DreamAhead College Investment Plan
The DreamAhead College Investment Plan is a 529 college savings plan unique to Washington state. One notable aspect of this plan is its wide range of investment options, allowing participants to choose from various portfolios tailored to their risk tolerance and investment goals. Additionally, DreamAhead offers a unique set of socially responsible investment options, allowing account holders to align their investments with their values. The plan also provides tax advantages, including tax-free growth and withdrawals for qualified education expenses. Another distinctive feature is the contribution matching program called the Matching Grant Program, which provides eligible low- to moderate-income families with matching funds based on their contributions. Overall, the DreamAhead College Investment Plan offers Washington residents a flexible and socially conscious way to save for higher education.
EnrollState Tax Incentive
No state income tax
Program Manager
Vestwell State Savings
Investment Manager(s)
Vanguard, Schwab, Fidelity
Plan type
Direct
Investments
Guided Investments
age-based
ESG Investments
No
Avg. expense fee
0.657%
Fee Range
0.043%-0.83%
Ratings
Backer Rating
Our rating is based on fees and tax savings advantages.
28%
for WA residents
28%
non-residents
Saving For College
Unbiased, independent resource for parents.
5
for WA 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.
Gifting Only
Mobile app
Backer App covers this plan.
No
Plan in the news?
Check out latest news about this plan.
General Recommendation
This is a direct sold 529 plan, not rated by Morningstar.
