New Mexico 529 College Savings Plans

Ascensus College Savings manages New Mexico’s direct-sold and advisor-sold 529 college savings programs. Both 529 plans use funds from several fund families. New Mexico’s prepaid tuition plan was terminated in 2004.

Click on the following links to see additional information about the New Mexico 529 plans.

New Mexico 529 Tax Benefit

Consumer Plans

The Education Plan's College Savings Program

The Education Plan College Savings Program is managed by Ascensus College Savings and features enrollment-based, index and actively managed static portfolios, and individual fund options from a variety of fund families.

  • Resident Rating
  • Non-Resident Rating

Advisor Sold Plans

Scholar's Edge

New Mexico's Scholar's Edge, an advisor-sold 529 savings program, managed by Ascensus College Savings, features enrollment-based, static, and individual fund portfolio options utilizing funds from Principal, BlackRock, Vanguard, JPMorgan, and New York Life....

  • Resident Rating
  • Non-Resident Rating

ABLE plans

ABLE New Mexico

The State of New Mexico has partnered with the State of Ohio to create ABLE New Mexico, a program that offers the STABLE Account Plan to eligible New Mexico residents. The STABLE Account Plan is established pursuant to Ohio law (Ohio Revised Code §113.50-§113.56) in accordance with Section 529A, and is structured and operated by the Ohio Treasurer's Office and its Service Providers....

State news