Plan Costs:
T. Rowe Price has their plans priced in a very acceptable range for Section 529 savings plans. In fact, none of their investment options cost more that 1% per year, with the average cost being closer to .90%.They do charge a $25 annual account fee, but this fee is waived if your child’s account balance is above $25,000 or your balance across all accounts is more than $75,000.
Investment Options:
There are definitely Section 529 savings plans with more investment options than the Alaska plan, but they still offer a solid group of choices comprised of well-known T. Rowe Price funds.T. Rowe Price offers eight age-based portfolios that become more conservative as your child’s enrollment date nears. They also offer five static portfolios that remain 100% invested in a specific asset class for the life of the plan.
As with most plans, you are permitted to change your investment option once per year.
