Maine 529 College Savings Plans

The NextGen 529 is managed by Merrill Lynch for the state of Maine. The direct sold version of the 529 plan, the Client Direct Series, is available through Merrill Edge and currently offers 11 investment options through BlackRock (including iShares). The advisor-sold plan, the Client Select Series, currently offers 37 investment options through multiple fund families.

Details on each Maine 529 plan can be found by selecting the links below.

Maine 529 Tax Benefit
  • Tax deduction for single filersNone
  • Tax deduction for joint filersNone

Consumer Plans

NextGen 529 -- Client Direct Series

The Maine NextGen 529 -- Client Direct Series is available through Merrill Edge. The plan utilizes BlackRock (including iShares) funds in its age-based and static options. In addition, the Principal Plus Portfolio and the NextGen Savings Portfolio are available....

  • Resident Rating
  • Non-Resident Rating

Advisor Sold Plans

NextGen 529 -- Client Select Series

The Maine NextGen 529 -- Client Select Series advisor-sold 529 plan consists of age-based, static multi-fund, and individual-fund options from a number of money managers: American Century, BlackRock, Franklin Templeton, iShares, Lord Abbett, MainStay, MFS and Neuberger Berman. In addition, the Principal Plus Portfolio and NextGen Savings Portfolio are offered. For complete details, see a Merrill Lynch Financial Advisor or, for Maine residents, a participating Maine Distribution Agent....

  • Resident Rating
  • Non-Resident Rating