A plan for future educational goals

Children naturally explore the world around them. Consider investing with my529
to help your kids go wherever their exploration takes them.

A special offer for parents

If you are a Utah resident and open a new my529 account for a beneficiary new to my529 between January 22, 2024, and December 31, 2024, and contribute at least $20 at opening, we’ll add a $20 contribution. Just use the promo code 2024ONC as shown below.

How to get the match

  1. Open a my529 account between January 22, 2024, and December 31, 2024.
  2. Enter promotional code 2024ONC.
  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.

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Tax Advantages

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Qualified Expenses

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College Savings Estimator