Oklahoma Dream 529 Plan

The OklahomaDream 529 Plan is a 529 plan available in Oklahoma that offers families a comprehensive solution for saving for higher education expenses. One unique aspect of this plan is its focus on flexibility and choice, allowing account holders to select from a variety of investment options, including age-based portfolios and individual fund options. This enables investors to customize their strategy based on their goals and risk tolerance. The plan offers 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, maximizing savings potential. The OklahomaDream 529 Plan aims to help families efficiently save for their educational goals.
EnrollState Tax Incentive
$10,000 single / $20,000 joint beneficiary annually, five-year carry-forward of excess contributions
Program Manager
Fidelity Investments
Investment Manager(s)
Fidelity
Plan type
Advisor
Investments
Guided Investments
age-based
ESG Investments
No
Avg. expense fee
1.250%
Fee Range
0.47%-1.79%
Ratings
Backer Rating
Our rating is based on fees and tax savings advantages.
51%
for OK residents
25%
non-residents
Saving For College
Unbiased, independent resource for parents.
4.5
for OK residents
4.5
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.