January 02, 2024
Top 10 Rating by Savingforcollege.com
Alaska 529 was ranked #8 for 529 plan performance in the 1-year period, #6 in the 3-year period, #4 in the 5-year period, and #4 in the 10-year period as of 9/30/2023.
Savingforcollege.com conducts quarterly evaluations of the investment performance of thousands of 529 portfolios and ranks the plans based on the results. 1 According to Savingforcollege.com, the rankings are “…a helpful tool for families and financial professionals looking to compare college savings options.”
Savingforcollege.com has been the leading independent authority on 529 savings plans since 1999. The site compiles and analyzes data and creates content and tools to provide parents, financial professionals, and state policymakers with resources to help them understand how to meet the challenge of ever-increasing education costs.
Learn more about the advantages of investing with Alaska 529.
By clicking on any third-party hyperlink, you will leave the Alaska 529 site. Alaska 529 has not been involved in the preparation of the content from third-party providers and does not explicitly or implicitly endorse or approve such content. In addition, the plan does not alter or change such content as it is provided. The source of all content is clearly and prominently identified.
If you are not an Alaska resident, you should compare this Plan with any 529 plan offered by your home state or your beneficiary’s home state and consider, before investing, any state tax or other state benefits, such as financial aid, scholarship funds, and protection from creditors that are only available for investments in the home state’s plan. Please read and/or download the Plan Disclosure Document, which includes investment objectives, risks, fees, charges and expenses, and other information that you should read and consider carefully before investing, or call 1-866-277-1005 to request a paper copy. T. Rowe Price Investment Services, Inc., Distributor/Underwriter.
1Each quarter, Savingforcollege.com analyzes the investment performance figures for thousands of 529 portfolios, comparing the reported investment performance of a subset of portfolios from each 529 savings plan to produce their rankings. As of 9/30/2023, the rankings for Alaska 529 were: 8 out of 55, 6 out of 53, 4 out of 45, and 4 out of 35 for the 1-, 3-, 5-, and 10-year periods respectively.
Portfolios from direct-sold 529 plans are assigned to a specific asset allocation category. Within each category, portfolios are compared and ranked based on published investment returns. Separate rankings are produced for different performance periods (1-, 3-, 5-, and 10-year investment periods). An overall (or "composite") performance score is calculated for each 529 plan for a given performance period based on the plan's performance rankings for each asset allocation category, taking into account the varying returns among the different asset allocation categories. To produce the composite ranking for a plan, the plan's composite performance score is compared with the composite performance scores of all other 529 plans.
Past performance cannot guarantee future results. Current performance may be lower or higher than performance results used for these rankings, resulting in different rankings that may be lower than those shown.
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