Feel good about saving with Oklahoma 529
With flexible investment options, compound earnings, and tax advantages, it’s no wonder so many Oklahomans save for college with Oklahoma 529.
A message from Randy McDaniel, Oklahoma State Treasurer
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
I encourage you to find out more about Oklahoma 529 here on this site. If you have additional questions, please contact us.Thank you for your interest. I hope you and your family will choose Oklahoma 529 to invest in your child’s future.
Oklahoma 529, managed by TIAA-CREF Tuition Financing, Inc. a wholly owned subsidiary of TIAA.
TIAA-CREF Tuition Financing, Inc manages our wide array of 529 investment options.
- Pioneer in the 529 plan space and proven leader
- Manages a wide array of 529 investment options
- Serves families and their more than 1.5 million accounts, helping them save more than $35 billion for college (as of 6/30/2022).
- TIAA is a Fortune 100 financial services organization founded in 1918.
Give us a call877-654-7284
Monday – Friday
7:00 AM – 7:00 PM CT
For those with a hearing impairment, please contact us at the number above via a relay service. Language translation services available upon request.
PO Box 219249
Kansas City, MO 64121-9249