Section 529 of the Internal Revenue Code of 1986 authorized states to create two types of college savings programs: college savings plans and prepaid tuition plans.
The CollegeCounts 529 Fund is a qualified tuition program under Section 529 of the Internal Revenue Code that is offered by the State of Alabama. CollegeCounts makes it easy for parents, grandparents, family and friends to invest in the next generation. The program is simple, offers significant tax advantages, requires no minimum contribution and allows for easy to set up automatic contributions. Learn More.
The Alabama Prepaid Affordable College Tuition (PACT) Program is a Section 529 prepaid college tuition program administered by the State of Alabama Treasurer’s office and has been closed to enrollment since 2008. Learn More or Access Your Account.