On February 5, 2018, the Utah Educational Savings Plan (UESP) will become my529.
We are the same company—we’re just changing our name.
So why the name change?
The new name communicates that we are a national 529 plan, an investment vehicle created by Congress specifically for college savings.
“529 funds can be used at any eligible educational institution nationwide or abroad that accepts federal financial aid, not just schools in Utah. The account owner and/or beneficiary do not have to be Utah residents. Our previous name sometimes made this unclear.
No matter the age of the child, my529 account owners can choose an investment option that matches their financial goals and risk tolerance. You can even build your own option. And now you can call it “my529.”
Source: Financial Planning for Women
