Montana 529 plan archive

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The Montana 529 plan archive page provides information on direct-sold 529 plans and highlights indexed portfolios. All information is derived from and from 529 plan sites and disclosure documents. If you would like to compare this plan with other direct sold plans, use these Compare by Plan Name and Compare by Feature tools.

  • Open to Residents
  • Open to non-residents

Montana 529 Plan
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.
State tax recapture provisions: The principal portion of rollovers, qualified withdrawals within three years of establishing the account, and nonqualified withdrawals from this plan are subject to Montana tax at the highest Montana marginal rate to the extent of prior Montana tax deductions, but only after removal of non-deducted contributions.
Age-based investment options: none
Static investment options: Select among three Vanguard LifeStrategy fund-of-funds asset allocation options (Conservative Growth, Moderate Growth, and Growth) and two single funds, Vanguard Total Stock Index Fund, and Vanguard Total International Index Fund.
Expenses: 0.82% - 0.89%

There is a $25 annual Account Maintenance Fee for non-residents, if the account balance is under $25,000. This fee is waived if enrolled in an automatic contribution plan.

Policy Regarding Ownership Changes: Accepts requests to transfer account ownership (but only to beneficiary, or to owner’s spouse as part of a divorce proceeding).

External links