The five-year incentive program encourages education saving by rewarding Utah families who contribute $100 each year for five years with up to $929 in incentives from my529
Due to the success of the pilot year, my529’s incentiFive Program has been renewed for four more cohort years: 2027, 2028, 2029 and 2030. Sign-ups for the 2027 cohort begin September 1, 2026.
Eligible Utah parents may enroll during the sign-up period and make a minimum contribution of $100 for each of the first five years into their child’s my529 account. If families meet the annual contribution requirement,my529 will award $100 in incentive contributions each year in years one through four, and a final $529 incentive contribution for year five — for a total of $929 from my529 over the five-year period. incentiFive providesUtah families an incentive to start saving for their children at birth, providing a long runway for compound interest to help grow education savings.
Parents can enroll by opening a new my529 account or connecting an existing my529 account through the incentiFive portal. Contributions may come from gifts from friends and family, and count toward the annual minimum.
To learn more about eligibility and to get started, visit my529.org/incentiFive or email marketing@my529.org.
About my529
my529, Utah’s official nonprofit 529 educational savings plan, is highly rated by Morningstar Inc.
Accounts are free to open, and my529 requires no minimum deposit or account balance. my529’s user-friendly website, my529.org, makes it easy to open, manage and contribute to an account online.
To learn more, visit my529.org, call toll-free at 800.418.2551, or email info@my529.org.
