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.

Enroll

State 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.

Bronze

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

Plan in the news?

Check out latest news about this plan.

@Oklahoma529

General Recommendation

This is a direct sold 529 plan, rated as bronze by Morningstar.