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Utah 529

Utah does not offer it's own Able plan. If you live in Utah, these might be good options for you to save for college. These programs are designed to help make college more affordable - so that you can get the education you need. Utah offers one 529 college savings plan, a direct plan called the Utah Educational Savings Plan.

Utah allows state residents to take a tax credit for annual contributions they make to any Utah 529 plan from their state income taxes. There is an annual tax credit limit of 5% on up to $2,070 in contributions per beneficiary for an individual taxpayer and 5% on up to $4,140 in contributions per beneficiary for married taxpayers filing jointly.

If you live in Utah, these might be good options for you to save for college. These programs are designed to help make college more affordable - so that you can get the education you need. Utah offers one 529 college savings plan, a direct plan called the Utah Educational Savings Plan.

2021-02-05

The Balance does not provide tax, investment, or financial services and advice. The information is being presented without consideration of the investment objectives, risk tolerance or financial circumstances of any specific investor and might not be suitable for all investors. Investments in my529 are not insured or guaranteed by my529, the Utah Board of Higher Education, the Utah Higher Education Assistance Authority or any other state or federal agency. Your investment could lose value.

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It is important to note that your child does not have to go to a UT college or university in order to use this savings account. 529 plan funds can be used at any accredited college or … my529, formerly named Utah Educational Savings Plan (UESP), is a direct-sold 529 college savings plan available to residents of any state.
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Timezone: MST. Find More information about Salt Lake City, Utah at wikipedia State, Utah. County, Salt Lake 529 N 1000 W, SALT LAKE CITY UT 84116.

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