Building Utah

Speaking on Business: my529

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Synopsis

This is Derek Miller, Speaking on Business. For three decades, my529 has helped families save for future education costs. Since 1996, Utah’s official 529 plan has supported students and families along the way. Marketing Specialist, Jenny Sass, joins us with more about their newest program. Jenny Sass: This year my529, Utah’s official 529 plan, celebrates 30 years of helping families save for the cost of higher education. I’d like to introduce incentiFive, a program by my529, designed specifically for new Utah parents to help develop a college savings habit. Here’s how incentiFive works: The family contributes at least 100 dollars every year for the first five years to their child’s my529 account. In return, my529 will contribute 100 dollars annually for the first four years and 529 dollars in the fifth year. Participating in the incentiFive program could result in a total incentive contribution of 929 dollars from my529. It’s simple, it’s effective, and it’s exclusively for Utah families. Visit my529.org