CollegeCounts 529 Fund (Direct-Sold)

The CollegeCounts 529 Fund, available in Alabama, offers unique features to assist families in saving for higher education. Managed by Union Bank & Trust Company, this plan allows individuals to contribute up to $400,000 per beneficiary, providing ample opportunity for substantial savings. One standout aspect of the plan is the ability to open an account with as little as $25, making it accessible to a wide range of investors. Additionally, the plan offers a variety of investment options, including age-based portfolios and individual fund choices, allowing for customization based on risk tolerance and investment preferences. Lastly, the CollegeCounts 529 Fund provides potential state tax deductions for Alabama taxpayers, incentivizing residents to participate in the plan and maximize their savings for future education expenses.