John Hancock Freedom 529

The John Hancock Freedom 529 plan, available in Alaska, offers unique features to help families save for education expenses. Managed by John Hancock, this plan provides a diverse range of investment options, including both active and passive strategies, allowing investors to tailor their portfolios to their specific preferences. The plan also offers a unique scholarship program called the Tuition Certainty Program, which guarantees a future value of contributions based on a chosen tuition rate. Furthermore, the John Hancock Freedom 529 plan allows for generous contribution limits of up to $400,000 per beneficiary, enabling families to save substantial amounts for education. Lastly, the plan offers potential state tax benefits for Alaska residents, including tax deductions for contributions, providing additional incentives to participate.