Saving for College the Smart way - 529 Plans          


Oklahoma 529 Plan

Oklahoma offers one 529 college savings plan, a direct plan called the Oklahoma College Savings Plan.

Oklahoma College Savings Plan

Oklahoma 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 – this 529 plan can be purchased directly through the state.

Fund Family:  TIAA-CREF

Minimums:  To get started you can deposit $100. Minimum subsequent contributions are $25 and $15 with the payroll deduction plan.

Maximum Contributions:  Currently, you can contribute until your balance reaches $300,000 in your Oklahoma 529 plan.  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 contribute more.

Tax Benefits:  Good news for Oklahoma residents - by investing in your state's 529 plan, you can deduct up to $10,000 on your state income taxes for single filer and $20,000 for married filers.  You also get federal income tax benefits as you do not pay income tax on your earnings.  Out-of-state participants still get the federal tax benefits.

Residency:  Oklahoma College Savings Plan is open to all United States residents, not just those in Oklahoma.

You can learn more about Oklahoma’s 529 plan at the official website


529 Plan Report

529 plan report pic

Free report:
"5 Biggest 529 Plan Mistakes"

Download a free copy - click here.

Need Help?

Contact a 529 and college savings plan advisor in your area.

Click here.



Site Map
529 Plan Overview
State 529 Plans
529 Advisors
Obama 529 Plan
529 Plan Tax Benefits
College Cost Calculator
I Bonds
529 Plan Report

529 Blog