Boost Your Child’s Savings: Get Up to $50 and a Chance at a $2,000 Scholarship!
With graduation right around the corner, thoughts of what next and college loom large in many parents minds. If you have younger students, it’s a great time to about their future. Whether your child is crawling in the living room or walking across the graduation stage, saving for education is one of the greatest gifts you can provide.
Utah’s my529 is the state’s official, nonprofit 529 educational savings plan. It is nationally recognized for its low fees and flexible investment options. Best of all, the funds can be used for more than just four-year universities—they can cover tuition at technical colleges, trade schools, and even K-12 tuition.
This month, my529 is offering two incredible opportunities to help your savings grow even faster:
The 5.29 Day Promo: Get Up to $50!
To celebrate their 30th anniversary, my529 is offering a special match for Utah residents:
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Open a new account during the month of May and receive a $30 promotional match.
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Go the extra mile: If you set up a recurring contribution for at least six consecutive months, you are eligible for an additional $20.
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That’s a total of $50 in promotional funds just for starting your savings journey!
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Learn more: my529 website
Book Your Summer: Win a $2,000 Scholarship
Reading pays off—literally! The annual "Book Your Summer" scholarship contest is back from May 1 through July 31.
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How to enter: Simply visit your local Utah public library and register for their summer reading program.
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Once registered, you can enter for a chance to win a $2,000 my529 scholarship account for your child.
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Learn more: Book Your Summer
Why choose my529?
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Tax Advantages: Earnings grow tax-deferred, and withdrawals are tax-free when used for qualified education expenses. Utah residents may also be eligible for a state income tax credit or deduction.
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Low Cost: my529 is known for having some of the lowest fees in the country, meaning more of your money goes toward education.
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Flexible: Use the funds for tuition, books, computers, and even room and board.
Don’t miss out on these limited-time May offers. Start small, dream big, and take advantage of these promotions to invest in your child’s tomorrow!