my529 offers a diverse menu of investment options—14 in all.
Four options are age-based. Eight are static, or fixed. Two options are customizable. Each option uses a different investment strategy. Choose the option that works best for you.
Eight static options
- Unlike age-based options, static investment options do not change their allocations as your beneficiary ages.
- You can change your account to a more conservative investment option as your beneficiary ages.
- The Internal Revenue Service allows you to make two option changes in a calendar year without triggering tax consequences.
|Equity—100% Domestic||All account money is allocated to a domestic equity fund.||0.180%|
|Equity—30% International||30 percent of account money is invested in a developed markets index fund that invests mainly in foreign equity funds; 70 percent is invested in a domestic stock market index fund. This option is rebalanced on your beneficiary’s birthday to preserve the original asset allocation targets.||0.189%|
|Equity—10% International||10 percent of account money is allocated to an international index fund that invests mostly in foreign equity funds; 90 percent is invested in domestic index funds. This option is rebalanced on your beneficiary’s birthday to preserve the original asset allocation targets.||0.189%|
|70% Equity/30% Fixed Income||70 percent of account money is allocated to domestic and international equity funds; 30 percent to fixed-income funds. This option is rebalanced on your beneficiary’s birthday to preserve the original asset allocation targets.||0.192%|
|20% Equity/80% Fixed Income||20 percent of account money is allocated to equity funds; 80 percent to fixed-income funds and the FDIC-insured accounts. This option is rebalanced on your beneficiary’s birthday to preserve the original asset allocation targets.||0.196%|
|Fixed Income||All account money is allocated between three fixed-income funds. This option is rebalanced on your beneficiary’s birthday to preserve the original asset allocation targets.||0.150%|
|Public Treasurers’ Investment Fund||All account money is allocated to the Utah Public Treasurers’ Investment Fund.||0.000% (Utah resident)
0.160% (non-Utah resident)
|FDIC-Insured||All account money is allocated to the FDIC-insured accounts held in trust by my529 at Sallie Mae Bank and U.S. Bank.||0.160%|
my529’s asset-based fee structure has two parts:
- The Operating Expense Ratio of each underlying investment
- The Administrative Asset Fee
Learn more about fees.
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 Public Treasurers’ Investment 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
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.