No enrollment fee; 0.29%–0.97% expense ratios· #5
Open Account →T. Rowe Price
T. Rowe Price 529 (Alaska/Maryland)
Actively managed funds with strong long-term performance
T. Rowe Price's plan is the strongest choice for investors who believe in active management and want access to the firm's highly regarded growth and equity funds. Maryland families also benefit from a generous state tax deduction.
✓ Pros
- Access to T. Rowe Price's actively managed funds with strong multi-decade track records
- Maryland plan offers state tax deduction to MD residents
- Strong customer service and planning support
✕ Cons
- Higher expense ratios than passive index alternatives
- Active management doesn't always outperform index funds over time
Scores
Overall
8.7
Safety
9
Value
8.5
Ease
8.8
Quality
9
Specifications
annual Fees0.29%–0.97%
minimum Contribution$250
open To All Statestrue
morningstar RatingSilver
tax DeductionMaryland residents
8.7
out of 10
#5 Best Active Management Option
No enrollment fee; 0.29%–0.97% expense ratios
← See all 529 Plans