Oklahoma College Savings Plan

The Oklahoma 529 College Savings Plan is a comprehensive 529 plan designed to help families save for higher education expenses. One unique aspect of this plan is its partnership with TIAA-CREF Tuition Financing, Inc., a leading provider of retirement and financial services. The plan offers a variety of investment options, including age-based portfolios and individual fund options, allowing account holders to tailor their investments to their specific goals and risk tolerance. It provides tax advantages, such as tax-free growth and tax-free withdrawals for qualified education expenses. Additionally, Oklahoma residents may be eligible for a state income tax deduction for contributions made to the plan, further enhancing the savings potential. The Oklahoma 529 College Savings Plan aims to assist families in achieving their educational savings goals efficiently and effectively.
EnrollState Tax Incentive
$10,000 single / $20,000 joint beneficiary annually, five-year carry-forward of excess contributions
Program Manager
TIAA-CREF Tuition Financing, Inc
Investment Manager(s)
TIAA
Plan type
Direct
Investments
Guided Investments
target-enrollment-portfolios
ESG Investments
No
Avg. expense fee
0.290%
Fee Range
0.25%-0.52%
Ratings
Backer Rating
Our rating is based on fees and tax savings advantages.
74%
for OK residents
48%
non-residents
Saving For College
Unbiased, independent resource for parents.
5
for OK residents
4.5
non-residents
Morningstar Rating
Once a year, the financial services firm Morningstar releases its 529 ratings.
Other
Connect with Mint.com
Track your finances in one place.
No
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, rated as bronze by Morningstar.