The Maryland 529 -- Prepaid College Trust offers a variety of tuition packages to Maryland and District of Columbia families.
- Program typePrepaid contract
- Enrollment periodDecember 1, 2020 through June 30, 2021. Year round for newborns and current Maryland 529 account holders.
- State agencyMaryland 529
- Tax deduction
- Program ManagerCollege Savings Plans of Maryland Board
Investors in Maryland 529 -- Maryland Senator Edward J. Kasemeyer Prepaid College Trust 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.