FIND YOUR ANSWERS


FIND YOUR ANSWERS

What you need to know about 529 plans

How much will I need to save?

There is no one set answer to determining an appropriate dollar amount for college savings.

Try our college savings calculator.

Input your funding goals, examine projected costs, and estimate the monthly amount needed to meet your objectives.

Learn about the exclusive scholarship program for Nevada residents.

There is no one set answer to determining an appropriate dollar amount for college savings.

Should I choose my state's 529 plan or another state's?

While all state 529 plans originated with Section 529 of the Internal Revenue Code, each state plan has its unique differences.

How do I open a 529 account?

There are two ways to open a 529 account.

Are there contribution limits to a 529 plan?

Contribution limits to a 529 plan vary from state to state, but typically start at $300,000 and up.

Who can invest in a 529 plan?

Parents, grandparents, aunts, uncles, and friends can all contribute to your child's 529 account.

Can I change a 529 plan beneficiary?

If a child decides not to attend college, you can switch the account to another family member, including yourself.

Who controls the 529 account?

As account owner, you retain control over withdrawals for the life of the account — even when your child reaches legal age.

Where can I use my 529 account?

You can use the proceeds from a 529 account at any accredited private or public university or college, vocational or trade school, and graduate school in the United States, and at select foreign institutions. In addition, up to $10,000 per student per year may also be used to pay tuition at any public, private, or religious elementary or secondary school.