2025 year-end tax credit and deadline info

2025 tax year deadlines

Contributions must be received at my529 by the following transaction deadlines to qualify for the 2025 tax year. Any transactions received by my529 after these year-end deadlines will count toward the 2026 tax year. You can send forms (some are DocuSign eligible) to info@my529.org.

  • Online processes must be received on the deadline before 11:59 p.m. MT.
  • Manual processes must be received on the deadline before 5 p.m. MT.
TransactionOnline Process Deadline1Manual Process Deadline2
ContributionsWednesday, December 31, 2025Wednesday, December 31, 2025
New AccountsWednesday, December 31, 2025Wednesday, December 31, 2025
WithdrawalsWednesday, December 31, 2025Wednesday, December 31, 2025
Investment Option ChangesWednesday, December 31, 2025Wednesday, December 31, 2025
Incoming RolloversN/AWednesday, December 31, 2025
Transfers (between accounts with the same account owner)Wednesday, December 31, 2025Wednesday, December 31, 2025
Transfers (between accounts with the different account owner)N/AWednesday, December 31, 2025
Outgoing RolloversN/AWednesday, December 10, 2025
1. Must be received by my529 before 11:59 p.m. MT.
2. Must be received by my529 before 5 p.m. MT.

Tax credit details

Depending on their tax-filing status, Utah taxpayers can claim a 4.5% tax credit or deduction up to a certain limit per qualified beneficiary for contributions to their my529 account. (The Utah tax credit received is equal to contribution amount, up to a certain limit, multiplied by 0.045.)

Tax FilerMaximum Allowable Contribution for a Utah State Income Tax CreditMaximum Utah State Income Tax Credit per Beneficiary (4.5%)
Single$2,490$112.05 per beneficiary
Joint$4,980$224.10 per beneficiary
Trusts$2,490$112.05 per beneficiary
Grantor Trust, Married Filing Jointly$4,980$224.10 per beneficiary
Flow Through Entity $2,490$112.05 per beneficiary
Corporation$2,490$2,490 (Deduction) per beneficiary

Access this table as an image.

From the FAN — December 2025

December 2025 FAN

my529 earns top industry rating for 15th consecutive year
2025 year-end tax credit and deadline info
Qualified education expenses expand with recent legislation
my529 expands Docusign acceptance policy

Using my529’s College Savings Estimator to encourage saving early and often
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Important Legal Notice

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.

Account Value. Investments in my529 are not insured or guaranteed by my529, the Utah Board of Higher Education, the Utah Education Savings Board of Trustees, any other state or federal agency, or any third party. However, Federal Deposit Insurance Corporation (FDIC) insurance is provided for the FDIC-Insured investment option. In addition, my529 offers investment options that are partially insured for the portion of the respective investment option that that includes FDIC-insured accounts as an underlying investments. Units in my529 have not been registered with the United States Securities and Exchange Commission or with any state securities commission.

FDIC insurance is subject to limits set by federal law. Click here for more information about FDIC Insurance.

Non-Utah Taxpayers and Residents. The state in which you or your beneficiary pay taxes or live may offer a 529 plan that provides state tax or other benefits, such as financial aid, scholarship funds, and protection from creditors, not otherwise available to you by investing in my529. You should consider such benefits, if any, before investing in my529.

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