Arkansas 529 plan: tax break and facts

Arkansas taxpayers can get a state tax deduction for contributing up to $5,000 (single) or $10,000 (joint) a year, and it applies to any state's 529 plan. Here are the facts on Arkansas's direct-sold 529 plan (the one you open yourself, without an advisor).

What Arkansas law says

Arkansas allows a deduction for contributions made to an Arkansas 529 plan or a 529 plan established in another state. The taxpayer may not deduct the 529 plan contribution to the other state program if the amount was deducted in another state or on the thero state’s income taxes. The total deduction allowed for a 529 plan is limited to $5,000 per taxpayer and if the 529 plan is established in another state the deduction is limited to $3,000. The deductible contributions for a 529 plan established in another state that is rolled over to an Arkansas 529 plan is limited to $7,500 per taxpayer in the tax year in which it is rolled over (Ark. Code Ann. 6-84-111).

Summary of state law from the ICI 2025 state tax survey; it may predate 2026 changes.

2026 limits and parity: Savingforcollege. Manager, fees and minimum: only when stated on the plan's homepage text we read (2026-10-12); otherwise 'not found'. Check the plan's disclosure document for exact fees.