my529 offers a diverse menu of investment options.

Twelve options are Enrollment Date. Ten are static, or fixed. Two options are customizable. Each option uses a different investment strategy. Choose the option that works best for you.

Two customized options

  • You can create a unique investment allocation from the underlying investments that my529 offers.
  • The customized allocation can be age-based or static.
  • The Internal Revenue Service allows you to make two option changes in a calendar year without triggering tax consequences.
Option Description Fee Range
Customized Age-Based The account owner determines the investment allocations for each of 10 preset age brackets; money is automatically reallocated to a new investment allocation when the beneficiary ages to the next bracket. This option is rebalanced on the beneficiary’s birthday to preserve the original asset allocation targets. 0.140% to 0.490%
Customized Static The account owner determines the investment allocation. The target allocation is fixed unless the owner requests a change. This option is rebalanced on the beneficiary’s birthday to preserve the original asset allocation targets. 0.140% to 0.490%


my529’s asset-based fee structure has two parts:

  • The Underlying Fund Expense of each underlying investment
  • The Administrative Asset Fee

Learn more about fees.

Underlying investments

Depending on which investment option you select for your account, my529 invests your contributions in a combination of Vanguard Group and Dimensional Fund Advisors mutual funds, the PIMCO Interest Income Fund, or the FDIC-insured accounts held in trust at Sallie Mae Bank and U.S. Bank. Collectively, these funds and accounts are referred to as underlying investments. The my529 account owner does not own shares of any underlying investment. Instead, the account owner owns my529 units issued by my529.

Investment returns for my529 investment options

View current and historical investment option returns.

Past performance is no guarantee of future returns. Your investment could lose value.

Risks and Other Considerations

Choose carefully. Your investment could lose value. The value of your my529 account may vary depending on market conditions and the performance of the investment option you select. It could be more or less than the amount you contribute.

You assume all investment risks, including potential for loss of principal as well as responsibility for any federal and/or state consequences. Accounts are opened based on representations by you and with your express agreement to the Terms and Conditions of the my529 Account Agreement.

You should consider the risks associated with each investment option in light of your financial situation, investment goals, and the length of time you will hold your investment before making a qualified withdrawal. Please read the my529 Program Description for complete information about each option.

Information on this website does not supersede the information in the my529 Program Description and the actual written contracts and agreements that establish my529 accounts.