The New my529 incentiFive Program can help Kickstart Your Newborn’s Education Savings

incentiFive is designed to help Utah families get an early start on an education savings habit.

Here’s how it works: If you are a Utah resident and your baby is born between September 1, 2025, and August 31, 2026, you are eligible for participation. Open an account, between now and December 31, 2026. The family contributes at least $100 every year for the first five years to their child’s my529 account. In return, my529 will contribute $100 annually for the first four years and $529 in the fifth year.

If all conditions are met, incentiFive can result in a total of $929 in incentive contributions from my529. Find out more at my529.org/incentiFive.