Feel good about saving with Oklahoma 529

A message from the Oklahoma State Treasurer's Office

Saving for a child’s education is a key goal for most families. With the rising cost of tuition, it’s more important than ever to have access to smart financial options that will help you pay for the cost of a quality education.

That’s why we’re proud to sponsor the Oklahoma 529. As Oklahoma’s official 529 education savings plan, it offers state tax advantages available only to Oklahoma taxpayers. Moreover, the Oklahoma 529 makes it easy for families looking to save for education expenses. Below are some of the advantages:

Low Minimums. Start saving with as little as $25 and make additional contributions of $25 or more whenever you like.

Tax Benefits. In addition to an Oklahoma income tax deduction, earnings can grow deferred from federal and state income tax, which can really help your savings add up. Withdrawals are also free from federal and state tax when used for qualified education expenses.

Flexibility. Qualified expenses include not just tuition but certain room and board costs, computers and related technology expenses, books, fees, and equipment. Plus, funds can be used at any accredited university, college, or community college worldwide, as well as K-12 tuition up to $10,000 per year and apprenticeship programs registered and certified with the Secretary of Labor under the National Apprenticeship Act.¹

We encourage you to find out more about Oklahoma 529 here on this site. If you have additional questions, please contact us.

• Helping families save for college since 2000
• Overseen by the Oklahoma Board of Trustees and chaired by the Oklahoma state treasurer.
• More than 83,000 families trust Oklahoma 529 with their education needs (as of 12/31/2022)
• Oklahoma 529 is a 2022 Morningstar medalist²