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# Compare 529 Plans by Features

Plan

Minimum contributions

Alabama

The minimum initial contribution amount is $25 per ABLE Account. The minimum subsequent contribution amount is $5 per ABLE Account.

Alaska

With lump-sum contributions, the minimum initial contribution is $25, and the minimum subsequent contribution is $25. With the automatic investment plan, the minimum contribution level is $25 per portfolio per month.

Alaska

With lump-sum contributions, the minimum initial contribution is $250, and the minimum subsequent contribution is $50. With the automatic investment plan, the minimum contribution level is $50 per month.

Due to our Ascensus transition there is no longer a minimum contribution for any contributions.

Arizona

The minimum initial contribution amount is $25.00 per STABLE Account. The minimum subsequent contribution amount is $1.00 per STABLE Account.

There is no minimum to open an account. With the automatic investment plan, the minimum contribution level is $15 per month or $45 per quarter.

Fixed Rate CDs:

With lump-sum contributions, the minimum initial contribution is $250. With the automatic investment plan, the minimum contribution level is $25 per month via electronic funds transfer, or $25 per pay period via payroll deduction. Deposits under $250 are held in an interest bearing savings account, and each time the balance reaches $250, a CD purchase is made.

Honors Savings Account:

The minimum initial deposit is $250. With the automatic investment plan, the minimum contribution level is $25 per month via electronic funds transfer, or $25 per pay period via payroll deduction.

Arizona

The minimum initial contribution to an account is $250 per account, and subsequent contributions have a $25 minimum.

With lump-sum contributions, the minimum initial contribution is $25, and the minimum subsequent contribution is $10. With the automatic investment plan, the minimum contribution level is $10 per month or $30 per quarter via bank transfer or $5 per pay period via payroll deduction.

Arkansas

With lump-sum contributions, the minimum initial contribution is $500, and the minimum subsequent contribution is $50. With the automatic investment plan, the minimum contribution level is $50 per month or $150 per quarter via bank transfer or $25 per pay period via payroll deduction. The minimum contribution drops to $25 for gift contributions made through the Plan's Ugift feature.

California

The minimum initial contribution amount is $25, and the minimum subsequent contribution amount is $1.

The minimum initial contribution is $25, and the minimum subsequent contribution is $15.

The minimum initial contribution is $25, and the minimum subsequent contribution is $25. There is no minimum for accounts using payroll direct deposit.

The minimum initial contribution is $25, and the minimum subsequent contribution is $25.

CHET Advisor 529 College Savings Program

Connecticut

There is no minimum to open an account. With the automatic investment plan, the minimum contribution level is $50 per month or $150 per quarter.

Connecticut Higher Education Trust (CHET)

Connecticut

There is no minimum to open an account. With the automatic investment plan, the minimum contribution level is $15 per month or $45 per quarter.

Delaware

There is no minimum to open an account. With the automatic investment plan, the minimum contribution level is $15 per month or $45 per quarter.

District of Columbia

With lump-sum contributions, the minimum initial contribution is $25, and the minimum subsequent contribution is $25. With the automatic investment plan, the minimum contribution level is $15 per pay period via payroll deduction.

Florida

In the 2020-2021 enrollment, $8,495.74 for a two-year community college contract purchased in a lump sum for a newborn; installment option available as low as $53.70/month.

Georgia

The minimum initial contribution is $25.00 and the minimum subsequent contribution is $1.00.

Georgia

$25 (any dollar amount is accepted for contributions made via payroll direct deposit).

Hawaii

The minimum initial contribution amount is $25 per ABLE account. The minimum subsequent contribution amount is $10 per ABLE account.

In the 2016-2017 enrollment period, $2,022 for a 1-semester community college contract purchased in a lump sum for a newborn, installment option available as low as $43/month.

Fixed Rate CDs:
With lump-sum contributions, the minimum initial contribution is $250. With the automatic investment plan, the minimum contribution level is $25 per month via electronic funds transfer, or $25 per pay period via payroll deduction. Deposits under $250 are held in an interest bearing savings account, and each time the balance reaches $250, a CD purchase is made.

Honors Savings Account:
The minimum initial deposit is $250. With the automatic investment plan, the minimum contribution level is $25 per month via electronic funds transfer, or $25 per pay period via payroll deduction.

With lump-sum contributions, the minimum initial contribution is $250 per investment option ($50 per month per option with the automatic investment plan, $25 per pay period per option with payroll direct deposit). The minimum subsequent contribution is $50 per investment option ($50 per month per option with the automatic investment plan, $25 per pay period per option with payroll direct deposit).

Kentucky

As of May 1, 2022 KY Saves will no longer require a minimum contribution amount for contributions received by check, recurring contributions, payroll direct deposit, or EFT.

Kentucky

The minimum initial contribution amount is $25.00 per STABLE Account. The minimum subsequent contribution amount is $1.00 per STABLE Account.

Louisiana

An initial deposit is not required to open an ABLE Account; however, a deposit of $10 must be made within 180 days from the date on the letter of notification of approval of the account.

With lump-sum contributions, the minimum initial contribution is $25; may be waived for Maine residents eligible for certain grants, and there is no minimum subsequent contribution. With the automatic investment plan, there is no initial contribution amount required or no minimum subsequent contribution required.

The minimum initial contribution is $25, which may be waived for Maine residents eligible for certain Maine grants. With the automatic investment plan, there is no initial contribution amount required and no minimum amount for subsequent contributions.

The minimum contribution requirement is $25 per portfolio. The minimum for subsequent contributions, automatic monthly contributions and/or payroll deductions is $25 per portfolio.

In the 2020-2021 enrollment, $5,099 for a one-year community college contract purchased in a lump sum for a newborn; installment option available as low as $44/month

Maryland

The minimum initial contribution amount to open an account is $25. The minimum subsequent contribution amount is $10.

Massachusetts

Michigan

$25 per account unless the account owner signs up for the automatic investment plan (AIP) or payroll deduction of at least $15 per payroll. The minimum subsequent contribution amount is $25, but is waived if the account owner is signed up for AIP or payroll deduction.

Michigan

In the December 2020 - September 2021 enrollment, $1,875 for a one-semester Community College contract purchased in a lump sum for a newborn. Installment plan payments available for as low as $16 per month.

Minnesota College Savings Plan

Minnesota

$25 per investment option, or $15 per investment option via payroll deduction.

$25, or $15 per pay period via payroll deduction.

In the 2021 enrollment, $1,887 for a one-year junior/community college contract (15 semester hours) purchased in a lump sum for a newborn; installment option available as low as $16/month.

Missouri

The minimum initial contribution amount is $25.00 per STABLE Account. The minimum subsequent contribution amount is $1.00 per STABLE Account.

Nebraska

The minimum initial contribution amount is $50 per account unless the account owner signs up for AIP or payroll deduction of at least $25 per month. The minimum subsequent contribution amount is $25, but is waived if the account owner is signed up for AIP or payroll deduction.

Nebraska

With lump-sum contributions, the minimum initial contribution is $250 per account, and the minimum subsequent contribution is $50 per portfolio. With the automatic investment plan, the minimum contribution level is $50 per portfolio.

Nevada

With lump-sum contributions, the minimum initial contribution is $15, and the minimum subsequent contribution is $15 per month or $45 per quarter. With the automatic investment plan, the minimum contribution level is $15 per month or $45 per quarter via bank transfer or $15 per paycheck via payroll deduction.

In the 2020-2021 enrollment, $4,807 for a two-year community college contract purchased in a lump sum for a newborn, installment option available as low as $39/month.

The minimum initial contribution is $3,000 or $50 through an employer automatic investment plan. The minimum initial contribution for Nevada residents is $1,000 or $50 through employer automatic investment. The minimum subsequent contribution is $50.

The initial contribution is $50 with the establishment of an automatic investment plan of at least $50 per month or $150 per quarter ($15 for contributions through Ugift), or $250 lump-sum contribution.

$500 minimum initial contribution. Subsequent contributions must be at least $100.

New Hampshire

There is no minimum to open an account. With the automatic investment plan, the minimum contribution level is $50 per month or $150 per quarter.

New Hampshire

New Hampshire

The initial minimum contribution amount is $25.00. The minimum contribution amount using the paper Additional Contributions Form is $1.00

New Hampshire

There is no minimum to open or contribute to a 529 account. With the automatic investment plan , the minimum contribution level is $15 per month or $45 per quarter.

$250, or $25 if you choose automatic monthly investing. A Financial Intermediary may impose other minimum initial or ongoing contribution requirements.

NJBEST 529 College Savings Plan

New Jersey

$25 per investment option. Until total contributions to an account reach $1,200, a minimum of $300 per year must be contributed to keep an account open.

New Mexico

The minimum initial contribution amount is $25.00 per Account. The minimum subsequent contribution amount is $1.00 per Account.

The minimum initial contribution is $1,000 per account. The minimum subsequent contribution is $25 per account. A minimum initial investment of $25 per month or $75 per quarter is required for a recurring contribution, or $25 per month by payroll direct deposit per account.

Morgan Stanley National Advisory 529 Plan

North Carolina

The minimum initial contribution is $1,000; no minimum for subsequent contributions.

North Carolina

The minimum initial contribution is $25 and the minimum subsequent contribution is $25.

North Dakota

The minimum initial contribution is $25.00 and the minimum subsequent contribution is $25.00 ($12.50 for payroll direct deposit.)

North Dakota

The minimum initial contribution is $25.00 and the minimum subsequent contribution is $25.00 ($12.50 for payroll direct deposit.)

The minimum initial contribution is $25 per investment option and the minimum subsequent contribution is $25.

Ohio

Oklahoma

The minimum initial and subsequent contribution is $25. There is no minimum for contributions via payroll deduction direct deposit.

Oklahoma

None, The minimum investment for systematic investing is $50/month or $150/quarter for account owners who choose to contribute using a systematic investment plan with automatic transfers from bank or money market account.

Oklahoma

Oregon

The minimum initial contribution amount is $25 per ABLE account. The minimum subsequent contribution amount is $10 per ABLE account.

Oregon

With lump-sum contributions, the minimum initial contribution is $250. There is no minimum for subsequent contributions or for contributions into the automatic contribution plan.

Oregon

The minimum initial contribution amount is $25 per ABLE account. The minimum subsequent contribution amount is $10 per ABLE account.

The minimum initial and subsequent contribution is $25 per investment portfolio. Subsequent contributions must be at least $5 per investment portfolio. With the automatic investment plan, the minimum contribution level is $5 per month. With automatic payroll deductions, the minimum contribution level is $5 per investment portfolio per pay period.

$25, but contributions must reach $500 within two years of opening an account. An installment payment plan provides for payments of as little as $25 per month over a two-year period.

Pennsylvania 529 Guaranteed Savings Plan

Pennsylvania

No initial deposit required. Subsequent deposits can be a little as $1.

Pennsylvania 529 Investment Plan

Pennsylvania

No initial deposit required. Subsequent deposits can be a little as $1.

Future Scholar 529 College Savings Plan (Advisor-sold)

South Carolina

With lump-sum contributions, the minimum initial contribution is $100, and the minimum subsequent contribution is $25. With the automatic investment plan, there are no minimum payments.

South Carolina

CollegeAccess 529 (Advisor-sold)

South Dakota

With lump-sum contributions, the minimum initial contribution is $1,000 ($250 per investment option), and the minimum subsequent contribution is $50 per investment option. With the automatic investment plan, the minimum initial contribution is $50 and the minimum subsequent contribution level is $50 per month.

CollegeAccess 529 (Direct-sold)

South Dakota

With lump-sum contributions, the minimum initial contribution is $250 per investment option, and the minimum subsequent contribution is $50 per investment option. With the automatic investment plan, the minimum contribution level is $50 per investment option per month.

Tennessee

There is minimum $25 initial contribution per investment option required to open account.

TNStars College Savings 529 Program

Tennessee

The minimum initial or subsequent contribution to an account for each investment option is $25. Once an initial contribution is made to the account, there are no required subsequent contributions. There is a minimum $25 contribution to establish the account, regardless of the number of investment options selected.

$25 per portfolio, or $15 per portfolio with the automatic contribution plan.

One unit initially; subsequent purchases must be at least $15. Extended payment plans are available.

Utah

Vermont

Virginia

There is no minimum initial contribution amount or minimum subsequent contribution amount, however the first $2,000 will be held in the deposit account and only additional funds may be allocated to other investment options.

Virginia

The minimum initial contribution is $250 per fund ($1,000 for U.S. Government Money Market Fund), and the minimum subsequent contribution is $50 per fund. For an employer-sponsored program, the minimum contributions are $25 per fund.

Virginia

The minimum initial contribution is $10. No minimum ongoing contributions are required.

DreamAhead College Investment Plan

Washington

Initial contribution of $25 per portfolio; $5 per portfolio thereafter

Guaranteed Education Tuition (GET)

Washington

Minimum initial contribution of $25 per account and no minimum for subsequent contributions. The minimum contribution amount for payroll direct deposit is $5 per

Washington State ABLE Savings Plan

Washington

West Virginia

With lump-sum contributions, the minimum initial contribution is $250 per fund ($50 per fund for West Virginia residents), and the minimum subsequent contribution is $25 per fund (no minimum for West Virginia residents). With the automatic investment plan, the minimum contribution level is $25 per month per fund ($15 per month per fund for West Virginia residents).

West Virginia

With lump-sum contributions, the minimum initial contribution is $250 ($50 for West Virginia residents), and the minimum subsequent contribution is $25 (no minimum for West Virginia residents). With the automatic investment plan, the minimum contribution level is $25 per month ($15 per month for West Virginia residents).

West Virginia

The minimum initial contribution amount is $25.00 per Account. The minimum subsequent contribution amount is $1.00 per Account.

Wisconsin

The minimum initial and subsequent contribution to an account is $25. There is no minimum if you contribute by payroll direct deposit.

Wyoming

The minimum initial contribution amount is $25.00 per Account. The minimum subsequent contribution amount is $1.00 per Account.