The Arizona Family College Savings Plan is a state sponsored 529 plan designed to provide a parent, grandparent or future student an opportunity to save for educational expenses in a tax-deferred manner. The State of Arizona also provides an annual Arizona state income tax deduction for 529 plan contributions of up to $2,000 for individual tax filers, and up to $4,000 for married couples filing jointly.
The Arizona Family College Savings Plan is not insured by the State of Arizona or any of the program providers. Neither the principal deposited nor the investment return is guaranteed by the State of Arizona or the program providers.