Money

Best 529 College Savings Plans

Updated March 2026 · Top 5 plans compared · See how we ranked these

When my first kid was born, someone told me to open a 529 plan. I nodded, said "yeah totally," and then didn't do it for 18 months because I had no idea which one to pick.

There are over 100 different 529 plans. Every state has at least one. Some are great. Some charge fees that eat your returns alive. The difference between a good plan and a bad one can cost you tens of thousands of dollars over 18 years.

I spent a weekend comparing them so you don't have to. Here's what matters.


The short answer

If your state gives you a tax deduction for 529 contributions, use your state's plan first. If not (or if your state's plan is expensive), use Utah's my529 or Nevada's Vanguard 529. They have the lowest fees and best investment options in the country.

How much should you save?

Plug in your kid's age and we'll tell you how much to put away each month.

Open the 529 calculator

Quick comparison

PlanTotal feesIndex fundsBest for
Utah my529 Top pick0.10-0.20%VanguardBest overall, any state
Nevada Vanguard 5290.13-0.17%VanguardSimplest setup
New York 529 Direct0.12-0.17%VanguardNY residents (tax deduction)
California ScholarShare0.08-0.43%TIAA-CREFCA residents
Illinois Bright Start0.07-0.37%VanguardIL residents (tax deduction)
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Dad Math: How We Ranked These

Every ranking on Dadzilluh uses a simple scoring system. No black boxes. Here's what we weighed:

30%
Investment options — Can you pick low-cost index funds, or are you stuck with expensive ones?
30%
Fees — Total annual cost including fund expense ratios. Every 0.1% matters over 18 years.
20%
State tax benefit — Does your state give you a tax deduction for contributing? (Not all do.)
20%
Ease of setup — Can you open the account and start contributing in one sitting?

Top pick

Utah my529

Dad Math: 9.4 / 10 Price: 0.10-0.20% total annual fees

Best for: Any family in any state. The gold standard.

Utah's my529 has been the top-rated 529 plan for years, and for good reason. The fees are the lowest in the country. The investment options are all Vanguard index funds, the same ones financial advisors recommend. You can build a custom portfolio or pick an age-based option that automatically gets more conservative as your kid gets closer to college. The only downside: if you don't live in Utah, you miss the state tax deduction. But the low fees usually more than make up for it.
What we like

✓ Lowest fees of any 529 plan

✓ 100+ Vanguard index fund options

✓ Customizable age-based portfolios

✓ Open to residents of any state

Watch out for

— No state tax deduction unless you live in Utah

— So many options it can feel overwhelming

— Website design is... functional

Try Utah my529
Dad Math: 9.0 / 10 Price: 0.13-0.17% total annual fees

Best for: Families who want 'set it and forget it' simplicity.

If Utah's plan feels like too many choices, Nevada's is the antidote. Three age-based portfolios. Pick the one that matches your kid's age. Done. The funds are Vanguard, the fees are low, and you'll never think about it again. I almost picked this one for its simplicity alone. It's the 529 equivalent of the Chase Freedom Unlimited: not the absolute highest return, but the one you'll actually stick with.
What we like

✓ Three simple age-based options (that's it)

✓ All Vanguard index funds

✓ Very low fees

✓ Clean, simple interface

Watch out for

— Fewer investment choices than Utah

— No state tax deduction for non-Nevada residents

— Can't customize much beyond the three options

Try Nevada Vanguard 529
Dad Math: 8.8 / 10 Price: 0.12-0.17% total annual fees

Best for: New York residents who want the tax deduction.

If you live in New York, this is your plan. The state gives you a tax deduction of up to $10,000 per year ($5,000 for single filers) on 529 contributions. That saves you roughly $600-800/year in state taxes depending on your bracket. The investment options are Vanguard index funds with low fees. The tax savings alone make this better than Utah's plan for NY residents.
What we like

✓ Up to $10K state tax deduction for NY residents ($5K single)

✓ Vanguard index funds

✓ Competitive fees

✓ Age-based and individual fund options

Watch out for

— Tax deduction only matters for NY taxpayers

— Not as many fund choices as Utah

— Slight fee edge to Utah on some portfolios

Try New York 529 Direct Plan

Do you even need a 529?

If you plan to help pay for your kid's college, yes. The tax benefits are real. Your money grows tax-free, and withdrawals for education expenses are tax-free too Source: IRS Publication 970, Tax Benefits for Education . That's a better deal than a regular brokerage account where you'd pay capital gains tax on the growth.

How much difference does that make? If you invest $300/month for 18 years at a 7% return, you'll have about $130,000. In a taxable account, you'd owe roughly $10,000-15,000 in capital gains tax on that growth. In a 529, you owe $0. That's a free semester of college just from the tax benefit.

What if my kid doesn't go to college?

This used to be a real concern. Starting in 2024, you can roll unused 529 funds into a Roth IRA Source: SECURE 2.0 Act, Section 126 for the same beneficiary, up to $35,000 lifetime. So if your kid gets a scholarship, goes to trade school, or skips college entirely, the money isn't trapped. It becomes retirement savings.

You can also change the beneficiary to another family member at any time. Second kid, niece, nephew, even yourself if you want to go back to school.

How much should you save?

The average cost of 4 years at a public university is about $110,000 including room and board Source: College Board, Trends in College Pricing 2025 . For private universities, it's over $230,000. Those numbers go up every year.

You don't have to cover 100%. Even saving 50-70% puts your kid in a massively better position than most. Use the 529 calculator to see what monthly contribution gets you to your target.


About these links: This page contains informational links to 529 plan websites. Dadzilluh does not currently earn commissions on 529 plan signups. We include this topic because it's one of the most important financial decisions young dads make. Rankings use Dad Math. Plan details accurate as of March 2026.

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