DASH TO SAVETM INCENTIVE PROGRAM
New accounts could receive a $250 contribution.§
Leading the Pack
TOP 5 RANKING for performance by Savingforcollege.com for the 3- and 5-year period ended 2/14/22.
- Introducing Dash to Save Incentive Program
- Savingforcollege.com Top 10 Ranking Q4 2021
ALASKA 529 IS AN EDUCATION SAVINGS PLAN DESIGNED TO MAKE IT EASY FOR PARENTS AND LOVED ONES TO SAVE FOR EDUCATION.
Whatever sparks your child's imagination and curiosity, we can help you save for it.
one plan, many paths
You can use your Alaska 529 account tax-free for education expenses* both in and out of Alaska, wherever your loved one's path takes them.
K-12
Tuition
Apprenticeships
Vocational
School
College
Graduate
School
Loan
Repayment
Continuing
Education
K-12
Tuition
Use up to $10,000 for tax-free 529 distributions per beneficiary,The future student designated by an account holder to receive the benefit of an account. per year, across all 529 accounts when used for K-12 tuition at an elementary or secondary public, private, or religious school.†
Apprenticeships
Use your 529 savings to pay for fees, books, supplies, and equipment needed for apprenticeship on-the-job training with classroom instruction. To qualify, all apprenticeships must be registered with the U.S. Department of Labor.
Vocational
School
Use your 529 savings for vocational or trade school, community colleges, and certificate programs to pay for qualified expenses including tuition, fees, housing, meal plans, books, supplies, computer technology, and equipment. Use the Federal School Code Search on the FAFSA website to search for a complete list of eligible institutions.
College
Use your 529 savings for any college or university in the U.S. as well as some international schools to pay for qualified expenses including tuition, fees, housing, meal plans, books, supplies, computer technology, and equipment. Use the Federal School Code Search on the FAFSA website to search for a complete list of eligible institutions.
Graduate
School
Use your 529 savings for graduate school to pay for qualified higher expenses including tuition, fees, housing, meal plans, books, supplies, computer technology, and equipment. Use the Federal School Code Search on the FAFSA website to search for a complete list of eligible institutions.
Loan
Repayment
Tax-free 529 distributions are limited to a $10,000 lifetime cap when used for repayments of principal and interest on qualified education loans for your beneficiaryThe future student designated by an account holder to receive the benefit of an account. or the beneficiary's sibling.
Continuing
Education
Use your 529 savings to pay for continuing education credential or degree programs to further your career. Savings can be used towards tuition, fees, housing, meal plans, books, supplies, computer technology, and equipment. Use the Federal School Code Search on the FAFSA website to search for a complete list of eligible institutions.
Take the Next Step with Alaska 529
Why Alaska 529?
- Any earnings grow tax-deferred, and qualified distributions are exempt from federal taxes.**
- You can contribute using a PFD.
- Anyone can open or contribute to a 529 account, including grandparents, family members, and friends. Learn more.
- You can use your assets in or outside of Alaska. Nonresident beneficiaries may be eligible for resident tuition anywhere in the University of Alaska system.
investment options that fit your goals
Alaska 529 offers a range of professionally managed investment options with no sales charges or commissions, including the University of Alaska Portfolio which has a tuition-value guarantee.
READY TO GET STARTED?
- Discover everything you need to know to open an Alaska 529 account with our Quick Start Guide.
- Open an account today with as little as $25.
- You may receive a $250 contribution with the Dash to Save incentive program.§
If you are not an Alaska resident, you should compare this Plan with any 529 plan offered by your home state or your beneficiary’s home state and consider, before investing, any state tax or other state benefits, such as financial aid, scholarship funds, and protection from creditors that are only available for investments in the home state’s plan. Please read and/or download the Plan Disclosure Document, which includes investment objectives, risks, fees, charges and expenses, and other information that you should read and consider carefully before investing, or call 1-866-277-1005 to request a paper copy. T. Rowe Price Investment Services, Inc., Distributor/Underwriter.
GoTuition and GoTuition design are trademarks of T. Rowe Price Group, Inc.
*Not all expenses listed can be used at the potential paths listed above. Please see the Plan Disclosure Document for details.
**The availability of tax benefits may be conditioned on meeting certain requirements, such as residency, purpose for or timing of distributions, or other factors as applicable.
+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.
§Certain restrictions apply; see terms and conditions for details and eligibility requirements.
Dash to Save and Dash to Save More are trademarks of the Education Trust of Alaska.
