my529, Utah's 529 college savings plan, offers a Target Enrollment Date option with 12 portfolios, 10 Static or Fixed Income options, and two Customizable options. Underlying funds include Vanguard and Dimensional mutual funds, the PIMCO Interest Income Fund account and FDIC-insured accounts held at Sallie Mae Bank and U.S. Bank. my529 is a direct-sold 529 college savings plan available to residents of any state. my529 offers investment options consisting of Vanguard and Dimensional mutual funds, the PIMCO Interest Income Fund account and FDIC-insured accounts held at Sallie Mae Bank and U.S. Bank. Utah residents may enjoy a state tax credit for contributions to the plan.
- Program typeSavings
- Inception1996
- State agencyUtah Education Savings Board of Trustees.
- Tax deduction
- Program ManagerUtah Education Savings Board of Trustees.
- Program distributorNot applicable.
Investment Options
Investors in my529 can select from the following investment options. Click on a portfolio name for more information.
Sometimes referred to as the enrollment-based option, this is an investment approach where your asset allocation is programmed to change over time. Accounts for young beneficiaries are invested aggressively and accounts for beneficiaries with college right around the corner are invested much more conservatively. In some 529 plans, the age-based option operates by automatically transferring your investment from one static portfolio to another at certain points in time. Others utilize lifecycle funds or employ lifecycle-type tactics within the portfolio containing your investment so that it is not necessary to transfer your investment between portfolios.
| Portfolio | E.R. | %Â Equity | 1YR Performance |
|---|---|---|---|
| Target Enrollment 2040/41 | 0.14% | 100% | 16.63% |
| Target Enrollment 2038/39 | 0.14% | 100% | 16.67% |
| Target Enrollment 2036/37 | 0.14% | 90% | 15.37% |
| Target Enrollment 2034/35 | 0.14% | 80% | 13.8% |
| Target Enrollment 2032/33 | 0.14% | 70% | 12.08% |
| Target Enrollment 2030/31 | 0.14% | 60% | 10.43% |
| Target Enrollment 2028/29 | 0.14% | 50% | 8.83% |
| Target Enrollment 2026/27 | 0.14% | 40% | 7.24% |
| Target Enrollment 2024/25 | 0.15% | 30% | 5.63% |
| Target Enrollment 2022/23 | 0.15% | 20% | 4.23% |
| Enrolled | 0.15% | 10% | 2.25% |
| Target Enrollment 2042/43 | 0.14% | 100% | N/A |
