Arkansas Brighter Future 529 Advisor Plan

The Brighter Future Advisor Plan, available in Arkansas, offers unique features tailored to families saving for education expenses. Managed by Invesco, this plan stands out with its advisor-sold structure, providing personalized guidance and support from financial professionals. The plan offers a variety of investment options, including age-based portfolios and individual fund choices, allowing for customized investment strategies. Additionally, the Brighter Future Advisor Plan allows for generous contributions of up to $235,000 per beneficiary, providing ample room for substantial savings. Lastly, the plan provides potential state tax benefits, including income tax deductions for Arkansas taxpayers, enhancing its appeal for residents seeking tax advantages while saving for education.

Enroll

State Tax Incentive

$5,000 single / $10,000 joint beneficiary

Program Manager

Ascensus

Investment Manager(s)

iShares, Blackrock, Sallie Mae

Plan type

Advisor

Investments

Guided Investments

age-based

ESG Investments

No

Avg. expense fee

0.650%

Fee Range

0.59%-0.73%

Ratings

Backer Rating

Our rating is based on fees and tax savings advantages.

43%

for AR residents

43%

non-residents

Saving For College

Unbiased, independent resource for parents.

4.5

for AR residents

4

non-residents

Other

Connect with Mint.com

Track your finances in one place.

No

Connect with Backer

Full end to end enrollment, gifting and plan management.

Gifting Only

Mobile app

Backer App covers this plan.

Yes

Plan in the news?

Check out latest news about this plan.

@Arkansas529

General Recommendation

This is an advisor sold 529 plan, not rated by Morningstar.