Alaska 529 is committed to helping you reach your education goals every step of the way.
Score big with the Dash to Save MoreTM incentive program, an exciting offer from Alaska 529 designed to help you meet your education savings goals. Sign up for systematic savings through Automatic Montly Contributions (AMC) and/or payroll direct deposit and you could receive up to $100 in contributions. §
Automatic monthly contributions and payroll direct deposit can go a long way in maximizing your savings potentials and meeting your goals.
Saving with Automatic Monthly Contributions and/or payroll direct deposit is a simple, effective way to build your account. Ready to get started?
The Dash to Save More incentive program is designed to help you reach your education savings goals by encouraging systematic investment in your Alaska 529 account through AMC and/or payroll direct deposit.
Each account must have a unique account holder/beneficiary relationship enrolled in AMC and/or payroll direct deposit of $25 or more on a monthly basis from July 1, 2022 through December 31, 2022. Qualifying acccount relationships could receive:
There are no residency or age restrictions for the account holder or the beneficiary.
Yes, as long as you meet the eligibility requirements for the Dash to Save More incentive program
In the event the account holder exchanges from one portfolio to another option during the eligibility window, contributions to both the originating and receiving portfolios may be considered to determine eligibility. If the originating portfolio is fully liquidated in the exchange, the incentive will be paid to the receiving portfolio. If the originating portfolio is not fully liquidated, the incentive will be paid to the originating portfolio. This guideline will also apply in the event of a portfolio roll as described in the Plan Disclosure Document.
The contributions will be paid in February of the year after they are earned. You will be notified at year-end if you have met the eligibility requirements for the Dash to Save More incentive program.
Yes, if you are currently enrolled in either AMC or payroll direct deposit with a monthly contribution of $25 or more you may be eligible as long as the systematic contributions are made from July 1, 2022 through December 31, 2022.
Use the College Savings Planner to estimate future education expenses and to help predict the amount you may need to save by the time your child is ready to enroll.
You can directly invest 50% or 100% of your child's PFD into an Alaska 529 account. When you contribute 50% of a PFD through the PFD application, you are automatically entered to win a $25,000 scholarship account*.
Online account access is an easy and secure way to manage your Alaska 529 account. Once enrolled, enjoy benefits such as:
Log in now to get started.
Access your money anytime with our simple distribution processes. Choose the method that is easiest for you:
To expedite the distribution process, make sure you have the following:
Please allow up to two weeks for processing and mail time prior to your payment deadline.
Account holders have full control over the account and authorize any distributions.
Distributions used to cover qualified expenses at eligible higher education institutions are federally tax-free.+ Such expenses include:
• Tuition and mandatory fees.
• Books, supplies, computer technology, and equipment required for enrollment or attendance.
• Room and board for any academic period in which the beneficiary is enrolled at least half time.
• Certain expenses required for special needs students.
In addition, distributions used for payment of fees, books, supplies, and equipment required for certified apprenticeships are also federally tax-free. For more information about qualified distributions, check IRS Publication 970.
You can use $10,000 per year per beneficiary for tuition expenses at K–12 public, private, or religious schools. Please note that depending on your state of residence, families may have to pay state income taxes on K–12 distributions.
You can use $10,000 lifetime maximum per beneficiary or their sibling for a qualified education loan repayment.
To determine how many University of Alaska Portfolio Credits you have in your account, check your quarterly statement. You can log in to view a copy of your statement or call us at 1-800-478-0003 to get this information.
You do not need to submit proof of education expenses when requesting a distribution, but you should keep your receipts to substantiate your expenses to the IRS. It is the account holder's responsibility to retain all records for tax purposes.
With the cost of education on the rise, the ability to reach your education savings goals can seem daunting. But it doesn't have to be. With the GoTuition gifting portal, you can open up possibilities for gift-giving with family and friends. The GoTuition gifting portal makes it easy to ask family and friends to give to your account in lieu of traditional gifts for birthdays, graduations, and holidays. It's convenient and rewarding for gift-givers to give a gift that will last a lifetime.
The Education Planning Center is a free, online tool that helps you plan, save, and succeed throughout your child’s education journey.
Get started today. Log in to your Alaska 529 account, click on the Education Planning Center tile, and follow the instructions to sign up.
For questions regarding the Education Planning Center, please select the Help button in the lower right-hand corner of the portal and provide your name and email and the area of concern or assistance that is needed. A member of the support team will reach out to you within 24 to 48 hours.
Use this form to add or change:
Use this form to add or change:
Use this slip to send Alaska 529 contributions by mail.
Use this form to:
Use this form to establish direct deposit contributions into an existing account such as:
Use this form to request a distribution two weeks prior to need. University of Alaska Portfolio distributions as well as distributions made payable and mailed directly to a school must be requested using the PDF form.
Use this slip to make a gift contribution to an existing Alaska 529 account.
Use this form to request a refund of your contribution made through the PFD into an Alaska 529 account.
Use this form to roll over assets directly from another qualified 529 plan to an Alaska 529 account.
Use this form to transfer assets between two Alaska 529 accounts.