April 2023

April 2023

my529 and the markets, Part 2

my529’s investment options are built with index funds, which track market indexes like the S&P 500 and the Russell 3000. Read more.

Major payoff: How much is a degree worth?

What level of postsecondary education is your child interested in pursuing? Their path may change, but a discussion with this context could inform them about the prospective value of education. Read more.

Book your way out of summer boredom

The Book Your Summer reading award is a partnership between my529, Utah’s educational savings plan, and the Utah State Library. Read more.

Targeted Enrollment Date portfolios to be updated

One of the appeals of my529’s Target Enrollment Date (TED) investment option is how an account owner can select a certain portfolio, invest regularly and then, essentially, let the option do its thing. Read more.

Underlying fund expenses change for 8 Customized offerings

Several funds that correspond with the my529 single-fund portfolios offered in the Customized investment options have updated their underlying fund expenses.  Read more.

Extra credit: Tax benefit limits raised


Utah has raised the maximum my529 contribution amounts eligible for a state tax credit. Read more.

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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.

Consult an advisor. my529 does not provide legal, financial, investment, or tax advice, and the information provided on this website does not contain advice and cannot be construed as such or relied upon for those purposes. You should consult your own tax or legal advisor to determine the effect of federal and state tax laws on your particular situation.

Morningstar rating. A Morningstar Analyst Rating for a 529 college savings plan is not a credit or risk rating. Analyst ratings are subjective in nature and should not be used as the sole basis for investment decisions. Morningstar does not represent its analyst ratings to be guarantees. Please visit Morningstar.com for more information about the analyst ratings, as well as other Morningstar ratings and fund rankings.

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Information on this website is believed to be accurate when posted and is qualified in its entirety by the Program Description.