Invest529 (Virginia529) review

Invest529 has the most transparent fee page in this list: every portfolio is broken into an asset management fee and a 0.042% administrative fee, with totals dated 10/31/2026. Total Stock Market Index and Total Bond Market Index both come to 0.062% a year, target risk index portfolios run 0.067% to 0.072%, and target enrollment portfolios range up to about 0.30%. The plan charges no fee for online applications, annual maintenance, qualified withdrawals or changing investments, and you can start with $10. Virginia taxpayers can deduct up to $4,000 per account per year, carry any excess forward without limit, and deduct the full amount once they reach age 70. The menu also includes principal protected choices such as Tuition Track and an FDIC-Insured portfolio at 0.000%. What keeps it out of first place are service fees: $50 for a paper application, $25 to roll over to another 529 and $10 to change the account owner.

Who it is for

index investors and Virginia taxpayers

Price

No application, maintenance or qualified withdrawal fees; index portfolios from 0.062% a year; $10 to start.

Invest529 does not charge fees for: Online applications Annual maintenance Withdrawals for qualified education expenses
Quoted from the vendor pricing page on November 14, 2026.

Key features

• Index portfolios such as Total Stock Market Index at a 0.062% expense ratio as of 10/31/2026
• Target Enrollment, Target Risk, Index, Principal Protected and Specialty portfolios
• Virginia taxpayers can deduct up to $4,000 per account per year with unlimited carryforward
• Account owners age 70 and above can deduct the entire amount contributed in one year
• Get started with $10

Strengths and weaknesses

• Strength: No online application fee, no annual maintenance fee and no fee on qualified withdrawals
• Strength: Tuition Track and FDIC-Insured portfolios show a 0.000% expense ratio
• Strength: Every portfolio's expense ratio is published on one fees page
• Weakness: Service fees apply: $50 for a paper application and $25 to roll over to another 529
• Weakness: A 0.042% administrative fee is added to most portfolios
• Weakness: Tuition Track is aimed at Virginians

Key facts

• Minimum to start: $10
• Lowest index expense ratio: 0.062% (Total Stock Market, Total Bond Market)
• State deduction: Up to $4,000 per account per year, unlimited carryforward (VA taxpayers)
• Rollover out fee: $25

Where it ranks

Invest529 (Virginia529) is No. 3 in our Best 529 Plans verdict.