Idaho College Savings Program (IDeal)
The Idaho College Savings Program (IDeal) offers unique features for families saving for education expenses in Idaho. Managed by Ascensus College Savings, this plan provides a variety of investment options, including age-based portfolios and individual fund choices, allowing for customization based on investment preferences. It also stands out with its state income tax deduction on contributions, providing potential tax benefits for Idaho residents. Additionally, IDeal offers a generous maximum contribution limit and provides flexibility in using funds for qualified education expenses.
EnrollState Tax Incentive
$6,000 single / $12,000 joint beneficiary
Program Manager
Ascensus
Investment Manager(s)
Vanguard, Sallie Mae
Plan type
Direct
Investments
Guided Investments
target-enrollment-portfolios
ESG Investments
No
Avg. expense fee
0.360%
Fee Range
0.36%-0.36%
Ratings
Backer Rating
Our rating is based on fees and tax savings advantages.
57%
for ID residents
31%
non-residents
Saving For College
Unbiased, independent resource for parents.
4
for ID residents
4
non-residents
Other
Connect with Mint.com
Track your finances in one place.
Yes
Connect with Backer
Full end to end enrollment, gifting and plan management.
Enrollment
Mobile app
Backer App covers this plan.
Yes
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Check out latest news about this plan.
General Recommendation
This is a direct sold 529 plan, not rated by Morningstar.
