Skip to main content

Find the right 529 plan for you

The right 529 plan can make your college savings go even further. As you consider The Vanguard 529 Plan, here are some things to think about.

4 things to look for in a 529 plan

1. State tax benefits

First, see what tax breaks your state offers. Some states give benefits regardless of which state's 529 you invest in.*

2. Fees & costs

The less you pay in fees and costs, the more you'll have left to pay for college. Even costs that may seem insignificantly higher could eventually offset any state tax benefit that you get from your state's plan.

3. Investment choices

Some 529 plans have a wide variety of options to choose from. If you're interested in making college investing as simple as possible, look for plans that include professionally managed age-based options. These are portfolios that automatically adjust for you—becoming more conservative as your child nears college age.

4. Initial investment amount

Contributing a large chunk of money to your 529 account is a great way to kick-start your college savings, but in today's world, that may not be possible. So look for a plan that has a minimum investment that fits your budget.

You get more with The Vanguard 529 Plan

Low costs, award-winning investments, and a high level of customer service are just a few things you can expect from us.


The Vanguard 529 College Savings Plan is a Nevada Trust administered by the Board of Trustees of the College Savings Plans of Nevada, chaired by the Nevada State Treasurer.

Open a Vanguard 529 Plan

We're here to help

Talk with one of our education savings specialists.

Call 866-734-4533

Monday through Friday
8 a.m. to 9 p.m., Eastern time

REFERENCE CONTENT

Layer opened.

Tax law update

On December 22, 2017, the president signed new tax legislation into law. The following describes several new provisions related specifically to 529 plan accounts, beginning with the 2018 tax year:

  • Account owners can use assets to pay for qualified K-12 expenses up to $10,000 per year per student.
  • Account owners can treat K-12 withdrawals as qualified expenses with respect to the federal tax benefit. The tax treatment of such withdrawals at the state level (determined by the taxpayer’s state of residence) is less clear, and states may ultimately determine the treatment of these withdrawals independently. Account owners should consult their tax advisors for further guidance.
  • Account owners can roll over 529 plans to ABLE plans, up to the ABLE annual contribution limit. States may need to expand the definition of qualified withdrawals to include rollovers into ABLE plans. Without a change to the definition, such rollovers could be categorized as nonqualified withdrawals.

We'll provide more information as additional details about the effects of the tax bill become clear. We encourage you to consult a qualified tax advisor about your personal situation.