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These T. Rowe-Run 529s Are Head of the Class

Alaska's T. Rowe Price College Savings Plan and the Maryland College Investment Plan, both rated Gold, benefit from a well-diversified mix of strategies and a thoughtful step-down in equity allocation.

Leo Acheson: Alaska'sT. Rowe Price College Savings Plan and the Maryland College Investment Plan stand out as truly exceptional 529 offerings. The plans are nearly identical to one another. T. Rowe Price serves as a program manager for both, which means it is responsible for the investments in the plans. It has done a good job building out the investment options.

More specifically, T. Rowe Price's asset-allocation group, which manages the firm's well-known target-date series, designed both of the plans. That's a benefit to begin with, as the group has proven its expertise in asset allocation.