Why open an AZ529 Plan?
Open an account for free.
- There is no application fee.
- Arizona residency is not required to open an account.
- Anyone age 18 or older can open an account.
- You don’t need to be related to the beneficiary.
- You can even open an account for yourself.
Choose from a variety of investment options.
The AZ529 Plan offers savings options to meet your specific investment style and risk tolerance through one direct to consumer sold plan and one financial advisor-sold plan.
Learn More
The AZ529, Arizona’s Education Savings Plan received Morningstar’s 2023 Silver Rating.*
Use savings at a variety of accredited educational institutions including:
Public & Private Universities
Community Colleges
Technical & Vocational Training Schools
Apprenticeship Programs
Apply savings to many educational expenses including:
- Tuition and fees
- Books, supplies and equipment including a computer and internet access
- K-12 private school tuition
- Up to $10,000 in student loans
Know your savings are managed by professionals.
The Arizona State Treasurer’s Office partners with the three private sector providers to ensure AZ529 is well-managed and secure.
Earnings grow tax-free.
For designated beneficiaries who are Arizona residents, funds are exempt from state taxation when used to pay qualified higher-education expenses of the designated beneficiary.
Contributions are tax deductible.
The state of Arizona offers a tax deduction each year for investing in the Arizona 529 Plan of up to $4,000 for married tax filers who file a joint return and up to $2,000 for individual tax filers. Learn more about the Arizona tax incentives here.
Make tax-free withdrawals.
Withdrawals are exempt from federal and state income tax if the funds are used to pay for qualified higher education expenses, including K-12 tuition.