Welcome Insider’s Forum attendees!

Welcome! We are honored to be sponsoring the 2024 Insider’s Forum and are excited to share information to help your clients save for qualified education expenses.

Find out more at our Financial Advisors page.

If you’re interested in an introductory meeting, set one up today with our Professional Services Team:

A special offer for Insider’s Forum attendees

If your client opens a my529 account for a beneficiary new to my529 between September 16, 2024, and October 18, 2024, and contributes at least $20 at opening, we’ll add a $20 match. Just use the promo code IFCO2024 as shown below.

How to get the match

  1. Open a my529 account between September 16, 2024, and October 18, 2024.
  2. Enter promotional code IFCO2024 on step four of the account-opening process, where you review your information.
  3. Contribute at least $20.
  4. my529 will deposit $20 into your new account.

To qualify, the beneficiary must be new to my529.

Type in the code in the promotion section when opening a new account.

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. Of the nation’s 529 plans, my529 is the third-largest direct-sold plan in the nation and comes highly rated by Morningstar.

Benefits of my529

529 plans provide important advantages.

Your clients don’t have to live in Utah to own or be the beneficiary of a my529 account. Funds can be used at any eligible educational institution in the U.S. or abroad that qualifies to participate in a federal student financial aid program; see complete list at fafsa.ed.gov.

To learn more about the expenses covered by a my529 plan, see our Qualified Expenses page.

For more information on what tax benefits may apply to your clients’ my529 accounts check out this map of state tax benefits.

Do your clients have questions or misconceptions about my529?

Watch the video below for an exploration of the common misconceptions clients may have about my529.

Related Topics

who can participate

Who Can Participate?

my529 low fees

my529’s Low Fees

tax advantages

Tax Advantages

qualified expenses

Qualified Education Expenses

college planning center

College Savings Estimator

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Important Legal Notice

Investing is an important decision. The investments in your account may vary with market conditions and could lose value. Carefully read the Program Description in its entirety for more information and consider all investment objectives, risks, charges and expenses before investing. For a copy of the Program Description, call 800.418.2551 or visit my529.org.

Account Value. Investments in my529 are not insured or guaranteed by my529, the Utah Board of Higher Education, the Utah Education Savings Board of Trustees, any other state or federal agency, or any third party. However, Federal Deposit Insurance Corporation (FDIC) insurance is provided for the FDIC-Insured investment option. In addition, my529 offers investment options that are partially insured for the portion of the respective investment option that that includes FDIC-insured accounts as an underlying investments. Units in my529 have not been registered with the United States Securities and Exchange Commission or with any state securities commission.

FDIC insurance is subject to limits set by federal law. Click here for more information about FDIC Insurance.

Non-Utah Taxpayers and Residents. The state in which you or your beneficiary pay taxes or live may offer a 529 plan that provides state tax or other benefits, such as financial aid, scholarship funds, and protection from creditors, not otherwise available to you by investing in my529. You should consider such benefits, if any, before investing in my529.

Consult an advisor. my529 does not provide legal, financial, investment, or tax advice, and the information provided on this website does not contain advice and cannot be construed as such or relied upon for those purposes. You should consult your own tax or legal advisor to determine the effect of federal and state tax laws on your particular situation.

Morningstar rating. A Morningstar Analyst Rating™ for a 529 college savings plan is not a credit or risk rating. Analyst ratings are subjective in nature and should not be used as the sole basis for investment decisions. Morningstar does not represent its analyst ratings to be guarantees. Please visit Morningstar.com for more information about the analyst ratings, as well as other Morningstar ratings and fund rankings.

my529 does not pay commissions, loads or sales charges to financial advisors nor does it endorse financial advisors.

Information on this website is believed to be accurate when posted and is qualified in its entirety by the Program Description.