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What are the best 529 plans?

Two plans earn Medalist Ratings of Gold and stand out as the best 529 plans among those Morningstar covers. The excellent stewardship of state sponsors in Pennsylvania and Utah drive material improvements to their plans, resulting in well-designed, low-cost offerings.

Should I use a 529 college savings plan?

Using a 529 college savings plan when saving for future education expenses can be an attractive option, as investments in the plan grow tax-free. You can learn more about 529 college savings plans and how to start saving in our 529 guide. 10 plans were upgraded and seven were downgraded.

How do 529 plan rankings work?

Separate rankings are developed for one-year, three-year, five-year and ten-year performances. We take the average of each 529 plan's percentile rankings in the seven asset-allocation categories to produce a combined or 'composite' percentile ranking.

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