USAA 529 College Savings Plan

The USAA 529 Education Savings Plan is a 529 plan available in Nevada that provides families with a vehicle for saving for higher education expenses. One unique aspect of this plan is its affiliation with USAA, a well-known financial services company that offers a range of financial products and services. The plan offers a variety of investment options, including age-based portfolios and individual fund options, allowing account holders to customize their investment strategy. It provides tax advantages, such as tax-free growth and tax-free withdrawals for qualified education expenses. Additionally, Nevada residents may be eligible for a state income tax deduction for contributions made to the plan, providing additional savings incentives.

Enroll

State Tax Incentive

No state income tax

Program Manager

Ascensus

Investment Manager(s)

USAA

Plan type

Direct

Investments

Guided Investments

age-based

ESG Investments

No

Avg. expense fee

0.275%

Fee Range

0.18%-0.80%

Ratings

Backer Rating

Our rating is based on fees and tax savings advantages.

35%

for NV residents

35%

non-residents

Saving For College

Unbiased, independent resource for parents.

4

for NV residents

4

non-residents

Other

Connect with Mint.com

Track your finances in one place.

No

Connect with Backer

Full end to end enrollment, gifting and plan management.

Gifting Only

Mobile app

Backer App covers this plan.

No

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General Recommendation

This is a direct sold 529 plan, not rated by Morningstar.