Best rated 529 plans of 2022

We assign a rating to each state-sponsored 529 plan ranging from one cap (least attractive) to five caps (most attractive). The 5-Cap Rating represents our analysis of the overall usefulness of a state's 529 plan based on many considerations.

The 5-Cap Rating is not strictly a measure of historical returns and it is not a predictor of future investment performance, level of investment risk, or financial solvency of the program funds.



plan name
state
rating

Ohio's 529 Plan, CollegeAdvantage

OH
(resident rating)
(non-resident rating)
Our rating for residents
5 of 5

Our rating for non-residents
5 of 5
Fees - 0.16%
Performance
1-YR
3-YR
5-YR
10-YR
24.68%
11.93%
-
-

Why we like this plan

  • Strong long-term performance
  • Low fees
  • Large tax deduction on contributions for residents

New York's 529 College Savings Program -- Direct Plan

NY
(resident rating)
(non-resident rating)
Our rating for residents
5 of 5

Our rating for non-residents
4.5 of 5
Fees - 0.12%
Performance
1-YR
3-YR
5-YR
10-YR
24.84%
12.07%
-
-

Why we like this plan

  • Strong long-term performance
  • Low fees
  • Large tax deduction on contributions for residents

Bright Start Direct-Sold College Savings Program

IL
(resident rating)
(non-resident rating)
Our rating for residents
5 of 5

Our rating for non-residents
4.5 of 5
Fees - 0.4%
Performance
1-YR
3-YR
5-YR
10-YR
30.51%
12.25%
-
-

Why we like this plan

  • Large selection of investment options
  • Low fees

Invest529

VA
(resident rating)
(non-resident rating)
Our rating for residents
5 of 5

Our rating for non-residents
4.5 of 5
Fees - 0.51%
Performance
1-YR
3-YR
5-YR
10-YR
22.8%
9.77%
-
-

Why we like this plan

  • Tax deduction on contributions for residents
  • Socially responsible investment portfolio
  • Protection from creditors

Alaska 529

AK
(resident rating)
(non-resident rating)
Our rating for residents
5 of 5

Our rating for non-residents
4.5 of 5
Fees - 0.65%
Performance
1-YR
3-YR
5-YR
10-YR
29.92%
13.4%
14.04%
-

Why we like this plan

  • Strong long-term performance
  • Tuition-value guarantee for University of Alaska students invested in the ACT portfolio
  • Protection from creditors

Maryland 529 -- Maryland Senator Edward J. Kasemeyer College Investment Plan

MD
(resident rating)
(non-resident rating)
Our rating for residents
5 of 5

Our rating for non-residents
4.5 of 5
Fees - 0.67%
Performance
1-YR
3-YR
5-YR
10-YR
29.85%
13.4%
14.03%
-

Why we like this plan

  • Tax deduction on contributions for residents
  • Protection from creditors

DreamAhead College Investment Plan

WA
(resident rating)
(non-resident rating)
Our rating for residents
5 of 5

Our rating for non-residents
4 of 5
Fees - 0.26%
Performance
1-YR
3-YR
5-YR
10-YR
24.05%
11.47%
-
-

Why we like this plan

    U.Fund College Investing Plan

    MA
    (resident rating)
    (non-resident rating)
    Our rating for residents
    4.5 of 5

    Our rating for non-residents
    4.5 of 5
    Fees - 0.14%
    Performance
    1-YR
    3-YR
    5-YR
    10-YR
    22.87%
    11.69%
    -
    -

    Why we like this plan

    • Large selection of investment options
    • Tax deduction on contributions for residents
    • Fidelity Investments 529 College Rewards American Express Card rebates 2% of purchases

    CollegeCounts 529 Fund

    AL
    (resident rating)
    (non-resident rating)
    Our rating for residents
    4.5 of 5

    Our rating for non-residents
    4.5 of 5
    Fees - 0.21%
    Performance
    1-YR
    3-YR
    5-YR
    10-YR
    26.31%
    12.34%
    12.45%
    12.34%

    Why we like this plan

    • Large selection of investment options
    • Large tax deduction on contributions for residents
    • Collegecounts 529 Rewards Visa Card earns you 1.529% on everyday purchases

    NextGen 529 -- Client Direct Series

    ME
    (resident rating)
    (non-resident rating)
    Our rating for residents
    4.5 of 5

    Our rating for non-residents
    4.5 of 5
    Fees - 0.47%
    Performance
    1-YR
    3-YR
    5-YR
    10-YR
    27.66%
    12.16%
    12.11%
    11.96%

    Why we like this plan

    • Strong long-term performance
    • Low fees
    • Matching Grants for qualifying accounts

    my529

    UT
    (resident rating)
    (non-resident rating)
    Our rating for residents
    4.5 of 5

    Our rating for non-residents
    4.5 of 5
    Fees - 0.49%
    Performance
    1-YR
    3-YR
    5-YR
    10-YR
    -
    -
    -
    -

    Why we like this plan

    • Strong long-term performance
    • Low fees
    • Tax credit on contributions for residents

    T. Rowe Price College Savings Plan

    AK
    (resident rating)
    (non-resident rating)
    Our rating for residents
    4.5 of 5

    Our rating for non-residents
    4.5 of 5
    Fees - 0.65%
    Performance
    1-YR
    3-YR
    5-YR
    10-YR
    29.92%
    13.4%
    14.04%
    -

    Why we like this plan

    • Strong long-term performance
    • Protection from creditors

    Learning Quest 529 Education Savings Program (Direct-sold)

    KS
    (resident rating)
    (non-resident rating)
    Our rating for residents
    4.5 of 5

    Our rating for non-residents
    4.5 of 5
    Fees - 0.68%
    Performance
    1-YR
    3-YR
    5-YR
    10-YR
    27.54%
    12.67%
    12.76%
    12.45%

    Why we like this plan

    • Large selection of investment options
    • Matching Grant Program for qualifying KS residents
    • Upromise rewards service available

    SMART529 WV Direct College Savings Plan*Open only to state residents

    WV
    (resident rating)
    (non-resident rating)
    Our rating for residents
    5 of 5

    Our rating for non-residents
    NO of 5
    Fees - 0.12%
    Performance
    1-YR
    3-YR
    5-YR
    10-YR
    23.96%
    12.62%
    12.48%
    11.94%

    Why we like this plan

    • Residents allowed to deduct full contribution amount from WV state taxes
    • Strong long-term performance
    • Low fees

    CollegeBound Saver (Direct-sold)

    RI
    (resident rating)
    (non-resident rating)
    Our rating for residents
    4.5 of 5

    Our rating for non-residents
    4 of 5
    Fees - 0.14%
    Performance
    1-YR
    3-YR
    5-YR
    10-YR
    21.32%
    10.52%
    10.47%
    -

    Why we like this plan

    • Tax deduction on contributions for residents
    • CollegeBoundbaby grant for qualifying accounts
    • Protection from creditors

    College Savings Iowa

    IA
    (resident rating)
    (non-resident rating)
    Our rating for residents
    4.5 of 5

    Our rating for non-residents
    4 of 5
    Fees - 0.19%
    Performance
    1-YR
    3-YR
    5-YR
    10-YR
    22.46%
    11.43%
    11.52%
    11.45%

    Why we like this plan

    • Strong long-term performance
    • Low fees
    • Large tax deduction on contributions for residents

    CollegeChoice 529 Direct Savings Plan

    IN
    (resident rating)
    (non-resident rating)
    Our rating for residents
    4.5 of 5

    Our rating for non-residents
    4 of 5
    Fees - 0.28%
    Performance
    1-YR
    3-YR
    5-YR
    10-YR
    23.05%
    11.97%
    12.57%
    12.35%

    Why we like this plan

    • Large tax credit on contributions for residents
    • Upromise rewards service available

    Direct Portfolio College Savings Plan

    CO
    (resident rating)
    (non-resident rating)
    Our rating for residents
    4.5 of 5

    Our rating for non-residents
    4 of 5
    Fees - 0.31%
    Performance
    1-YR
    3-YR
    5-YR
    10-YR
    24.59%
    12.26%
    -
    -

    Why we like this plan

    • Strong long-term performance
    • Residents allowed to deduct full contribution amount from CO state taxes
    • Matching Grant Program with a dollar-for-dollar match for qualifying CO residents

    UNIQUE College Investing Plan

    NH
    (resident rating)
    (non-resident rating)
    Our rating for residents
    4 of 5

    Our rating for non-residents
    4 of 5
    Fees - 0.14%
    Performance
    1-YR
    3-YR
    5-YR
    10-YR
    22.96%
    11.72%
    -
    -

    Why we like this plan

    • Large selection of investment options
    • Fidelity Investments 529 College Rewards American Express Card rebates 2% of purchases
    • Low-cost index fund investment options

    AZ529, Arizona’s Education Savings Plan

    AZ
    (resident rating)
    (non-resident rating)
    Our rating for residents
    4 of 5

    Our rating for non-residents
    4 of 5
    Fees - 0.14%
    Performance
    1-YR
    3-YR
    5-YR
    10-YR
    22.96%
    11.69%
    -
    -

    Why we like this plan

    • Large selection of age-based investment options
    • Account balances excluded for AZ state financial aid purposes
    • Low-cost index fund investment options

    DE529 Education Savings Plan

    DE
    (resident rating)
    (non-resident rating)
    Our rating for residents
    4 of 5

    Our rating for non-residents
    4 of 5
    Fees - 0.14%
    Performance
    1-YR
    3-YR
    5-YR
    10-YR
    22.89%
    11.7%
    -
    -

    Why we like this plan

    • Large selection of investment options
    • Fidelity Investments 529 College Rewards American Express Card rebates 2% of purchases
    • Low-cost index fund investment options

    MOST - Missouri's 529 Education Plan (Direct-sold)

    MO
    (resident rating)
    (non-resident rating)
    Our rating for residents
    4 of 5

    Our rating for non-residents
    4 of 5
    Fees - 0.2%
    Performance
    1-YR
    3-YR
    5-YR
    10-YR
    22.44%
    11.41%
    11.49%
    11.34%

    Why we like this plan

    • Strong long-term performance
    • Large selection of investment options
    • Large selection of investment options

    NC 529 Plan

    NC
    (resident rating)
    (non-resident rating)
    Our rating for residents
    4 of 5

    Our rating for non-residents
    4 of 5
    Fees - 0.32%
    Performance
    1-YR
    3-YR
    5-YR
    10-YR
    24.67%
    11.85%
    -
    -

    Why we like this plan

    • Large selection of age-based investment options
    • Low fees

    DC College Savings Plan

    DC
    (resident rating)
    (non-resident rating)
    Our rating for residents
    4 of 5

    Our rating for non-residents
    4 of 5
    Fees - 0.34%
    Performance
    1-YR
    3-YR
    5-YR
    10-YR
    17.32%
    9.67%
    -
    -

    Why we like this plan

    • Large tax deduction on contributions for residents
    • Socially responsible investment portfolios

    SSGA Upromise 529 Plan

    NV
    (resident rating)
    (non-resident rating)
    Our rating for residents
    4 of 5

    Our rating for non-residents
    4 of 5
    Fees - 0.39%
    Performance
    1-YR
    3-YR
    5-YR
    10-YR
    24.17%
    10.28%
    -
    -

    Why we like this plan

    • Large selection of investment options
    • FDIC-insured savings account option
    • Upromise rewards service available