Collegesure 529 Tuition Indexed Programs

Arizona Collegesure 529 Tuition Indexed Program

The interest rate on the FDIC-insured CDs available through this 529 plan is pegged to a private-college tuition index, less a 1.5% margin, not to fall below 2% annually. (If average private-college tuition increases by 6% in a year, the yield on the CD is 4.5%.)

Program match on contributions: None

State tax deduction or credit for contributions: In 2007, contributions to 529 plans are not deductible in computing Arizona taxable income. In 2008 through 2012, contributions to Arizona and non-Arizona 529 plans of up to $750 per year for an individual taxpayer, and $1,500 per year for a married couple filing jointly, are deductible in computing Arizona taxable income.


 * Direct link to Arizona 529 Plan site

Montana Collegesure 529 Tuition Indexed Programs

Two FDIC-insured options are offered in this 529 plan. The interest rate on the CollegeSure CD is pegged to a private-college tuition **index, less a 1.5% margin, not to fall below 2% annually. (If average private-college tuition increases by 6% in a year, the yield on the CD is 4.5%.) The InvestorSure CD has a five-year maturity, and earns interest at a rate pegged to a percentage (between 85% and 100%) of the increase in the S&P 500 Index.

Program match on contributions: None

State tax deduction or credit for contributions: Contributions to any of Montana's 529 plans of up to $3,000 per year for an individual taxpayer, and $6,000 per year for married taxpayers filing jointly, are deductible in computing Montana taxable income. Only contributions made by the account owner, the account owner's spouse, or the account owner's custodian/parent are deductible. Contribution deadline is December 31 postmark.


 * Direct link to Montana 529 Plan

Additional Links

 * College Tuition: Historical Cost Inflation
 * College Savings Bank

529 Plan Pages

 * 529 Plans
 * 529 Plans Indexed Options
 * 529 Plan Account Transfers‎
 * 529 Plan Recapture Tax on Rollovers