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5.29 Day Promo

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Offer Valid: 05/01/2024 - 05/31/2024
my529, Utah's educational savings plan
Utah residents can receive a matching contribution to their educational savings accounts
 
FOR IMMEDIATE RELEASE:
Contact:
Bryn Ramjoué, Marketing Director, 801-321-7110, press@my529.org
May 1, 2024
Release in PDF
 
(Salt Lake City) May 29 is National 5·29 Day. Join my529 during May as we celebrate the power of 529 plans to help
students achieve their educational goals.

For more than 25 years, my529 has been helping families save for education—including college, university, trade
school, technical college and graduate school. We support National 5·29 Day with a promotional offer to encourage
Utah residents to mark the occasion to kick-start an investment in the future.

A $40 promotion
To be eligible to receive a $25 matching contribution from my529, open an account for a beneficiary who is new to  
y529 and contribute $25 or more to the new account between May 1 and May 31, 2024. Use the code 529DAY24
during the account setup process. my529 will match the $25 contribution on or around June 12, 2024. Account
owners must be Utah residents.
The beneficiary does not need to be a Utah resident.

For an additional $15 from my529—a total of $40 including the initial $25 match—the account owner must set up
scheduled monthly contributions on the new account. The recurring contribution must occur for six consecutive
months to be eligible. my529 will contribute $15 to qualifying accounts on or around December 31, 2024, as long as
promotional funds are available.

Signing up is easy at my529.org.

How to use my529 funds
my529 funds can be used for qualified education expenses such as tuition and required fees, books, equipment,
computers, internet access, and room and board for students attending at least half time. Additionally, funds can be
spent on registered apprenticeships, student loan repayments up to certain limits, and K-12 tuition expenses up to
$10,000 annually for public, private, and religious schools.

When it’s time for postsecondary education, the use of my529 funds is not limited to Utah schools. Beneficiaries
can attend any eligible educational institution in the United States or abroad that is qualified to participate in federal
student aid programs.

Don’t let the news about rising higher education costs overwhelm you. Saving small amounts early and often can
add up over time and you can use my529’s College Savings Estimator to investigate various projections for future
college costs. Customize your inquiries—in-state, public, private—or even specific schools and generate a
personalized report with separate tabs for each future graduate.

About my529
my529, Utah’s official nonprofit 529 educational savings plan, is rated by Morningstar Inc. as one of only two plans
nationwide to earn the Analyst Rating™ of Gold. The 2023 award marks the 13th consecutive year my529 has earned
the investment research firm’s top rating.

Accounts are free to open, and my529 requires no minimum deposit or account balance. my529’s user-friendly
website, my529.org, makes it easy to open, manage, and contribute to an account online.

To learn more, visit my529.org, call toll-free at 800.418.2551, or email info@my529.org.

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.

Investments in my529 are not insured or guaranteed by my529, the Utah Board of Higher Education, 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 includes FDIC-
insured accounts as an underlying investment.

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.

my529 does not provide legal, financial, investment or tax advice. You should consult your own tax or legal advisor to
determine the effect of federal and state tax laws on your particular situation.

A Morningstar Analyst RatingTM 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.

This Hot Deal is promoted by Davis Chamber of Commerce.

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