-managed 529 college savings program available to residents of any state that hires outside investment managers to separately manage the program’s portfolios.
See more about each Florida 529 plan by following the links below.
- Tax deduction for single filersNone
- Tax deduction for joint filersNone
Florida 529 Savings Plan - Instead of utilizing mutual funds, the Florida Prepaid College Board hires various money management firms to manage the separate investment pools, which are available as either static portfolios or as part of an age-based strategy....
The largest and one of the oldest prepaid tuition plans in the country, Florida Prepaid College Plan is helping over one million Florida families save and lock in the future cost of attending Florida's public institutions.
ABLE Accounts encourage individuals with a disability and their families to save private funds to support health, independence, and quality of life. In July 2015, the State of Florida created Florida ABLE, Inc. (d/b/a ABLE United) a registered not-for-profit and direct support organization of the Florida Prepaid College Board to administer the ABLE United Program....