Utah's my529 Can Help Build Financial Wellness

my529 is Utah’s official 529 educational savings plan. The plan has been helping families across the United States invest for education for more than 25 years. my529 funds may be used for qualified education expenses, including K-12 tuition expenses, qualified education loan repayments and registered apprenticeships.

Every dollar you save is one dollar you won’t need to borrow and then pay back with interest. For example, if you saved toward a goal of $10,000, you'd save yourself more than $7,500 in interest payments.

In times like these with rising inflation, economic uncertainties, and global conflicts, saving both regularly and strategically is one of the healthiest habits you can create for yourself. Aside from having adequate investments for retirement, having funds for education is a critical piece to financial well-being. An easy way to build your wellness when it comes to educational savings is by setting up an account with my529, Utah’s educational savings plan.

Find out more HERE. And check out their website for helpful financial tips like, "Small ways to save money" and, "$1 + $1 = Family fun with financial literacy".

Contact: Bryn Ramjoue’, my529 Marketing Director, bramjoue@my529.org