529 PLANS
Minimum contributions
Plan | Minimum contributions: |
CollegeCounts 529 Fund Alabama |
No minimum. |
CollegeCounts 529 Fund Advisor Plan Alabama |
No minimum. |
Enable Savings Plan Alabama Alabama |
The minimum initial contribution amount is $50 per account, waived with automatic investment plan or payroll deduction. The minimum subsequent contribution amount is $25, is waived if for automatic investment plan or payroll deduction. |
Alaska ABLE Plan Alaska |
The initial and additional contribution minimum is $25. |
John Hancock Freedom 529 Alaska |
With lump-sum contributions, the minimum initial contribution is $1,000 per portfolio, and the minimum subsequent contribution is $50 per portfolio. With the automatic investment plan, the minimum contribution level is $50 per month. |
T. Rowe Price College Savings Plan 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 portfolio per month. |
University of Alaska College Savings Plan Alaska |
With lump-sum contributions, the minimum initial contribution is $250, and the minimum subsequent contribution is $25. With the automatic investment plan, the minimum contribution level is $25 per portfolio per month. |
Arizona Family College Savings Program Arizona |
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. |
AZ ABLE Arizona |
The minimum initial contribution amount is $50.00 per STABLE Account. The minimum subsequent contribution amount is $1.00 per STABLE Account. |
Fidelity Arizona College Savings Plan Arizona |
With lump-sum contributions, the minimum initial contribution is $50, and the minimum subsequent contribution is $25. With the automatic investment plan, the minimum contribution level is $15 per month or $45 per quarter. |
Ivy InvestEd 529 Plan Arizona |
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. |
GIFT College Investing Plan Arkansas |
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. |
iShares 529 Plan 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. |
ScholarShare 529 California |
With lump-sum contributions and non-payroll automatic contributions, the minimum initial contribution is $25 per investment portfolio. The minimum subsequent contribution of $25 per investment portfolio has been waived. With the payroll deduction plan, the minimum contribution level per portfolio is $15 per payroll period. |
Colorado ABLE Colorado |
The initial and additional contribution minimum is $25. |
Direct Portfolio College Savings Plan Colorado |
The minimum initial contribution is $25, and the minimum subsequent contribution is $15. |
Scholars Choice College Savings Program Colorado |
The minimum initial contribution is $250, and the minimum subsequent contribution is $50. The minimum is waived for employer-sponsored arrangements. The $250 minimum initial contribution is also waived with the establishment of periodic automatic funds transfer of $50 or greater. |
Smart Choice College Savings Plan Colorado |
No minimum. |
Stable Value Plus College Savings Program Colorado |
The minimum initial contribution is $25, and the minimum subsequent contribution is $15. |
Connecticut Higher Education Trust (CHET) Connecticut |
$25, or $15 per pay period via payroll deduction. |
Connecticut Higher Education Trust (CHET) -- Advisor Plan Connecticut |
The minimum initial contribution for payments via check is $50, with additional investments of at least $25 per Account; For initial contributions made via electronic transfers or Payroll Direct Deposit or through the Automatic Investment Program, the minimum initial and subsequent contributions are $25 per Account. |
Delaware College Investment Plan Delaware |
With lump-sum contributions, the minimum initial contribution is $50, and the minimum subsequent contribution is $25. With the automatic investment plan, the minimum contribution level is $15 per month or $45 per quarter. |
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. |
ABLE United Florida |
None |
Florida 529 Savings Plan Florida |
No minimum contribution. With the automatic investment plan, the minimum contribution level is $25 per month. |
Georgia STABLE Georgia |
The minimum initial contribution is $50.00 and the minimum subsequent contribution is $1.00. |
Path2College 529 Plan Georgia |
$25, or $15 per pay period via payroll deduction. |
Hawaii's College Savings Program Hawaii |
$15 |
Idaho College Savings Program (IDeal) Idaho |
$25, or $15 per pay period via payroll deduction. |
Bright Directions Advisor-Guided 529 College Savings Program Illinois |
No minimum. |
Bright Start Direct-Sold College Savings Program Illinois |
No minimum. |
Illinois ABLE Illinois |
The initial and additional contribution minimum is $25. |
CollegeChoice 529 Direct Savings Plan Indiana |
$10 |
CollegeChoice Advisor 529 Savings Plan Indiana |
$25 |
CollegeChoice CD 529 Savings Plan Indiana |
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. |
INvestABLE Indiana Indiana |
The initial and additional contribution minimum is $25. |
College Savings Iowa Iowa |
$25, or $15 per pay period via payroll deduction. |
IAble Plan Iowa |
The initial and additional contribution minimum is $25. |
IAdvisor 529 Plan Iowa |
With lump-sum contributions, the minimum initial and subsequent 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). |
Kansas ABLE Savings Plan Kansas |
The initial and additional contribution minimum is $25. |
Learning Quest 529 Education Savings Program (Direct-sold) Kansas |
An account may be opened with a lump-sum contribution or monthly automatic investment minimum of $25. |
Learning Quest Advisor Kansas |
With lump-sum contributions, the minimum initial contribution is $25. With the automatic investment plan, the minimum contribution level is $25 per month. |
Schwab 529 College Savings Plan Kansas |
With lump-sum contributions, the minimum initial contribution is $25. With the automatic investment plan, the minimum contribution level is $25 per month. |
Kentucky Education Savings Plan Trust Kentucky |
$25, or $15 per pay period via payroll deduction. |
STABLE Kentucky Kentucky |
The minimum initial contribution amount is $50.00 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. |
START Saving Program Louisiana |
$10 |
NextGen College Investing Plan -- Client Direct Series Maine |
With lump-sum contributions, the minimum initial contribution is $25; may be waived for Maine residents eligible for certain grants and the minimum subsequent contribution is $25. With the automatic investment plan, there is no initial contribution required but subsequent automated contributions must be at least $25 per month. All contributions must allocate a minimum of $25 per portfolio. |
NextGen College Investing Plan -- Client Select Series Maine |
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 but subsequent automated contributions must be at least $25 per month. |
Maryland 529 -- College Investment Plan Maryland |
The minimum contribution requirements are a lump sum of $250 or, signing up for automatic monthly contributions of at least $25. The minimum for subsequent contributions is $25. . |
Maryland ABLE Maryland |
The minimum initial contribution amount to open an account is $25. The minimum subsequent contribution amount is $10. |
Attainable Savings Plan Massachusetts |
The minimum to open an Attainable Plan Account is $50 with an initial lump sum investment, or $15 if you establish a systematic contribution plan. |
U.Fund College Investing Plan Massachusetts |
With lump-sum contributions, the minimum initial contribution is $50, and the minimum subsequent contribution is $25. With the automatic investment plan, the minimum contribution level is $15 per month or $45 per quarter. |
MI 529 Advisor Plan Michigan |
$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. |
Michigan Education Savings Program Michigan |
$25, or $15 per pay period via payroll deduction. |
Michigan Education Trust Michigan |
In the December 2017 - April 2018 enrollment, $1,644 for a one-semester Community College contract purchased in a lump sum for a newborn, installment available for as low as $14 per month. |
Minnesota ABLE Plan Minnesota |
The initial and additional contribution minimum is $25. |
Minnesota College Savings Plan Minnesota |
$25 per investment option, or $15 per investment option via payroll deduction. |
Mississippi Affordable College Savings (MACS) Program Mississippi |
$25, or $15 per pay period via payroll deduction. |
MO ABLE Missouri |
The minimum initial contribution amount is $50.00 per STABLE Account. The minimum subsequent contribution amount is $1.00 per STABLE Account. |
MOST - Missouri's 529 Savings Plan (Direct-sold) Missouri |
No minimum. |
Achieve Montana Montana |
$25 or $15 through payroll deduction. |
Montana ABLE Montana |
The initial and additional contribution minimum is $25 |
Montana Family Education Savings Program -- Bank Plan Montana |
CollegeSure CD: 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 payroll 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. InvestorSure CD: 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 payroll 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 on the next CD issue date. 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 contribution is $250 and must be contributed by electronic check through the state 529 program website or the College Savings Bank website. |
Enable Savings Plan 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 Education Savings Trust -- Advisor College Savings Plan Nebraska |
No minimum. |
Nebraska Education Savings Trust -- Direct College Savings Plan Nebraska |
No minimum. |
State Farm College Savings Plan 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. |
TD Ameritrade 529 College Savings Plan Nebraska |
No minimum. |
ABLE Nevada Nevada |
The initial and additional contribution minimum is $25. |
Putnam 529 for America Nevada |
$25 minimum initial contribution, currently being waived. |
SSGA Upromise 529 Plan 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. |
The Vanguard 529 College Savings Plan Nevada |
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. |
USAA 529 College Savings Plan Nevada |
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. |
Fidelity Advisor 529 Plan New Hampshire |
With lump-sum contributions, the minimum initial contribution is $1,000, with no minimum for subsequent investments. With the automatic investment plan, the minimum contribution level is $50 per month. |
STABLE New Hampshire New Hampshire |
The minimum initial contribution amount is $50.00 per STABLE Account. The minimum subsequent contribution amount is $1.00 per STABLE Account. |
UNIQUE College Investing Plan New Hampshire |
With lump-sum contributions, the minimum initial contribution is $50, and the minimum subsequent contribution is $25. With the automatic investment plan, the minimum contribution level is $15 per month or $45 per quarter. |
Franklin Templeton 529 College Savings Plan New Jersey |
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 $50 per month. |
NJBEST 529 College Savings Plan New Jersey |
$25 per investment option. |
ABLE New Mexico New Mexico |
The minimum initial contribution amount is $50.00 per Account. The minimum subsequent contribution amount is $1.00 per Account. |
Scholar's Edge New Mexico |
With lump-sum contributions, the minimum initial contribution is $250 ($25 per portfolio), and the minimum subsequent contribution is $25. With the automatic investment plan, the minimum contribution level is $25. |
The Education Plan's College Savings Program New Mexico |
The required minimum initial contribution is $25, and the minimum subsequent contribution is $25. With the automatic investment plan, the minimum contribution level is $25 per month. |
New York's 529 Advisor-Guided College Savings Plan New York |
The minimum initial contribution is $1,000 per account. The minimum subsequent contribution is $25 per account. |
New York's 529 College Savings Program -- Direct Plan New York |
No minimum. |
NY ABLE New York |
The initial and additional contribution minimum is $25. |
National College Savings Program 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. |
College SAVE (Advisor) North Dakota |
The minimum initial contribution is $25.00 and the minimum subsequent contribution is $25.00 ($12.50 for payroll direct deposit.) |
College SAVE (Direct) North Dakota |
The minimum initial contribution is $25.00 and the minimum subsequent contribution is $25.00 ($12.50 for payroll direct deposit.) |
BlackRock CollegeAdvantage Advisor 529 Savings Plan Ohio |
The minimum initial contribution is $25 per investment option and the minimum subsequent contribution is $25. |
CollegeAdvantage Guaranteed 529 Savings Plan Ohio |
Currently not accepting contributions. |
Ohio’s 529 Plan, CollegeAdvantage Ohio |
$25 ($500 for the Fifth Third CD option). |
STABLE Account Ohio |
The minimum initial contribution amount is $50.00 per STABLE Account. The minimum subsequent contribution amount is $1.00 per STABLE Account. |
Oklahoma College Savings Plan Oklahoma |
The minimum initial contribution is $100 per investment option, and the minimum subsequent contribution is $25 per investment option via bank transfer or $15 per investment option via payroll deduction. |
Oklahoma Dream 529 Plan Oklahoma |
With lump-sum contributions, the minimum initial contribution is $1,000 (with at least $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 contribution level is $50 per investment option per month. |
Oklahoma STABLE Oklahoma |
The minimum initial contribution amount is $50.00 per STABLE Account. The minimum subsequent contribution amount is $1.00 per STABLE Account. |
ABLEforAll Oregon |
The minimum initial contribution amount is $25 per ABLE account. The minimum subsequent contribution amount is $10 per ABLE account. |
MFS 529 Savings Plan 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 ABLE Savings Plan Oregon |
The minimum initial contribution amount is $25 per ABLE account. The minimum subsequent contribution amount is $10 per ABLE account. |
Oregon College Savings Plan Oregon |
With lump-sum contributions, the minimum initial and subsequent contribution is $25 per investment portfolio. With automatic payroll deductions, the minimum contribution level is $15 per investment portfolio per pay period. |
PA ABLE Pennsylvania |
The initial and additional contribution minimum is $25. |
Pennsylvania 529 Guaranteed Savings Plan Pennsylvania |
$15 per transaction; $25 minimum contribution through Ugift. |
Pennsylvania 529 Investment Plan Pennsylvania |
$25 per transaction, or $15 per transaction via payroll deduction. $25 minimum contribution through Ugift. |
CollegeBound 529 (Advisor-sold) Rhode Island |
None |
CollegeBound Saver (Direct-sold) Rhode Island |
None |
RI's ABLE Rhode Island |
The initial and additional contribution minimum is $25. |
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. |
Future Scholar 529 College Savings Plan (Direct-sold) South Carolina |
None |
SC ABLE Savings Program South Carolina |
The minimum initial contribution amount is $50.00 per STABLE Account. The minimum subsequent contribution amount is $1.00 per STABLE Account. |
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 $250 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. |
ABLE TN Tennessee |
There is minimum $25 initial contribution per investment option required to open account. |
Tennessee's BEST Prepaid College Tuition Plan Tennessee |
With lump-sum contributions, the minimum initial contribution is one unit, and subsequent contributions can be any amount. With automatic investments from a bank account, the minimum contribution level is $25. |
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. |
Lonestar 529 Plan Texas |
$25 per portfolio, or $15 per portfolio with the automatic contribution plan. |
Texas ABLE Texas |
Initial contribution of $50 and subsequent contribution minimum of $25. |
Texas College Savings Plan Texas |
$25 per portfolio, or $15 per portfolio with the automatic contribution plan. |
Texas Tuition Promise Fund Texas |
One unit initially; subsequent purchases must be at least $15. Extended payment plans are available. |
my529 Utah |
No minimum. |
Vermont ABLE Vermont |
The minimum initial contribution amount is $50.00 per STABLE Account. The minimum subsequent contribution amount is $1.00 per STABLE Account. |
Vermont Higher Education Investment Plan Vermont |
$25, or $15 per pay period via payroll deduction. |
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. |
CollegeAmerica 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. |
Invest529 Virginia |
The minimum initial contribution is $25. 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 |
One unit ($113 through May 31, 2018). |
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). |
SMART529 WV Direct College Savings Plan West Virginia |
No minimum. |
The Hartford SMART529 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). |
WV ABLE West Virginia |
The minimum initial contribution amount is $50.00 per Account. The minimum subsequent contribution amount is $1.00 per Account. |
Edvest Wisconsin |
$25 per investment option, or $15 per investment option with the automatic contribution plan. |
Tomorrow's Scholar 529 Plan Wisconsin |
$250, or $25 per month with the automatic contribution plan. |
WY ABLE Wyoming |
The minimum initial contribution amount is $50.00 per Account. The minimum subsequent contribution amount is $1.00 per Account. |
Top 529 College Savings Plans
One-year rankings are based on a plan's average investment returns over the last 12 months.
State | Plan Name | |
---|---|---|
1 | South Dakota | CollegeAccess 529 (Direct-sold) |
2 | Nevada | The Vanguard 529 Savings Plan |
3 | California | ScholarShare 529 |
Three-year rankings are based on a plan's average annual investment returns over the last three years.
State | Plan Name | |
---|---|---|
1 | West Virginia | SMART529 WV Direct College Savings Plan |
2 | California | ScholarShare 529 |
3 | Alaska | T. Rowe Price College Savings Plan |
Five-year rankings are based on a plan's average annual investment returns over the last five years
State | Plan Name | |
---|---|---|
1 | Ohio | Ohio CollegeAdvantage Direct 529 Savings Plan |
2 | New York | New York's 529 College Savings Program -- Direct Plan |
3 | California | ScholarShare 529 |
10-year rankings are based on a plan's average annual investment returns over the last ten years.
State | Plan Name | |
---|---|---|
1 | Nevada | USAA 529 College Savings Plan |
2 | New York | New York's 529 College Savings Program -- Direct Plan |
3 | Alaska | T. Rowe Price College Savings Plan |