T. Rowe Price 529 (Alaska/Maryland)
Parent Rankings Score
8.7/ 10 · Editorially reviewed
Actively managed funds with strong long-term performance
No enrollment fee; 0.29%–0.97% expense ratios
Why We Like It
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.
Editor's Verdict
Best Active Management Option in 529 plans.
8.7/10
Pros & Cons
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
Score Breakdown
Safety
9.0
Value
8.5
Ease
8.8
Quality
9.0
Overall Score
8.7
Plans were evaluated on total expense ratios, investment option quality, state tax benefit value, flexibility for non-residents, and platform usability.
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