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Utah Governor Declares September College Savings Month

Utah governor Gary Herbert signed a declaration officially proclaiming September as College Savings Month in the State of Utah. The Utah Educational Savings Plan (UESP), Utah’s 529 college savings...

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Improvements in Store for 529 Plans?

Looks like Washington is looking into a few enhancements of 529 plans, based on the findings from a report from the U.S. Treasury.  From TheStreet.com: Congress and the White House are working on new...

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Hurry – Deadline Thursday for 529 Plan Tax Breaks

A number of 529 plans offer upfront tax breaks to residents who invest in their own states’ plans.  Although some states give you until you file your state tax return to make contributions for 2009,...

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Utah 529 Plan Hits $3 Billion in Investments

Total assets in Utah’s 529 plans — Utah Educational Savings Plan (UESP) — have topped $3 billion, the organization announced.  This is thanks in part to rebounding stock markets, but also a 12.53%...

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Updates to 529 Plan Contribution Limits and Tax Deductions

Every year, a number of states make changes to their 529 plans.  It’s hard to keep up with all of these changes, but I do an annual review of the programs to update some of the most common changes:...

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Check Out the Sallie Mae High Yield Savings Account

We’re all trying to save for college.  But aside from your typical 529 plan, hopefully you’re counting on your traditional cash savings to help out.  The only problem is right now it’s probably earning...

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529 College Savings Day

Sure, it’s a marketing gimmick.  But it’s a good one to shed light on the importance of saving for college. May 29 has been deemed “529 College Savings Day”. Some 529 plan operators are holding...

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Utah 529 Gives $25 Gift to New Account Holders

The Utah 529 plan has a special Christmas gift for Utah residents that open a new account: a $25 bonus. Here are the details: Now is the best time to open a Utah Educational Savings Plan (UESP) college...

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Utah hits 200,000 529 plan account milestone

Utah announced today that it has hit a big milestone for the Utah 529 plan — 200,000 opened accounts. Here’s the press release: 200,000 Utah Educational Savings Plan Accounts Open and Saving for Higher...

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Investing in a 529 plan at Dow 15,000

I’ve been running the 529s.com site for many years, including through the economic meltdown we had. During that time I watched the Dow drop over 50%. The reaction by people considering 529 plans was...

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