Maryland 529, formerly College Savings Plans of Maryland provides flexible and affordable 529 plans to help Maryland families save for future education expenses and reduce dependence on student loans later.
Maryland 529 is an independent, non-profit State agency that offers two college saving plans to fit your family's needs:
Both plans are administered by the Maryland 529 Board which includes 11 members, half of whom are State officials and the other half of whom are public members appointed by Maryland’s Governor.
Both Plans are 529 plans. Each one has its own set of unique features and benefits, and both offer generous federal and Maryland State tax incentives. Plus, savings in either Plan can be used toward qualified higher education both inside and outside of Maryland.