Save Now to Give Your Child More Options Later
Higher education can lead to a better job and better pay. You can give your child more options when it’s time for higher education by planning ahead for future education expenses. Start saving now by opening a NextGen 529 account!

Josslyn
Windham, ME

Sophia & Amany
Vassalboro & Augusta, ME

Holly & Liam
Scarborough, ME
Introducing Year of Enrollment Portfolios
We’re transitioning our current Age-Based Enrollment portfolios to Year of Enrollment portfolios, to help current and future savers manage risk with additional flexibility. During the transition, there will be a program-wide trading blackout period beginning October 19, 2023.
Maine Taxpayers—New for 2023!
Contributions made in 2023 to a 529 account, of up to $1,000 per student, may be eligible for a Maine state income tax deduction.
Which 529 Account Is Right for You?
NextGen 529 offers two types of accounts
GRANTS FOR MAINE RESIDENTS
It’s Good to Be a Mainer
There’s grant money available for Maine residents. These grant programs can really boost your savings.1
$500 Alfond Grant for Maine Babies
$100 Initial Matching Grant
$100 Automated Funding Grant
30% NextStep Matching Grant
“As a CERTIFIED FINANCIAL PLANNER™ practitioner, I understand the importance of saving early. I’ve been inspired by a lot of my clients who have 529 accounts for their kids and grandchildren. I hope to provide a similar benefit to my kids to fund their education. “

Caleb J Warren
Hampden, ME
COLLEGE SAVINGS GUIDE
Planning Ahead Makes All the Difference
Education after high school can open a world of possibility for you or your child. It can also seem a little overwhelming at times. To help you get started, we’ve pulled together a series of articles that will teach you the ins and outs of saving and paying for education after high school.

BrokerCheck by FINRA
1Grants for Maine Residents are linked to eligible Maine accounts. An Alfond Grant recipient is eligible to receive the $100 Initial Matching Grant if the minimum required initial contribution is made before the beneficiary’s first birthday. Upon withdrawal, grants are paid only to institutions of higher education. See Terms and Conditions of Maine Grant Programs for other conditions and restrictions that apply. Grants may lose value.
2The Alfond Grant is not automatic in all circumstances and is also available in limited other circumstances. The use of the Alfond Grant is also subject to certain restrictions – see Alfond Grant Guidelines.
USRRMH0923U/S-3114314