529 Plans

Is there a Prepaid College Savings Plan for You?See a quick comparison of 14 options to see if there's a plan that suits your needsBy Kim Clark Posted September 23, 2009

Prepaid plans open for new investors	Are out of state investors allowed?	Is there a state tax deduction for contributions?	Kind of guarantee
University of Alaska College Savings Plan ACT Portfolio	Yes	No; Alaska doesn't have a state income tax	Fund assets
Florida Prepaid College Plans	No	No; Florida doesn't have a state income tax	State
College Illinois!	No	Yes	Legislative
Independent 529 Plan	Yes	Yes, in some states	Universities
Maryland Prepaid College Trust	Only DC	Yes, up to $2,500/year	Legislative
Massachusetts Uplan Prepaid Tuition Program	Yes	No	State
Michigan Education Trust	No	Yes	Fund assets
Mississippi Prepaid Affordable College Tuition Program	No	Yes	State
Nevada Prepaid Tuition Program	Alumni of some Nevada colleges	No; Nevada doesn't have a state income tax	Fund assets
Pennsylvania Guaranteed Savings Plan	No	Yes	Fund assets
Tennessee Baccalaureate Education System Trust	No	No; Tennessee doesn't have a state income tax	Fund assets
Texas Tuition Promise Fund	No	No; Texas doesn't have a state income tax	Universities
Virginia Prepaid Education Program	Soldiers stationed in Virginia	Yes, up to $4,000/year	Legislative
Washington (state) Guaranteed Education Tuition	No	No; Washington doesn't have a state income tax	State

C.F.A.C.E.S.