Maryland 529
@maryland529.com
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About Maryland 529
Maryland 529 is a state-sponsored initiative, overseen by the Maryland State Treasurer, that focuses on aiding Maryland families in saving for education and disability-related expenses. The brand encompasses three primary savings programs: the Maryland Senator Edward J. Kasemeyer College Investment Plan, the Maryland ABLE Program, and the now-closed Maryland Senator Edward J.
Kasemeyer Prepaid College Trust. The College Investment Plan, managed by T. Rowe Price since its inception in 2001, empowers families to save for higher education, trade schools, or apprenticeships, while minimizing debt.
The ABLE Program, launched in November 2017, specifically supports individuals with disabilities, ensuring they can save for Qualified Disability Expenses without risking their benefits, such as SSI or Medicaid. Maryland 529 also offers unique advantages, including a state income tax subtraction for contributions and tax-free growth for eligible expenses. With a mission to provide flexible and accessible savings options, Maryland 529 aims to cultivate a financially secure future for all Marylanders
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Related Brands
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529 college savings plans
Maryland Senator Edward J. Kasemeyer College Investment Plan
Save4College State Contribution Program
Maryland ABLE
Qualified disability expense savings