Compare 529 Plans by Features

Plan

Minimum contributions

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

No minimum.

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.

The initial and additional contribution minimum is $25.

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

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 portfolio per month.

AZ ABLE

Arizona

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

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.

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.

With lump-sum contributions, the minimum initial contribution is $250 per fund and subsequent investments do not have a limit. With the automatic investment plan, the initial opening account minimum is $150 per fund and the subsequent contribution level is $50 per month. No account minimum to establish an account via payroll deduction or salary deferral.

AR ABLE

Arkansas

The initial and additional contribution minimum is $25.

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.

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.

CalABLE

California

An initial contribution of $25 is required to open an account. The minimum amount for subsequent contributions is $25.

Any dollar amount

The initial and additional contribution minimum is $25.

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 $15.

ABLE CT

Connecticut

The initial and additional contribution minimum is $25.

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.

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.

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.

DEPENDABLE

Delaware

The initial and additional contribution minimum is $25.

DC ABLE

District of Columbia

The initial and additional contribution minimum is $25.

DC College Savings Plan

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.

$25, None

No minimum contribution.

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.

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

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

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

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.

The initial and additional contribution minimum is $25.

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.

The initial and additional contribution minimum is $25.

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

The initial and additional contribution minimum is $25.

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).

The initial and additional contribution minimum is $25.

No minimum

KY Saves 529

Kentucky

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

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

LA ABLE

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

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

None

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.

U.Plan

Massachusetts

$300 per maturity year.

$25 per investment portfolio.

MiABLE

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.

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

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.

The initial and additional contribution minimum is $25.

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

Mississippi ABLE

Mississippi

The initial and additional contribution minimum is $25.

$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.

MO ABLE

Missouri

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

$25 or $15 through payroll deduction.

The initial and additional contribution minimum is $25

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.

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.

The initial and additional contribution minimum is $25.

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.

$25 minimum initial contribution, currently being waived.

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.

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.

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.

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 or contribute to a 529 account. With the automatic investment plan , the minimum contribution level is $15 per month or $45 per quarter.

With lump-sum contributions, the minimum initial contribution is $250 per investment option, and the minimum subsequent contribution is $50. With the automatic investment plan, the minimum contribution level is $25 per month. Until total contributions to an account reach $1,200, a minimum of $300 per year must be contributed to keep an account open

NJ ABLE

New Jersey

The initial and additional contribution minimum is $25.

$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.

ABLE New Mexico

New Mexico

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

Scholar's Edge

New Mexico

No minimum.

The minimum initial contribution is $1,000 per account. The minimum subsequent contribution is $25 per account.

NY ABLE

New York

The initial and additional contribution minimum is $25.

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

NC 529 Plan

North Carolina

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

The NC ABLE Program

North Carolina

The initial and additional contribution minimum is $25.

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 $25.00 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.

$25 ($500 for the Fifth Third Bank CD option).

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

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

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.

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

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

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.

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.

PA ABLE

Pennsylvania

The initial and additional contribution minimum is $25.

$15 per transaction

$10 per transaction

RI's ABLE

Rhode Island

The initial and additional contribution minimum is $25.

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.

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

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 $250 and the minimum subsequent contribution level is $50 per month.

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.

ABLE TN

Tennessee

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

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.

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

Initial contribution of $50 and subsequent contribution minimum of $25.

$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.

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

my529

Utah

No minimum.

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

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

ABLEAmerica

Virginia

The minimum amount required by each of the American Funds selected.

ABLEnow

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.

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.

Invest529

Virginia

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

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

One Unit at the annual unit price ($122 through June 30, 2021). Partial units maybe be purchased after the initial unit purchase to open a GET account.

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

One semester unit.

SMART529 Select

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).

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).

WV ABLE

West Virginia

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

Edvest

Wisconsin

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

$250, or $25 per month with the automatic contribution plan.

WY ABLE

Wyoming

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