Delaware 529 Plan
Delaware offers one 529 college savings plan, a traditional 529 savings plan called the Delaware College
Delaware College Investment Plan
The D.C. College Savings Plan is a traditional 529 plan that allows you to invest money today and reap tax
benefits when you withdraw it to pay for qualified education expenses.
Type: Direct – Delaware’s 529 plan can be purchased directly
Fund Family: Fidelity
Minimums: To get started you can deposit $50 or set up a monthly payment plan of only
$15. The minimum subsequent contribution to Delaware's 529 plan is $15.
Maximum Contributions: Currently, you can contribute to your Delaware 529 plan until your
combined account maximum hits $350,000. Of course, your total amount in the plan can be higher as your
investments group. 529 plans typically increase the contribution limit over time, so you may be able to
Tax Benefits: In and out-of-state participants get the federal tax benefits.
Other Benefits: Through your Deleware College Investment Plan, you have the option to partake
in a credit card reward program of up to 2%.
Residency: The Delaware College Investment Plan is open to all United States residents, not
only those in Delaware.
You can learn more about the this 529 plan at the official web site.