my529
my529 is recognized as one of the premier 529 college savings plans, having consistently earned a high Morningstar rating due to its robust plan structure and wide range of investment options. The Morningstar rating serves as an affirmation of the plan's low costs, quality investment offerings, and strong oversight, underlining my529's commitment to helping families save efficiently for future educational costs.
EnrollState Tax Incentive
5% tax credit on contributions of up to $2,040 single / $4,080 joint beneficiary (maximum credit of $102 single / $204 )
Program Manager
Utah Higher Education Assistance Authority
Investment Manager(s)
Vanguard
Plan type
Direct
Investments
Guided Investments
target-enrollment-portfolios
ESG Investments
Yes
Avg. expense fee
0.154%
Fee Range
0.140%-0.463%
Ratings
Backer Rating
Our rating is based on fees and tax savings advantages.
83%
for UT residents
74%
non-residents
Saving For College
Unbiased, independent resource for parents.
5
for UT residents
4.5
non-residents
Morningstar Rating
Once a year, the financial services firm Morningstar releases its 529 ratings.
Other
Connect with Mint.com
Track your finances in one place.
Yes
Connect with Backer
Full end to end enrollment, gifting and plan management.
Enrollment
Mobile app
Backer App covers this plan.
No
Plan in the news?
Check out latest news about this plan.
General Recommendation
This is a direct sold 529 plan, rated as gold by Morningstar.
