General InformationDownload PDF Report
Maryland 529 -- Prepaid College Trust
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, 2017 through April 17, 2018. Year round for newborns.
- Inception1998
- State agencyMaryland 529
- Tax deductionTax deduction for single filers $2,500/yrTax deduction for joint filers $5,000/yr
Ratings & Rankings
Our overall rating for MD residents
This is an excellent program with many benefits for the participant and positive investment attributes. If it has any significant weaknesses then it also has some particularly good things to recommend it.
Our overall rating for non-residents
This program is not open to you either because it has residency requirements or because it has stopped accepting new enrollments.
Savingforcollege.com's 5-Cap Ratings provides an evaluation and comparison of 529 plans, utilizing a formula that examines dozens of factors grouped into the following categories.
Financial Benefits
4.00
Features
3.50
Safety
5.00
Reliability
5.00
Eligibility
State residency requirements:
The account holder or beneficiary must be a Maryland or District of Columbia resident at the time of program enrollment.Who can be a participant/owner in the program?
U.S. citizens and resident aliens, UGMA/UTMA custodians, and legal entities organized in the U.S.Significant time or age restrictions imposed by the program:
Beneficiaries must be in the 12th grade or younger at the time of program enrollment and must be enrolled for at least 3 years before they are eligible to receive tuition benefits. Benefits must start to be used within 10 years after the beneficiary's projected date of high school graduation, not including years spent in the U.S. military.Alternative 529 Plans
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.
Why we like this plan
- Strong long-term performance
- Low fees
- Matching Grants for qualifying accounts
Also known as an expense ratio, this is the annual fee that funds charge to their shareholders. This fee is based upon the plan’s moderate risk age-based portfolio.
In Savingforcollege.com's latest quarterly rankings, this plan ranked in the top 10 for 1-year, 3-year, 5-year and/or 10-year performance.
The historical performance over the last year of the plan’s moderate risk age-based portfolio.
The historical performance over the last three years of the plan’s moderate risk age-based portfolio.
The historical performance over the last five years of the plan’s moderate risk age-based portfolio.
The historical performance over the last ten years of the plan’s moderate risk age-based portfolio.
T. Rowe Price College Savings Plan, the nationally-branded version of Alaska's direct-sold 529 savings program mirrors the University of Alaska College Savings Plan but lacks the ACT Portfolio found in the UA program. The enrollment-based and static portfolios available in this program utilize T. Rowe Price mutual funds.
Why we like this plan
- Strong long-term performance
- Protection from creditors
Also known as an expense ratio, this is the annual fee that funds charge to their shareholders. This fee is based upon the plan’s moderate risk age-based portfolio.
In Savingforcollege.com's latest quarterly rankings, this plan ranked in the top 10 for 1-year, 3-year, 5-year and/or 10-year performance.
The historical performance over the last year of the plan’s moderate risk age-based portfolio.
The historical performance over the last three years of the plan’s moderate risk age-based portfolio.
The historical performance over the last five years of the plan’s moderate risk age-based portfolio.
The historical performance over the last ten years of the plan’s moderate risk age-based portfolio.
New York's direct-sold 529 college savings plan is available to residents of any state. It offers low fees and diverse investment options featuring Vanguard mutual funds. New York residents may enjoy a state tax deduction for contributions to the plan.
Why we like this plan
- Strong long-term performance
- Low fees
- Large tax deduction on contributions for residents
Also known as an expense ratio, this is the annual fee that funds charge to their shareholders. This fee is based upon the plan’s moderate risk age-based portfolio.
In Savingforcollege.com's latest quarterly rankings, this plan ranked in the top 10 for 1-year, 3-year, 5-year and/or 10-year performance.
The historical performance over the last year of the plan’s moderate risk age-based portfolio.
The historical performance over the last three years of the plan’s moderate risk age-based portfolio.
The historical performance over the last five years of the plan’s moderate risk age-based portfolio.
The historical performance over the last ten years of the plan’s moderate risk age-based portfolio.
Alternative 529 Plans
NextGen 529 -- Client Direct Series
Our Rating
Fee Rank
Performance
Rank
T. Rowe Price College Savings Plan
Our Rating
Fee Rank
Performance
Rank
New York's 529 College Savings Program -- Direct Plan
Our Rating
Fee Rank
Performance
Rank
Contributions
Minimum contributions:
UNLOCK PROAlternative 529 Plans
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.
Why we like this plan
- Strong long-term performance
- Low fees
- Matching Grants for qualifying accounts
Also known as an expense ratio, this is the annual fee that funds charge to their shareholders. This fee is based upon the plan’s moderate risk age-based portfolio.
In Savingforcollege.com's latest quarterly rankings, this plan ranked in the top 10 for 1-year, 3-year, 5-year and/or 10-year performance.
The historical performance over the last year of the plan’s moderate risk age-based portfolio.
The historical performance over the last three years of the plan’s moderate risk age-based portfolio.
The historical performance over the last five years of the plan’s moderate risk age-based portfolio.
The historical performance over the last ten years of the plan’s moderate risk age-based portfolio.
T. Rowe Price College Savings Plan, the nationally-branded version of Alaska's direct-sold 529 savings program mirrors the University of Alaska College Savings Plan but lacks the ACT Portfolio found in the UA program. The enrollment-based and static portfolios available in this program utilize T. Rowe Price mutual funds.
Why we like this plan
- Strong long-term performance
- Protection from creditors
Also known as an expense ratio, this is the annual fee that funds charge to their shareholders. This fee is based upon the plan’s moderate risk age-based portfolio.
In Savingforcollege.com's latest quarterly rankings, this plan ranked in the top 10 for 1-year, 3-year, 5-year and/or 10-year performance.
The historical performance over the last year of the plan’s moderate risk age-based portfolio.
The historical performance over the last three years of the plan’s moderate risk age-based portfolio.
The historical performance over the last five years of the plan’s moderate risk age-based portfolio.
The historical performance over the last ten years of the plan’s moderate risk age-based portfolio.
New York's direct-sold 529 college savings plan is available to residents of any state. It offers low fees and diverse investment options featuring Vanguard mutual funds. New York residents may enjoy a state tax deduction for contributions to the plan.
Why we like this plan
- Strong long-term performance
- Low fees
- Large tax deduction on contributions for residents
Also known as an expense ratio, this is the annual fee that funds charge to their shareholders. This fee is based upon the plan’s moderate risk age-based portfolio.
In Savingforcollege.com's latest quarterly rankings, this plan ranked in the top 10 for 1-year, 3-year, 5-year and/or 10-year performance.
The historical performance over the last year of the plan’s moderate risk age-based portfolio.
The historical performance over the last three years of the plan’s moderate risk age-based portfolio.
The historical performance over the last five years of the plan’s moderate risk age-based portfolio.
The historical performance over the last ten years of the plan’s moderate risk age-based portfolio.
Alternative 529 Plans
NextGen 529 -- Client Direct Series
Our Rating
Fee Rank
Performance
Rank
T. Rowe Price College Savings Plan
Our Rating
Fee Rank
Performance
Rank
New York's 529 College Savings Program -- Direct Plan
Our Rating
Fee Rank
Performance
Rank
Contractual Features
Contract prices:
Prices for contracts purchased during the 2017-18 enrollment period range from as little as $4,939 for a one-year community college contract for a newborn to as much as $48,289 for a four-year university contract for a child in the ninth through twelfth grades.Available tuition packages:
One semester to four years at a Maryland public 4-year university, one or two years at a Maryland community college or a community/university combination (2 years of each).Benefits for beneficiary attending private or out-of-state institution:
The plan will pay the actual tuition up to either the weighted average tuition in the Prepaid College Trust plan purchased or the minimum benefit, whichever is greater. If the beneficiary receives a scholarship, grant, or tuition remission, the plan will pay any remaining tuition up to the scheduled benefit.Contract payment options:
Lump sum, annual, monthly, and extended monthly installments with a downpayment option. The first payment for contracts purchased during the 2017-18 enrollment is due August 1, 2018.Are program benefits backed by the full faith and credit of the state?
NoAre program benefits collateralized or guaranteed in any other way?
Yes, the legislature is required to consider, but not necessarily approve, an appropriation to cover any shortfall, repayable within two years.Alternative 529 Plans
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.
Why we like this plan
- Strong long-term performance
- Low fees
- Matching Grants for qualifying accounts
Also known as an expense ratio, this is the annual fee that funds charge to their shareholders. This fee is based upon the plan’s moderate risk age-based portfolio.
In Savingforcollege.com's latest quarterly rankings, this plan ranked in the top 10 for 1-year, 3-year, 5-year and/or 10-year performance.
The historical performance over the last year of the plan’s moderate risk age-based portfolio.
The historical performance over the last three years of the plan’s moderate risk age-based portfolio.
The historical performance over the last five years of the plan’s moderate risk age-based portfolio.
The historical performance over the last ten years of the plan’s moderate risk age-based portfolio.
T. Rowe Price College Savings Plan, the nationally-branded version of Alaska's direct-sold 529 savings program mirrors the University of Alaska College Savings Plan but lacks the ACT Portfolio found in the UA program. The enrollment-based and static portfolios available in this program utilize T. Rowe Price mutual funds.
Why we like this plan
- Strong long-term performance
- Protection from creditors
Also known as an expense ratio, this is the annual fee that funds charge to their shareholders. This fee is based upon the plan’s moderate risk age-based portfolio.
In Savingforcollege.com's latest quarterly rankings, this plan ranked in the top 10 for 1-year, 3-year, 5-year and/or 10-year performance.
The historical performance over the last year of the plan’s moderate risk age-based portfolio.
The historical performance over the last three years of the plan’s moderate risk age-based portfolio.
The historical performance over the last five years of the plan’s moderate risk age-based portfolio.
The historical performance over the last ten years of the plan’s moderate risk age-based portfolio.
New York's direct-sold 529 college savings plan is available to residents of any state. It offers low fees and diverse investment options featuring Vanguard mutual funds. New York residents may enjoy a state tax deduction for contributions to the plan.
Why we like this plan
- Strong long-term performance
- Low fees
- Large tax deduction on contributions for residents
Also known as an expense ratio, this is the annual fee that funds charge to their shareholders. This fee is based upon the plan’s moderate risk age-based portfolio.
In Savingforcollege.com's latest quarterly rankings, this plan ranked in the top 10 for 1-year, 3-year, 5-year and/or 10-year performance.
The historical performance over the last year of the plan’s moderate risk age-based portfolio.
The historical performance over the last three years of the plan’s moderate risk age-based portfolio.
The historical performance over the last five years of the plan’s moderate risk age-based portfolio.
The historical performance over the last ten years of the plan’s moderate risk age-based portfolio.
Alternative 529 Plans
NextGen 529 -- Client Direct Series
Our Rating
Fee Rank
Performance
Rank
T. Rowe Price College Savings Plan
Our Rating
Fee Rank
Performance
Rank
New York's 529 College Savings Program -- Direct Plan
Our Rating
Fee Rank
Performance
Rank
Fees & Expenses
Enrollment or application fee:
$75 paper application or $50 with online application, reduced to $20 when purchasing additional years of tuition for the same beneficiary or enrolling a beneficiary with an account in the Maryland College Investment Plan.Alternative 529 Plans
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.
Why we like this plan
- Strong long-term performance
- Low fees
- Matching Grants for qualifying accounts
Also known as an expense ratio, this is the annual fee that funds charge to their shareholders. This fee is based upon the plan’s moderate risk age-based portfolio.
In Savingforcollege.com's latest quarterly rankings, this plan ranked in the top 10 for 1-year, 3-year, 5-year and/or 10-year performance.
The historical performance over the last year of the plan’s moderate risk age-based portfolio.
The historical performance over the last three years of the plan’s moderate risk age-based portfolio.
The historical performance over the last five years of the plan’s moderate risk age-based portfolio.
The historical performance over the last ten years of the plan’s moderate risk age-based portfolio.
T. Rowe Price College Savings Plan, the nationally-branded version of Alaska's direct-sold 529 savings program mirrors the University of Alaska College Savings Plan but lacks the ACT Portfolio found in the UA program. The enrollment-based and static portfolios available in this program utilize T. Rowe Price mutual funds.
Why we like this plan
- Strong long-term performance
- Protection from creditors
Also known as an expense ratio, this is the annual fee that funds charge to their shareholders. This fee is based upon the plan’s moderate risk age-based portfolio.
In Savingforcollege.com's latest quarterly rankings, this plan ranked in the top 10 for 1-year, 3-year, 5-year and/or 10-year performance.
The historical performance over the last year of the plan’s moderate risk age-based portfolio.
The historical performance over the last three years of the plan’s moderate risk age-based portfolio.
The historical performance over the last five years of the plan’s moderate risk age-based portfolio.
The historical performance over the last ten years of the plan’s moderate risk age-based portfolio.
New York's direct-sold 529 college savings plan is available to residents of any state. It offers low fees and diverse investment options featuring Vanguard mutual funds. New York residents may enjoy a state tax deduction for contributions to the plan.
Why we like this plan
- Strong long-term performance
- Low fees
- Large tax deduction on contributions for residents
Also known as an expense ratio, this is the annual fee that funds charge to their shareholders. This fee is based upon the plan’s moderate risk age-based portfolio.
In Savingforcollege.com's latest quarterly rankings, this plan ranked in the top 10 for 1-year, 3-year, 5-year and/or 10-year performance.
The historical performance over the last year of the plan’s moderate risk age-based portfolio.
The historical performance over the last three years of the plan’s moderate risk age-based portfolio.
The historical performance over the last five years of the plan’s moderate risk age-based portfolio.
The historical performance over the last ten years of the plan’s moderate risk age-based portfolio.
Alternative 529 Plans
NextGen 529 -- Client Direct Series
Our Rating
Fee Rank
Performance
Rank
T. Rowe Price College Savings Plan
Our Rating
Fee Rank
Performance
Rank
New York's 529 College Savings Program -- Direct Plan
Our Rating
Fee Rank
Performance
Rank
Taxes and other Benefits
- Tax deduction for single filers$2,500/yr
- Tax deduction for joint filers$5,000/yr
Example
Married filing jointly residents contributing $100/month can expect an additional $0 a year in tax savings.
Program match on contributions:
UNLOCK PROState tax deduction or credit for contributions:
Contributions to the Maryland 529 -- Prepaid College Trust of up to $2,500 per account per year are deductible in computing Maryland taxable income, with an unlimited carryforward of excess contributions. Account owners and contributors are eligible for the deduction. Rollover contributions are deductible if not previously deducted. Contribution deadline is December 31 postmark.State tax recapture provisions:
The principal portion of nonqualified withdrawals from this plan are included in Maryland taxable income to the extent of prior Maryland tax deductions. Rollovers are not subject to recapture.State tax treatment of qualified distributions:
Qualified distributions from Maryland and non-Maryland 529 plans are exempt.State tax treatment of rollovers:
Maryland follows federal tax-free treatment.Does the sponsoring state exclude the value of an account for state financial aid purposes?
NoDoes participation in the program provide beneficiaries with any advantages in qualifying for resident tuition status at state institutions?
NoDoes the program have a formal agreement with a rewards program or outside scholarship program?
Yes, the Upromise Rewards program can be linked to any 529 college savings plan. Upromise Rewards is free to join and offers members cash back for college.Statutory protection of an account from creditors:
UNLOCK PROWant to Boost your Savings?
You could be saving more with gifts from family and friends. CollegeBacker makes it easy to start a 529 plan, and then invite others to contribute for birthday parties, holidays, or even on a monthly basis.
Start saving with family and friendsAlternative 529 Plans
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.
Why we like this plan
- Strong long-term performance
- Low fees
- Matching Grants for qualifying accounts
Also known as an expense ratio, this is the annual fee that funds charge to their shareholders. This fee is based upon the plan’s moderate risk age-based portfolio.
In Savingforcollege.com's latest quarterly rankings, this plan ranked in the top 10 for 1-year, 3-year, 5-year and/or 10-year performance.
The historical performance over the last year of the plan’s moderate risk age-based portfolio.
The historical performance over the last three years of the plan’s moderate risk age-based portfolio.
The historical performance over the last five years of the plan’s moderate risk age-based portfolio.
The historical performance over the last ten years of the plan’s moderate risk age-based portfolio.
T. Rowe Price College Savings Plan, the nationally-branded version of Alaska's direct-sold 529 savings program mirrors the University of Alaska College Savings Plan but lacks the ACT Portfolio found in the UA program. The enrollment-based and static portfolios available in this program utilize T. Rowe Price mutual funds.
Why we like this plan
- Strong long-term performance
- Protection from creditors
Also known as an expense ratio, this is the annual fee that funds charge to their shareholders. This fee is based upon the plan’s moderate risk age-based portfolio.
In Savingforcollege.com's latest quarterly rankings, this plan ranked in the top 10 for 1-year, 3-year, 5-year and/or 10-year performance.
The historical performance over the last year of the plan’s moderate risk age-based portfolio.
The historical performance over the last three years of the plan’s moderate risk age-based portfolio.
The historical performance over the last five years of the plan’s moderate risk age-based portfolio.
The historical performance over the last ten years of the plan’s moderate risk age-based portfolio.
New York's direct-sold 529 college savings plan is available to residents of any state. It offers low fees and diverse investment options featuring Vanguard mutual funds. New York residents may enjoy a state tax deduction for contributions to the plan.
Why we like this plan
- Strong long-term performance
- Low fees
- Large tax deduction on contributions for residents
Also known as an expense ratio, this is the annual fee that funds charge to their shareholders. This fee is based upon the plan’s moderate risk age-based portfolio.
In Savingforcollege.com's latest quarterly rankings, this plan ranked in the top 10 for 1-year, 3-year, 5-year and/or 10-year performance.
The historical performance over the last year of the plan’s moderate risk age-based portfolio.
The historical performance over the last three years of the plan’s moderate risk age-based portfolio.
The historical performance over the last five years of the plan’s moderate risk age-based portfolio.
The historical performance over the last ten years of the plan’s moderate risk age-based portfolio.
Alternative 529 Plans
NextGen 529 -- Client Direct Series
Our Rating
Fee Rank
Performance
Rank
T. Rowe Price College Savings Plan
Our Rating
Fee Rank
Performance
Rank
New York's 529 College Savings Program -- Direct Plan
Our Rating
Fee Rank
Performance
Rank
Distributions & Terminations
To whom are distributions made payable:
Eligible educational institution or account owner, as directed by the account owner.Alternative 529 Plans
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.
Why we like this plan
- Strong long-term performance
- Low fees
- Matching Grants for qualifying accounts
Also known as an expense ratio, this is the annual fee that funds charge to their shareholders. This fee is based upon the plan’s moderate risk age-based portfolio.
In Savingforcollege.com's latest quarterly rankings, this plan ranked in the top 10 for 1-year, 3-year, 5-year and/or 10-year performance.
The historical performance over the last year of the plan’s moderate risk age-based portfolio.
The historical performance over the last three years of the plan’s moderate risk age-based portfolio.
The historical performance over the last five years of the plan’s moderate risk age-based portfolio.
The historical performance over the last ten years of the plan’s moderate risk age-based portfolio.
T. Rowe Price College Savings Plan, the nationally-branded version of Alaska's direct-sold 529 savings program mirrors the University of Alaska College Savings Plan but lacks the ACT Portfolio found in the UA program. The enrollment-based and static portfolios available in this program utilize T. Rowe Price mutual funds.
Why we like this plan
- Strong long-term performance
- Protection from creditors
Also known as an expense ratio, this is the annual fee that funds charge to their shareholders. This fee is based upon the plan’s moderate risk age-based portfolio.
In Savingforcollege.com's latest quarterly rankings, this plan ranked in the top 10 for 1-year, 3-year, 5-year and/or 10-year performance.
The historical performance over the last year of the plan’s moderate risk age-based portfolio.
The historical performance over the last three years of the plan’s moderate risk age-based portfolio.
The historical performance over the last five years of the plan’s moderate risk age-based portfolio.
The historical performance over the last ten years of the plan’s moderate risk age-based portfolio.
New York's direct-sold 529 college savings plan is available to residents of any state. It offers low fees and diverse investment options featuring Vanguard mutual funds. New York residents may enjoy a state tax deduction for contributions to the plan.
Why we like this plan
- Strong long-term performance
- Low fees
- Large tax deduction on contributions for residents
Also known as an expense ratio, this is the annual fee that funds charge to their shareholders. This fee is based upon the plan’s moderate risk age-based portfolio.
In Savingforcollege.com's latest quarterly rankings, this plan ranked in the top 10 for 1-year, 3-year, 5-year and/or 10-year performance.
The historical performance over the last year of the plan’s moderate risk age-based portfolio.
The historical performance over the last three years of the plan’s moderate risk age-based portfolio.
The historical performance over the last five years of the plan’s moderate risk age-based portfolio.
The historical performance over the last ten years of the plan’s moderate risk age-based portfolio.
Alternative 529 Plans
NextGen 529 -- Client Direct Series
Our Rating
Fee Rank
Performance
Rank
T. Rowe Price College Savings Plan
Our Rating
Fee Rank
Performance
Rank
New York's 529 College Savings Program -- Direct Plan
Our Rating
Fee Rank
Performance
Rank
Account Changes
Policy regarding participant/owner changes:
Accepts requests to transfer contract ownership ($10 fee).Alternative 529 Plans
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.
Why we like this plan
- Strong long-term performance
- Low fees
- Matching Grants for qualifying accounts
Also known as an expense ratio, this is the annual fee that funds charge to their shareholders. This fee is based upon the plan’s moderate risk age-based portfolio.
In Savingforcollege.com's latest quarterly rankings, this plan ranked in the top 10 for 1-year, 3-year, 5-year and/or 10-year performance.
The historical performance over the last year of the plan’s moderate risk age-based portfolio.
The historical performance over the last three years of the plan’s moderate risk age-based portfolio.
The historical performance over the last five years of the plan’s moderate risk age-based portfolio.
The historical performance over the last ten years of the plan’s moderate risk age-based portfolio.
T. Rowe Price College Savings Plan, the nationally-branded version of Alaska's direct-sold 529 savings program mirrors the University of Alaska College Savings Plan but lacks the ACT Portfolio found in the UA program. The enrollment-based and static portfolios available in this program utilize T. Rowe Price mutual funds.
Why we like this plan
- Strong long-term performance
- Protection from creditors
Also known as an expense ratio, this is the annual fee that funds charge to their shareholders. This fee is based upon the plan’s moderate risk age-based portfolio.
In Savingforcollege.com's latest quarterly rankings, this plan ranked in the top 10 for 1-year, 3-year, 5-year and/or 10-year performance.
The historical performance over the last year of the plan’s moderate risk age-based portfolio.
The historical performance over the last three years of the plan’s moderate risk age-based portfolio.
The historical performance over the last five years of the plan’s moderate risk age-based portfolio.
The historical performance over the last ten years of the plan’s moderate risk age-based portfolio.
New York's direct-sold 529 college savings plan is available to residents of any state. It offers low fees and diverse investment options featuring Vanguard mutual funds. New York residents may enjoy a state tax deduction for contributions to the plan.
Why we like this plan
- Strong long-term performance
- Low fees
- Large tax deduction on contributions for residents
Also known as an expense ratio, this is the annual fee that funds charge to their shareholders. This fee is based upon the plan’s moderate risk age-based portfolio.
In Savingforcollege.com's latest quarterly rankings, this plan ranked in the top 10 for 1-year, 3-year, 5-year and/or 10-year performance.
The historical performance over the last year of the plan’s moderate risk age-based portfolio.
The historical performance over the last three years of the plan’s moderate risk age-based portfolio.
The historical performance over the last five years of the plan’s moderate risk age-based portfolio.
The historical performance over the last ten years of the plan’s moderate risk age-based portfolio.
Alternative 529 Plans
NextGen 529 -- Client Direct Series
Our Rating
Fee Rank
Performance
Rank
T. Rowe Price College Savings Plan
Our Rating
Fee Rank
Performance
Rank
New York's 529 College Savings Program -- Direct Plan
Our Rating
Fee Rank
Performance
Rank
Contact
Website:
http://www.collegesavingsmd.org/college-savings-plans-of-maryland/maryland-prepaid-college-trustTelephone:
1-888-463-4723Alternative 529 Plans
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.
Why we like this plan
- Strong long-term performance
- Low fees
- Matching Grants for qualifying accounts
Also known as an expense ratio, this is the annual fee that funds charge to their shareholders. This fee is based upon the plan’s moderate risk age-based portfolio.
In Savingforcollege.com's latest quarterly rankings, this plan ranked in the top 10 for 1-year, 3-year, 5-year and/or 10-year performance.
The historical performance over the last year of the plan’s moderate risk age-based portfolio.
The historical performance over the last three years of the plan’s moderate risk age-based portfolio.
The historical performance over the last five years of the plan’s moderate risk age-based portfolio.
The historical performance over the last ten years of the plan’s moderate risk age-based portfolio.
T. Rowe Price College Savings Plan, the nationally-branded version of Alaska's direct-sold 529 savings program mirrors the University of Alaska College Savings Plan but lacks the ACT Portfolio found in the UA program. The enrollment-based and static portfolios available in this program utilize T. Rowe Price mutual funds.
Why we like this plan
- Strong long-term performance
- Protection from creditors
Also known as an expense ratio, this is the annual fee that funds charge to their shareholders. This fee is based upon the plan’s moderate risk age-based portfolio.
In Savingforcollege.com's latest quarterly rankings, this plan ranked in the top 10 for 1-year, 3-year, 5-year and/or 10-year performance.
The historical performance over the last year of the plan’s moderate risk age-based portfolio.
The historical performance over the last three years of the plan’s moderate risk age-based portfolio.
The historical performance over the last five years of the plan’s moderate risk age-based portfolio.
The historical performance over the last ten years of the plan’s moderate risk age-based portfolio.
New York's direct-sold 529 college savings plan is available to residents of any state. It offers low fees and diverse investment options featuring Vanguard mutual funds. New York residents may enjoy a state tax deduction for contributions to the plan.
Why we like this plan
- Strong long-term performance
- Low fees
- Large tax deduction on contributions for residents
Also known as an expense ratio, this is the annual fee that funds charge to their shareholders. This fee is based upon the plan’s moderate risk age-based portfolio.
In Savingforcollege.com's latest quarterly rankings, this plan ranked in the top 10 for 1-year, 3-year, 5-year and/or 10-year performance.
The historical performance over the last year of the plan’s moderate risk age-based portfolio.
The historical performance over the last three years of the plan’s moderate risk age-based portfolio.
The historical performance over the last five years of the plan’s moderate risk age-based portfolio.
The historical performance over the last ten years of the plan’s moderate risk age-based portfolio.
Alternative 529 Plans
NextGen 529 -- Client Direct Series
Our Rating
Fee Rank
Performance
Rank
T. Rowe Price College Savings Plan
Our Rating
Fee Rank
Performance
Rank
New York's 529 College Savings Program -- Direct Plan
Our Rating
Fee Rank
Performance
Rank