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Advisor tools
Benefits for your clients
By encouraging clients to invest with my529, you are showing them your commitment to building a thoughtful education investment portfolio. You are also demonstrating your sound financial judgment, not only with investing, but also with tax policy and fee management.
Key benefits of my529:
- Diversified, low-cost investment options using Vanguard and Dimensional funds, and FDIC-insured accounts.
- Tax-deferred growth.
- Tax-free withdrawals for qualified higher education expenses, including K-12 tuition expenses.
- No minimum investment requirements or startup fees.
- Easy online and automated contribution options.
- Simple rollover process.
- Utah state income tax credits for Utah taxpayers.
![](https://my529.org/wp-content/uploads/2022/10/962717560_group-at-table_LPOA-crop-1024x831.jpg)
Benefits for advisors
my529 has many ways to assist you in guiding your clients toward their goal of saving for qualified higher education expenses, including K-12 tuition expenses.
Key features:
- Open accounts online for multiple clients at the same time.
- Limited power of attorney allows you to view and manage accounts. Set it up for clients at the same time you open their my529 accounts.
- Data integration solutions allow you to seamlessly link your client’s my529 account to your portfolio management system.
- Powerful online access simplifies the process.
- A robust set of investment options, including customizable investment options, allows you to effectively guide your clients as they choose their best investment strategy.
- Customized calculator makes it easy to build education investment portfolios and save templates for future clients.
- Forms and documents can be completed online or downloaded as PDF files.
- A professional services team to assist you is only a phone call away at 888.529.1886.
- my529 earned Morningstar’s Analyst Rating™ of Gold for 2023. It was the 13th straight year my529 won Morningstar’s highest honor.
Limited power of attorney access levels
The account access granted by an account owner/agent to a financial/tax advisor is limited to the authority as shown.
![](https://my529.at.lovecomm.net/wp-content/uploads/2022/07/FA-Levels.png)
1Withdrawal checks may be made payable only to the account owner, the beneficiary, or an eligible educational institution. my529 will not issue checks to other parties. Account owners can link a bank account to receive electronic deposits from my529 account withdrawals initiated online by financial advisors.