Ohio CollegeAdvantage 529 review

Ohio CollegeAdvantage is the most gift-friendly plan in this list. Ohio taxpayers can deduct up to $4,000 per beneficiary per year and carry the excess forward, and because the cap is per beneficiary, a grandparent who opens an account for each grandchild gets a separate deduction for each one, even when the grandchildren live in other states. You can open online with as little as $25, which is also the minimum per deposit, and choose ready-made target enrollment or risk-based portfolios. A Fifth Third Certificate of Deposit option is available for savers who want bank protection, with a $500 minimum. The maximum account size is $555,000 per beneficiary across all accounts. Relatives can contribute through a Ugift code without opening their own account. It ranks last here because its fee table loads in a format our checker could not read, so we could not confirm a single fee figure, and the $4,000 cap is smaller than Illinois's or New York's deductions.

Who it is for

Ohio families and grandparents

Price

$25 minimum per deposit; asset-based fees by portfolio.

You can open your 529 account online in minutes with as little as $25.
Quoted from the vendor pricing page on November 14, 2026.

Key features

• Open online with as little as $25; the minimum is $25 per deposit
• Ohio tax deduction up to $4,000 per child, per year, with carryforward of the excess
• Target enrollment and risk-based portfolios
• Fifth Third Certificate of Deposit option with a $500 minimum
• Maximum account size of $555,000 per beneficiary across all accounts

Strengths and weaknesses

• Strength: Ohio grandparents get a deduction for each grandchild's account
• Strength: Ugift codes let relatives contribute without opening their own account
• Strength: Bank CD option for savers who want principal protection
• Weakness: Fees sit in a table our checker could not read, so we could not confirm a single fee figure
• Weakness: $4,000 deduction cap is lower than Illinois or New York
• Weakness: $25 minimum per deposit

Key facts

• Minimum deposit: $25
• State deduction: Up to $4,000 per beneficiary per year (OH taxpayers)
• Account maximum: $555,000 per beneficiary
• CD option minimum: $500

Where it ranks

Ohio CollegeAdvantage 529 is No. 9 in our Best 529 Plans verdict.