Maine 529 College Savings Plans

The NextGen 529 is managed by Vestwell State Savings, LLC for the state of Maine. BlackRock Investments is the program distributor for both the direct sold and advisor-sold version of 529 plan. The Client Direct Series, offers investment options through BlackRock (including iShares). The advisor-sold plan, the Client Select Series, currently offers investment options through multiple fund families. Each plan features age-based portfolios.

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

Maine 529 Tax Benefit

Direct Sold Plans

The Maine NextGen 529 -- Client Direct Series is managed by Vestwell State Savings, LLC and distributed by BlackRock Investments, LLC. The plan utilizes BlackRock (including iShares ETFs) funds in its Year of Enrollment options and static options. In addition, the Principal Plus Portfolio and the NextGen Savings Portfolio are available....

Our Rating

3.5 / 5

Resident Benefits

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Advisor Sold Plans

The Maine NextGen 529 -- Client Select Series advisor-sold 529 is managed by Vestwell State Savings Administration, LLC and distributed by BlackRock Investments, LLC.. The plan consists of Year of enrollment, static multi-fund, and individual-fund options from a number of money managers: American Century, BlackRock, Franklin Templeton, Lord Abbett, MainStay, MFS and Neuberger Berman. In addition, the Principal Plus Portfolio and NextGen Savings Portfolio are offered....

Our Rating

4 / 5

Resident Benefits

This is an Honors Plan

ABLE plans

The ABLE ME Program is established and maintained by the Maine State Treasurer and administered by Bangor Savings Bank. The ABLE ME Program is intended to operate as a qualified ABLE program, pursuant to Internal Revenue Code Section 529A, that was adopted as part of The Stephen Beck, Jr., Achieving a Better Life Experience Act of 2014, as amended....