College financial wellness

Future in focus

You’re working towards the goal of graduating. Classes, papers and activities may fill up your schedule. Let my529, Utah’s educational savings plan, help with the financial aspect.

Do you have a my529 account?

Ask your parent or guardian if you are the beneficiary of a my529 account. View the short video below for a quick introduction to my529.

If you have a my529 account, what expenses are covered?

Tuition, room and board, books, supplies and even the internet and computers! For a complete list on what’s covered, visit our qualified education expenses page.

You can sign up for an account online now, even with yourself as the beneficiary if you are at least 18 years old.

open an account

Did you know that my529 offers a prepaid card to use to pay your qualified education expenses?

The my529 Access Card is a convenient and secure way for my529 account owners and beneficiaries to use money withdrawn from their my529 account to pay for qualified education expenses. The card can be used at select merchants for in-store and online purchases where Discover is accepted. For more information on access cards, visit our FAQ page..

Did you know you can make an electronic payments directly to the school to pay tuition?

my529 offers a secure, electronic payment service that allows account owners to send an expedited withdrawal to higher education institutions. The convenient, trackable service can be used to pay expenses like tuition, fees, room and board. The funds arrive at the school within approximately two to three business days.

Are you close to college graduation or have already graduated?

Do you have leftover funds in your my529 account?

You can:

  • Use leftover funds for additional education, such as a graduate degree.
  • Invest your leftover funds for the next generation. If you’re 18 or older, you could open a my529 account and start saving now for your future child. View the video below for information on how to contribute.
  • Start saving for retirement. SECURE 2.0, a new federal law, allows funds from an established 529 account to be transferred tax-free to a Roth IRA owned by the beneficiary of the 529 account.
Find out more information on the SECURE 2.0 Act.

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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.

my529 does not pay commissions, loads or sales charges to financial advisors nor does it endorse financial advisors.

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