529 COLLEGE SAVINGS PLANS
OklahomaDream 529 Plan
Find out how you can offer families a path to meeting their educational savings goals with an OklahomaDream 529 Plan, sponsored by the State of Oklahoma and managed by Fidelity.
![](/-/media/project/institutional/promo/944812_promo.jpg?iar=0&hash=6802A4823FF89FC77CEFB8AE0805B888)
You can give families the financial freedom to pursue a higher education
Families want the best for their children and grandchildren, to see them realize their life's ambitions. Education is integral to their success, and while paying for college could be one of the largest expenditures families may incur, it just might be the best investment a family can make.
Tax advantages for Oklahoma residents
With the OklahomaDream 529 Plan, Oklahoma residents may:
- Deduct up to $10,000 of taxable income annually from Oklahoma state income taxes ($20,000 for joint filers).
- Qualify for an Oklahoma state income tax deduction for the prior calendar year on contributions made up until April 15.1
- Deduct amounts contributed from the donor's Oklahoma state income tax in the succeeding five years, so long as the contributions weren't deducted in the year in which they were made.
OklahomaDream 529 Plan
OklahomaDream 529
FA 529
529 Workplace
2024 College Savings Indicator Study
529 College Savings Advisor
Want to know more?
Let's talk about advisor-managed 529 plans for your clients.
![](/-/media/project/institutional/promo/919973_promo.jpg?h=964&iar=0&w=1446&hash=3482B7C5835BA6BA2173AF95E372AC8E)
Do you have clients looking to enhance their employee benefits program? The OklahomaDream 529 Workplace Program makes saving for college easier for employees and their families—at no enrollment cost to the employer.
![](/-/media/project/institutional/promo/pdap_promo.jpg?h=964&iar=0&w=1446&hash=5379E44C9B91162CDBDD099261DDBCDF)
Earn unlimited 2% cash back on every eligible net purchase2 when you redeem your Reward Points as a deposit into an eligible Fidelity-managed 529 account.
There's no annual fee. And the card has no Reward Point caps or limits, and Points do not expire.2
![](/-/media/project/institutional/promo/rd_rr_9902020_promo.jpg?h=964&iar=0&w=1446&hash=BCA1FE1571075D92F83917CBC4583846)
Gifting into 529 plans
Your clients’ savings could get a boost when friends and family give gifts to their 529 accounts. Account savings have the potential to grow faster when grandparents, relatives, and friends can contribute.
College savings tools & calculators
Quickly illustrate different planning scenarios for your clients so you can help them reach their college savings goals.
College Savings Planner
Obtain a personalized projection of your clients' future college costs by entering their child's age, the type of college they're saving for, and their household income.
Learn more
![](/-/media/project/institutional/promo/rd_13569_44074_promo.jpg?iar=0&hash=22870D208A14CE0376CF3DFBC999EC01)
State Tax Deduction Calculator
Quantify your clients' state tax deductions or credits over the long term, given their planned contributions, taxable income, and filing status. Clients can weigh this factor alongside investment performance contribution limits and other variables.
Learn more
![](/-/media/project/institutional/promo/rd_13569_44076_promo.jpg?iar=0&hash=9EF380CA0CDD27FCC554AEE54FDB71B6)
Financial Aid Calculator
Determine your client's Expected Family Contribution (EFC) for the school year ahead based on their family details, income, savings, and investments.
Learn more
![](/-/media/project/institutional/promo/rd_9895035_promo.jpg?iar=0&hash=04734E6F5045DDF6A81394C4FAA9E06E)
Explore our latest research & insights
![](/-/media/project/institutional/wide/rd_9895516_wide.jpg?h=748&w=2244&sc_lang=en&hash=323533D6E208CF757493D8FA350D8B36)
![](/-/media/project/institutional/wide/3361728_wide.jpg?h=748&w=2244&sc_lang=en&hash=073B3807E918ACA0683716E3DD073040)
![](/-/media/project/common/images/_wide/rd_9916548_wide.jpg?h=748&w=2244&hash=2B1A5A5874FBE90BCEFD3C0C9AE1278C)
Please note that 529 plans may have certain fees and expenses including but not limited to annual maintenance fees, sales charges, deferred sales charges, administration, state, and management fees, and underlying fund expenses. Please consider these fees as well as the investment risks when investing in a 529 plan.
1. Deductions for the same contribution may not be recognized over multiple tax years.
2. You will earn 2 Points per dollar in eligible net purchases (net purchases are purchases minus credits and returns) that you charge. Account must be open and in good standing to earn and redeem rewards and benefits. Upon approval, refer to your Program Rules for additional information. You may not redeem Reward Points, and you will immediately lose all of your Reward Points, if your Account is closed to future transactions (including, but not limited to, due to Program misuse, failure to pay, bankruptcy, or death). Reward Points will not expire as long as your Account remains open. Certain transactions are not eligible for Reward Points, including Advances (as defined in the Agreement, including wire transfers, travelers checks, money orders, foreign cash transactions, betting transactions, lottery tickets and ATM disbursements), convenience checks, balance transfers, unauthorized or fraudulent charges, overdraft advances, interest charges, fees, credit insurance charges, transactions to fund certain prepaid card products, U.S. Mint purchases, or transactions to purchase cash convertible items. The 2% cash back rewards value applies only to Points redeemed for a deposit into an eligible Fidelity® account. The redemption value is different if you choose to redeem your Points for other rewards such as travel options, merchandise, gift cards, and/or statement credit. Other restrictions apply. Full details appear in the Program Rules new card customers receive with their card. Establishment or ownership of a Fidelity® account or other relationship with Fidelity Investments® is not required to obtain a card or to be eligible to use Points to obtain any rewards offered under the program other than Fidelity Rewards.
The creditor and issuer of this card is Elan Financial Services, pursuant to a license from Visa U.S.A. Inc.
Fidelity and Elan Financial Services are separate companies.
Investing involves risk, including risk of loss. You may gain or lose money over time. For individual fund-specific risks, click on each fund’s name to navigate to the fund details page.
The OklahomaDream 529 Plan is sponsored by the State of Oklahoma and managed by Fidelity Investments. OklahomaDream 529 Plan accounts are not insured by any state, federal government or any federal agency. Furthermore, neither the principal nor any investment return is guaranteed by any state, federal government or any federal agency.
If you or the designated beneficiary is not an Oklahoma resident, you may want to consider, before investing, whether your state or the designated beneficiary's home state offers its resident alternate state tax advantages or other state benefits such as financial aid, scholarship funds, and protection from creditors.
Units of the Portfolios are municipal fund securities and are subject to market fluctuation and volatility.