A 529 Education Savings Plan is a tax-advantaged way to invest for a student’s education. You can use your investment for K-12 tuition or higher education expenses such as tuition, enrollment fees and course materials.
It’s easy to invest in a 529 plan. After opening an account, you contribute money, decide between available investment options and your money grows in a tax advantaged way. That means your 529 plan savings plan benefits from tax deferred growth. So, any return that you earn on your investment is not subject to federal income taxes as long as it’s used for qualified education expenses.
What are qualified education costs?
You can use the money that you save for qualified education expenses, including tuition to attend a college or university, trade school or vocational school as well as housing costs and other costs, such as education-related books and supplies.
Your 529 plan savings can also be used for K-12 tuition of up to $10,000 per student per year.
Open a new 529 account and you could earn a $100 Investment Bonus
529 Plans are not subject to federal income taxes when used for qualified education-related expenses.
Our Member Service Representatives are available to answer your questions and provide planning tools and guidance.
Invite family and friends to support your student’s savings goals through the Ugift* program.
You can save for anyone — a child, grandchild, friend, or even yourself! You decide how and when the money is spent, even if the person you are saving for is an adult.
529 Plan accounts owned by parents may have a lesser effect on financial aid eligibility than other educational funding options. Combine your savings with scholarships, grants and other options to cover education costs.
You can set up automatic monthly investments for a low maintenance way to save for a student’s education.
Are you a institutional investor?
With the USAA 529 Education Savings Plan, you choose between two different investment options: an age-based option or a fixed allocation.
Age Based
The age-based option starts off as a more aggressive investment strategy and becomes more conservative as you get closer to the time when you will spend your savings. This is a low maintenance option that can be ideal for younger beneficiaries.
Fixed Allocation
The fixed allocation option allows you to take a more active role in your investment. Select one or more portfolios based on the investment mix you desire. You can update your investment opportunities up to twice a year.
A USAA 529 Education Savings Plan is an affordable way to save for a student’s education. Start by choosing between monthly contributions or a minimum initial investment:
with an automatic recurring contribution of at least $50 a month.
with no required automatic investments.
Made a contribution and looking for a way to share?
Browse our library of special occasion gift certificates available to download
We are proud to serve your investment needs. Our Representatives are available to provide portfolio planning, education savings services and general investment guidance. Please contact us. We’re here to help you find the right investment solutions for you, your family and your future.
Contact the Relationship Managers in your region to learn more about Victory Capital.
Our Institutional Relationship Managers welcome your inquiries!
1Upromise member must Verify the account Email Address and link an eligible 529 College Savings Plan to receive the $30.29 Bonus cash back rewards. Bonus is awarded as $5.29 for email verification and $25.00 for 529 account linking. Upromise member's cash back rewards account balance must meet the minimum transfer amount to be eligible for transferring cash back rewards into a linked 529 account. Bonus available for new Upromise members only.
Upromise is an optional program offered by Upromise, LLC, is separate from the USAA 529 Education Savings Plan, and is not affiliated with the State of Nevada. Terms and conditions apply to the Upromise program. Participating companies, contribution levels, and terms and conditions are subject to change at any time without notice. Transfers from Upromise to a USAA 529 Education Savings Plan account are subject to a $50 minimum.
Upromise and the Upromise logo are registered service marks of Upromise, LLC.
2A $15 minimum is required for Ugift® contributions.
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