MAKE THE MOST OF YOUR ACCOUNT WITH OUR TOOLS AND RESOURCES.

Alaska 529 is committed to helping you reach your education goals every step of the way.

IT'S GOOD TO HAVE GOALS

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.

 

  • Get started with $25 per month or more.
  • Increase contribution amounts at any time.
  • Contribute systematically from July 1, 2022 through December 31, 2022 and you may receive a $50 contribution for adding AMC to your account and/or a $50 contribution for adding payroll direct deposit to your account.

 

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:

 

  • A $50 contribution for your AMC participation.
  • A $50 contribution for your payroll direct deposit participation.

 

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.

PUT YOUR SAVINGS IN MOTION.

 

HOW MUCH SHOULD YOU SAVE?

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.

SAVE YOUR PFD FOR EDUCATION

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*. 

Enroll in Online Access

Online account access is an easy and secure way to manage your Alaska 529 account. Once enrolled, enjoy benefits such as:

 

  • Paperless statements and plan disclosure documents.
  • Online distributions.
  • GoTuition® gifting portal.
  • Education Planning Center.

 

Log in now to get started.

REQUESTING A DISTRIBUTION

Access your money anytime with our simple distribution processes. Choose the method that is easiest for you:

 

  • Log in to your account online.
  • Speak with an Education Savings Specialist at 1-800-478-0003.
  • Complete a Distribution form and submit it by mail.
  • Distributions from the University of Alaska Portfolio must be made by phone or by completing the Distribution form.

 

To expedite the distribution process, make sure you have the following:

 

  • Information needed to identify your Alaska 529 account.
  • The amount you want to distribute.
  • The beneficiary's student ID number.

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.

ASK FOR THE GIFT OF EDUCATION

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 GOTUITION® GIFTING PORTAL LETS YOU:
  • Create a personalized page to share with friends and family through social media, text and email messages, or party invitations.
  • Allow family and friends to give from their bank account with the gifting portal without any banking fees.
  • Maintain and update your child’s profile based on birthdays, milestones, or to show off new school photos.
  • Track gifts received through the gifting portal.

 

To get started, log in to your Alaska 529 account or view our GoTuition Guide for detailed information.

KEEP YOUR EDUCATION SAVINGS ON TRACK

The Education Planning Center is a free, online tool that helps you plan, save, and succeed throughout your child’s education journey.

 

 

THE EDUCATION PLANNING CENTER LETS YOU:
  • Receive grade-specific, step-by-step guidance from birth to graduation with passports tailored to the age of your child.
  • Compare the costs of different schools with the Family Financial Center and track your progress toward meeting your savings goals.
  • Use powerful search engines to find schools and scholarships that best fit your child’s interests and academic profile.
  • Stay on track with outbound email reminders for admissions and scholarships, ensuring that no one misses a critical deadline.

 

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.

Account Holder Forms

ACCOUNT SERVICES

Use this form to add or change:

 

  • Contact or bank information
  • Automatic Monthly Contributions
  • Account successor (PDF Only)
Beneficiary/ Portfolio Change

Use this form to add or change:

 

  • Account beneficiary
  • Portfolio investments

 

 

 

Contribution

Use this slip to send Alaska 529 contributions by mail.

custodian

Use this form to:

 

  • Remove the custodian
  • Rename the custodian as account holder
  • Change the custodian while the beneficiary is still under 18
Direct deposit

Use this form to establish direct deposit contributions into an existing account such as:

 

  • Payroll deductions
  • Full PFD contributions
  • Tax refunds
DISTRIBUTION

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.

Gift contribution

Use this slip to make a gift contribution to an existing Alaska 529 account.

NEW ACCOUNT AGREEMENT

Use this form to open a new account. Please review the Plan Disclosure Document before completing the New Account Agreement.

PFD REFUND

Use this form to request a refund of your contribution made through the PFD into an Alaska 529 account.

ROLLOVER

Use this form to roll over assets directly from another qualified 529 plan to an Alaska 529 account.

TRANSFER BETWEEN ACCOUNTS

Use this form to transfer assets between two Alaska 529 accounts.