my529 Utah Educational Savings Plan
my529 is Utah’s official 529 educational savings plan. my529 has been helping families across the United States invest for higher education for 30 years. my529 funds may be used for qualified education expenses, which include tuition, fees, books and supplies, as well as K-12 expenses; qualified education loan repayments (up to certain limits); qualified postsecondary credentialing programs; and registered apprenticeships.
529 Plan Overview
- Earnings aren’t subject to federal or state tax when used for qualified higher education expenses.
- Withdrawals are exempt from federal and state income tax if the funds are used to pay for qualified education expenses, which include tuition, fees, books and supplies, as well as K-12 expenses; qualified education loan repayments (up to certain limits); qualified postsecondary credentialing programs; and registered apprenticeships.
- Tax credits on contributions.
- Enrollment is open all year.
- Account owners—not the beneficiary—control their accounts.
- There are no age, income, or residency restrictions.
- My529 fees are among the lowest in the 529 industry.
- Plans typically offer a range of investment options.
- Withdrawals can be used at any eligible higher education institution.
- Funds from my529 can be used for college, university, post-secondary vocational or technical school, or graduate school. Funds can be used for K-12 expenses.
- Saving is less costly than borrowing.
- my529 FAQ
- my529 special offer for USU
- What is my529?
- How to contribute to a my529
- How/where to use funds
- Tax advantages of a my529 account
- my529 misconceptions
Contact Information for my529
- Phone: 1 (800) 418-2551
- Fax: 1 (800) 214-2956
- Email: info@my529.org
- Mailing Address: PO Box 145100, Salt Lake City UT 84114-5110
Recent Activity
Plant your college savings
Are your investments on track to meet your goals to pay for higher education? The my529 College Savings Estimator is a free and easy tool to customize your savings scenario to predict and compare costs among various higher education options.
With the my529 College Savings Estimator you can explore:
- Where can your hard-earned dollars go the farthest in higher education?
- Are your contributions on track with your higher education plans?
- How do financial costs compare among your favorite schools?
After calculating, you can decide how best to meet your goals. my529 offers an interactive Investment Options page to explore which selections could work with your higher education plans.
Investing is an important decision. The investments in your account may vary with market conditions and could lose value. Carefully read the Program Description in its entirety for more information and consider all investment objectives, risks, charges and expenses before investing. For a copy of the Program Description, call 800.418.2551 or visit my529.org.