Fidelity can help you with saving for college and college savings plans. Learn about the benefits of 529 plans, college savings options, and how to develop a saving strategy.
College Savings Savings Made Simple Our savings tools and automatic transfers let you set goals and transfer your earned dollars into college savings plans. Additionally, expert advice, tools and bonus opportunities help to accelerate your college savings even faster.
Click on the name of a state below to view summary information about that state's 529 plan(s). When choosing a 529 plan, you should always consider your home state plan first as your state may offer state tax or other benefits to residents. Start shopping for a 529 plan, check out details, compare programs, and enroll directly with participating 529 plans. Search for a 529 professional with college savings expertise.
Prepaid tuition plans allow families to prepay all or a portion of future tuition costs at today's prices. This guide covers the basics of state-sponsored prepaid tuition plans for public in-state colleges and Private College 529, which helps families save for nearly 300 private colleges and universities nationwide. For most people, a 529 savings account offers a mix of benefits that will get you the closest to your K–12 or college savings goal. With these accounts, you can save money on taxes both when you make your contributions and every year—between now and when you'll need the money. 529 College Savings Plan Comparison. Start by selecting your home state, and see how your state's options and tax advantages stack up against plans from other states. 529 State Tax Deduction Calculator. Enter your expected 529 plan contribution and taxable income to calculate the tax benefits, if available, in your state. A 529 plan is a college savings plan that offers tax and financial aid benefits. 529 plans may also be used to save and invest for K-12 tuition in addition to college costs. There are two types of 529 plans: college savings plans and prepaid tuition plans. Almost every state has at least one 529 plan. Some college savings accounts, like 529 savings plans, give you tax-deferred growth and tax-free withdrawals. This means that you won't pay any income taxes on the amount your account earns while it's growing, and if you use the money for qualified education expenses, those earnings will be tax-free when you withdraw them.