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Texas 529 plan: tax break and facts

Texas has no state tax break for 529 contributions, so you can pick any state's plan on fees and investments alone. Here are the facts on Texas's direct-sold 529 plan (the one you open yourself, without an advisor).

Plan
Texas College Savings Plan
Official site
https://www.texascollegesavings.com/
Program manager
Northern Lights Distributors (distributor) / Ultimus Fund Solutions (per plan site)
Expense ratio range
not found
Minimum contribution
not found
State tax break (2026)
None
Tax parity (any state's plan)
No
Max account balance
$500,000

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.

FAQ

Does Texas have a 529 tax deduction?

No state tax break for 529 contributions.

Do I have to use my own state's plan?

No. You can use any state's plan; you may lose your state's tax break if your state doesn't offer tax parity.

Estimates, not financial advice. Taxes, insurance, PMI and fees vary by lender, county and city; confirm with your lender, dealer and state agency before acting.