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