About Us
About Maryland 529
Maryland 529 Overview
Maryland 529 consists of three savings plans - the Maryland Senator Edward J. Kasemeyer Prepaid College Trust, the Maryland Senator Edward J. Kasemeyer College Investment Plan and the Maryland ABLE Program. The Prepaid College Trust is closed to new enrollments. All three programs are administered by the Maryland State Treasurer.
The Maryland 529 plans are the only 529 plans that offer an annual Maryland State income subtraction, and any earnings and contributions can be used tax free for eligible qualified education* or qualified disability expenses.
*Distributions to pay for the qualified education loan of a sibling of the beneficiary, while federally tax-free, may be subject to State tax consequences.
Maryland 529's plans:
- Maryland College Investment Plan
The Maryland Senator Edward J. Kasemeyer College Investment Plan (also referred to as the College Investment Plan), launched in 2001 and is managed and distributed by T. Rowe Price, an investment management firm with more than 80 years' experience. The College Investment Plan is designed to help families give their children the freedom to pursue their dreams through saving for college, an apprenticeship, or trade school while helping limit the accumulation of debt.
- Maryland ABLE
The Maryland ABLE program launched in November 2017 and helps individuals with disabilities save money and pay for Qualified Disability Expenses without jeopardizing State or federal means-tested benefits such as SSI or Medicaid. The ABLE program is managed by Vestwell State Savings, LLC.
Our Mission
Our mission is to provide Maryland families flexible options to save for qualified education and disability-related expenses through our college savings and disability savings programs.
Our Vision
Maryland will become a state where all Marylanders have the opportunity to save in advance for future education and/or disability-related costs and thereby reduce their future reliance on loans.
Our Staff
For general inquiries about Maryland 529, please email: MD529@treasurer.state.md.us.
For Public Information Act requests, please contact: Michelle Winner, Director of Marketing
Senator Edward J. Kasemeyer
On May 8, 2018, Maryland Senate Bill 933 was signed into law renaming the Maryland Prepaid College Trust as the Maryland Senator Edward J. Kasemeyer Prepaid College Trust and the Maryland College Investment Plan as the Maryland Senator Edward J. Kasemeyer College Investment Plan. Retiring at the end of his term that year, Senator Kasemeyer had served in the Maryland General Assembly nearly continuously since 1983. He was one of the primary sponsors of the legislation that originated the Maryland college savings programs.
Edward J. Kasemeyer was born in Baltimore in 1945 and moved to Howard County in 1957 where he currently resides. He graduated from Western Maryland College, now McDaniel College in 1967 with a degree in political science. Mr. Kasemeyer served in the Maryland General Assembly for 32 years, 8 years in the House of Delegates and 24 years in the Senate.
Board Archive
Board Meeting Minutes Archive
Chapter 113 of the 2023 Laws of Maryland abolished the Board of the Maryland 529 Program and transferred administrative oversight of Maryland 529 to the State Treasurer's Office. Therefore, the documents provided below are for historical reference only.
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Board Meeting Minutes - February 23, 2023
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Board Meeting Minutes - January 30, 2023
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Board Meeting Minutes - December 19, 2022
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Board Meeting Minutes - December 8, 2022
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Board Meeting Minutes - December 1, 2022
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Board Meeting Minutes - October 27, 2022
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Board Meeting Minutes - October 17, 2022
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Board Meeting Minutes - September 9, 2022
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Board Meeting Minutes - August 19, 2022
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Board Meeting Minutes - July 15, 2022
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Board Meeting Minutes - June 23, 2022
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Board Meeting Minutes - May 19, 2022
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Board Meeting Minutes - April 28, 2022
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Board Meeting Minutes - March 24, 2022
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Board Meeting Minutes - February 23, 2022
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Board Meeting Minutes - December 16, 2021
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Board Meeting Minutes - November 18, 2021
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Board Meeting Minutes - October 29, 2021
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Board Meeting Minutes - September 17, 2021
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Board Meeting Minutes - June 25, 2021
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Board Meeting Minutes - April 15, 2021
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Board Meeting Minutes - April 1, 2021
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Board Meeting Minutes - February 23, 2021
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Board Meeting Minutes - December 17, 2020
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Board Meeting Minutes - November 19, 2020
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Board Meeting Minutes - October 29, 2020
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Board Meeting Minutes - October 19, 2020
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Board Meeting Minutes - September 10, 2020
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Board Meeting Minutes - August 3, 2020
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Board Meeting Minutes - June 25, 2020
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Board Meeting Minutes - April 30, 2020
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Board Meeting Minutes - April 6, 2020
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Board Meeting Minutes - March 9, 2020
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Board Meeting Minutes - February 20, 2020
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Board Meeting Minutes - December 23, 2019
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Board Meeting Minutes - December 5, 2019
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Board Meeting Minutes - November 21, 2019
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Board Meeting Minutes - October 29, 2019
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Board Meeting Minutes - October 17, 2019
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Board Meeting Minutes - September 19, 2019
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Board Meeting Minutes - July 30, 2019
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Board Meeting Minutes - June 6, 2019
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Board Meeting Minutes - February 7, 2019
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Board Meeting Minutes - December 19, 2018
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Board Meeting Minutes - November 16, 2018
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Board Meeting Minutes - October 26, 2018
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Board Meeting Minutes - September 20, 2018
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Board Meeting Minutes - June 12, 2018
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Board Meeting Minutes - April 24, 2018
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Board Meeting Minutes - February 23, 2018
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Board Meeting Minutes - January 25, 2018
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Board Meeting Minutes - December 21, 2017
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Board Meeting Minutes - December 7, 2017
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Board Meeting Minutes - November 27, 2017
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Board Meeting Minutes - October 26, 2017
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Board Meeting Minutes - September 28, 2017
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Board Meeting Minutes - August 31, 2017
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Board Meeting Minutes - August 8, 2017
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Board Meeting Minutes - June 22, 2017
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Board Meeting Minutes - May 25, 2017
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Board Meeting Minutes - March 30, 2017
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Board Meeting Minutes - February 23, 2017
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Board Meeting Minutes - December 9, 2016
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Board Meeting Minutes - September 29, 2016
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Board Meeting Minutes - August 25, 2016
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Board Meeting Minutes - June 23, 2016
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Board Meeting Minutes - March 17, 2016
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Board Meeting Minutes - December 23, 2015
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Board Meeting Minutes - December 10, 2015
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Board Meeting Minutes - September 24, 2015
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Board Meeting Minutes - August 27, 2015
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Board Meeting Minutes - June 24, 2015
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Board Meeting Minutes - May 28, 2015
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Board Meeting Minutes - May 19, 2015
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Board Meeting Minutes - May 6, 2015
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Board Meeting Minutes - April 30, 2015
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Board Meeting Minutes - March 20, 2015
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Board Meeting Minutes - December 11, 2014
Maryland 529 Annual Reports
Maryland 529, formerly the College Savings Plans of Maryland, publishes an Annual Report at the end of each fiscal year (June 30).
You can view the current and past year's Annual Reports and Summaries below.
Plan Policies and Disclosure Statements
College Investment Plan:
MCIP Disclosure Statement MCIP Investment Policy Statement MCIP Declaration of TrustPrepaid College Trust (closed to new enrollments):
MPCT Disclosure Statement MPCT Investment Policy StatementMaryland 529 Privacy Policy
Protecting the privacy of your personal information is important to us. The following paragraphs explain the procedures we have in place to protect this information.
Confidential Information.
Maryland law requires that the name and other information identifying a person as an account owner or beneficiary in the College Investment Plan be confidential. We recognize our obligation to keep information about you secure and confidential.
Collecting and Using Information.
Through your participation in the College Investment Plan, we collect various types of confidential information you provide in your new account enrollment, such as your name and the name of your beneficiary, Social Security numbers or tax identification numbers, residential and email addresses, and demographic information. We also collect confidential information relating to your College Investment Plan transactions such as account balances, contributions, distributions, and investments. We do not sell information about current or former account owner, custodians, and/or beneficiaries to any third parties, and we do not disclose it to third parties unless necessary to process a transaction, service an account, as otherwise permitted or required by law, or with your consent. We may, however, share this information with companies that perform administrative or marketing services for us or with a research firm we have hired. When we enter into these relationships, our contracts restrict the companies' use of your information, prohibiting them from sharing or using it for any purposes other than those for which they were hired.
Electronic Communications.
If you sign up for paperless services online, we will notify you by email about important Plan information or that documents, including account statements, transaction confirmations, and Disclosure Statements (or related supplements), are available. For account statements and transaction confirmations, the email notification will prompt you to log in to your account at Maryland529.com. We may archive these documents online for a certain number of years, but you should print any account information that you wish to retain on a permanent basis. Copies of account statements and confirmations can also be obtained by contacting us for up to six years following the date of the statement or confirmation.
Marketing Opt-Outs.
We may in the future use information about you to identify and alert you to other Maryland 529 programs that might interest you. If you do not wish to receive this type of information, please call 888.4MD.GRAD (463.4723).
Protection of Information.
We maintain physical, electronic, and procedural safeguards to protect the information about you that we collect or use. These include restricting access to those individuals who have a need to know the information such as those who service your account, resolve problems, or inform you of additional products or services where appropriate.
Continuing Disclosure.
The State Treasurer has agreed to provide the Program Manager any continuing disclosure documents and related information as required by Rule 15c2-12(b)(5) adopted under the Securities Exchange Act of 1934.
In the Community
Where you can find us.
You can find the Maryland 529 team at a variety of community events for information about the Maryland College Investment Plan and the importance of saving for future education.
Some of these events include:
- Community Resource Fairs and Festivals
- Back to School Fairs, and PTA/PTO Meetings
- Employer Benefits Fairs, Financial Literacy Fairs, and Information Sessions
- College Savings and Education Conferences
Request a Speaker
To request a speaker or your group and/or organization, please complete the form below. We will contact you to confirm the date, time, and location.
* Required field
Contact Us
Maryland College Investment Plan
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1-888-4MD-GRAD (1-888-463-4723), Option 1
Monday-Friday 8:00 am to 8:00 pm
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Maryland College Investment Plan
PO BOX 55913
Boston, MA 02205-5913
Maryland Prepaid College Trust
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For General Inquiries or Existing Account Holders:
mpctquestions@mdprepaidcollegetrust.com -
1-888-4MD-GRAD (1-888-463-4723), Option 2
Monday-Friday 8:00 am to 5:00 pm
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Maryland Prepaid College Trust
PO Box 44257
Jacksonville, FL 32231
Maryland 529
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For general inquiries about Maryland 529:
MD529@treasurer.state.md.us -
Maryland 529
217 E. Redwood Street
Suite 1350
Baltimore, MD 21202
Public Information Act (PIA) Requests
The PIA grants you the right to review the available records that are disclosable and to obtain copies of those records. It does not require an agency to answer informational questions or to create a record to satisfy your request.
Please send PIA requests to:
Michelle Winner
Director of Marketing
mwinner@treasurer.state.md.usProcurement Opportunities
Request for Proposal (RFP) for Maryland 529 Audit Services for FY 2025 - FY 2026
RFP #MD529-FY25-004 ISSUE Date: September 24, 2024 QUESTIONS DUE DATE: November 8, 2024 - 2:00 PM EST PROPOSAL DUE DATE: November 19, 2024 - 2:00 PM EST
Click here to download the RFP.
Click here to download the Financial Proposal Form.
Only PCAOB registered firms are eligible to respond to this solicitation.
Learn more about the Maryland procurement process.
Learn More