Call us at 800-369-3641
College Savings Plans
Taking That First Step Toward Your Education Savings Goals
A 529 college savings plan is a tax-advantaged way to help families reach their education savings goals.
Your savings can be used tax-free at any federally accredited college, technical or trade school, as well as certified apprenticeships, to cover tuition, room and board, books, supplies, computer technology, equipment and for other qualified higher education expenses.
Savings can also be used for tuition expenses at K-12 public, private, and religious schools+ and for education loan repayment up to $10,000 lifetime maximum per beneficiary.
With more than 80 years of financial experience, the experts at T. Rowe Price are focused and committed to helping you choose the right path for one of the most important investment decisions families face today.
529 Plans Managed by T. Rowe Price
For over 20 years, T. Rowe Price has managed three 529 plans that have helped families save for a brighter future. To explore the 529 plan that’s right for you and your family, select from the three options below.
Our 529 Plans Offer Benefits Such As:
- Investment options including Enrollment-Based and Fixed investment portfolios so you can save for education your way.
- Automatic contributions.
- Powerful online tools to help chart your family’s saving progress.
- College savings specialists who are standing by and ready to answer any questions that you may have.
- The GoTuition® gifting portal, an online tool that makes it easy to ask friends and family to contribute to a child’s 529 plan.
+While distributions from 529 college savings plans for elementary or secondary education tuition expenses are federally tax-free, state tax treatment will vary and could include state income taxes assessed, the recapture of previously deducted amounts from state taxes, and/or state-level penalties. You should consult with a tax or legal advisor for additional information.
GoTuition is a trademark of T. Rowe Price Group, Inc.
3112069