Oregon 529 plan

Oregon 529 Plan:

Program match on contributions: None

State tax deduction or credit for contributions: Contributions to any of Oregon's 529 plans in 2007 of up to $2,000 for an individual taxpayer and for married taxpayers filing jointly, and $1,000 for married taxpayers filing separately, are deductible in computing Oregon taxable income, with a four-year carryforward of excess contributions. Beginning in 2008, the maximum annual deduction is $4,000 for married taxpayers filing jointly and $2,000 for all other taxpayers, and the limits are to be adjusted annually for inflation. Contribution deadline is April 15 of the following year.

State tax recapture provisions: The principal portion of nonqualified withdrawals from this plan are included in Oregon taxable income to the extent of prior Oregon tax deductions. Rollovers apparently are not subject to recapture.

Age-based investment options: No Vanguard Option

Static investment options: Select among six multi-fund portfolios (Aggressive, Moderate, Balanced, Conservative, Ultra Conservative, and 100% Equity), and five individual-fund portfolios.

Single Fund Portfolios:

Expenses: 0.21% - 0.81%; maintenance fee: $20 annually per Vanguard Portfolio (waived for Oregon residents)


 * Direct Link to 529 Plan Site
 * Plan document

Links

 * Morningstar Overview
 * State Creditor Protections for 529 Plans