meet your goals with systematic saving.

You could receive a $100 contribution.§

Learn More

SOME GIFTS LAST A SEASON.

The gift of education can last a lifetime.

Learn More

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.

Distribution Information
GoTuition® Gifting Portal
Education Planning Center
Account Holder Forms
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 Monthly Contributions (AMC) and/or payroll direct deposit and you could receive $100 in contributions. §

 

Automatic monthly contributions and payroll direct deposit can go a long way in maximizing your savings potential and meeting your goals.

 

  • Get started with $25 per month or more.
  • Increase contribution amounts at any time.
  • Make at least one systematic contribution through AMC or payroll direct deposit by December 31, 2023 and you may receive a $100 incentive contribution in 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 and make at least one systematic contribution of $25 or more during the 2023 calendar year. Qualifying acccount relationships could receive a $100 contribution for their 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 or decides to invest in multiple portfolios during the eligibility window, the incentive will be applied equally across the portfolio(s) that are funded at the end of the calendar year. 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 after 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 a systematic contribution is received by December 31, 2023 and you have at least one funded account at the end of the calendar year.

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.

College Savings Planner
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*. 

Learn more about saving a PFD
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:

 

  • Track historical performance and personal rate of return.
  • Paperless statements and plan disclosure documents.
  • Online distributions.
  • GoTuition® gifting portal.

 

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 and request a distribution to your postsecondary school via check.
  • 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.
  • The mailing address to send payments.

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.

Enroll Today

Account Holder Forms

ACCOUNT SERVICES

Use this form to add or change:

 

  • Contact or bank information
  • Automatic Monthly Contributions
  • Account successor (PDF Only)
Complete Online
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.

Complete Online
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. Distributions made payable and mailed directly to a school can now be requested online or using the PDF form.

Complete Online
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.

Complete Online
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.

ROLLOVER TO ROTH IRA

Request a rollover from your Alaska 529 account to the beneficiary's Roth IRA.

TRANSFER BETWEEN ACCOUNTS

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

1-888-4-ALASKA

P.O. Box 17300, Baltimore, MD 21297-1300

info@Alaska529plan.com

1-888-4-ALASKA

P.O. Box 17300

Baltimore, MD 21297-1300

info@Alaska529plan.com

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.

§Certain restrictions apply; see terms and conditions for details and eligibility requirements. 

 

Dash to Save and Dash to Save More are trademarks of the Education Trust of Alaska.

 

GoTuition and GoTuition design are trademarks of T. Rowe Price Group, Inc.

 

*Certain restrictions apply; see the full Official Rules for details.

 

+While distributions from 529 college savings plans for elementary or secondary education tuition expenses are federally tax-free, state tax treatment will vary and could include state income taxes assessed, the recapture of previously deducted amounts from state taxes, and/or state-level penalties. You should consult with a tax or legal advisor for additional information. 

 

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