Kick off your college savings

Getting to the bowl game takes much practice and preparation. It’s the same with future educational goals.

my529 can give a boost toward that goal line, akin to a kickoff return touchdown to start the game (sound familiar?). Check out our offer below.

A special offer

If you are a Utah resident and open a new my529 account for a beneficiary new to my529 between now and January 16, 2023, and contribute at least $20 at opening, we’ll add a $20 contribution. Just use the promo code UUROSE23 when prompted at opening.

How to get the match

1. Open a my529 account between now and January 16, 2023.
2. Enter promotional code UUROSE23.
3. Contribute at least $20.
4. my529 will deposit $20 into your new account.

To qualify, the account owner must be a Utah resident and the beneficiary must be new to my529.

Enter your promotional code on step four of the account opening process, where you review your information.

What is a 529 plan?

529 plans are sponsored by states and educational institutions, and are authorized by Section 529 of the Internal Revenue Code.

Benefits of my529

529 plans provide important advantages.

• Earnings aren’t subject to federal or state tax when used for qualified higher education expenses, such as:
  • Tuition and mandatory fees.
  • Computers, peripheral equipment, educational software, and internet access.
  • Books, supplies, and required equipment.
  • Room and board for students enrolled at least half-time.

• Tax advantages. Utah taxpayers who are account owners can receive a tax credit for contributions to their my529 accounts up to a certain limit.
• Not just for Utah. my529 funds can be used nationwide at any college, university, or trade or technical school that is eligible for federal financial aid.

Other resources

• Contests and promotions. Utah students can enter one of our annual contests for a chance to win a $1,000 college savings scholarship account.

Spend a couple of minutes learning about my529, Utah’s official 529 college savings plan.

Watch this basic primer on saving for college with a 529 plan.