College Savings Iowa is Now ISave 529

DES MOINES – State Treasurer Roby Smith is proud to announce ISave 529 as the new name for Iowa’s direct-sold 529 plan, formerly College Savings Iowa. “Saving for education encompasses a variety of paths, whether that be K-12 tuition, two- or four-year college, graduate school or apprenticeship programs,” said Smith. “We have worked diligently to spread the word about the flexibility of using a 529 plan to help with all of these options, and ISave 529 represents our commitment to making education savings a reality for any student’s dream.”

To celebrate, ISave 529 is doing a giveaway. “Enter our giveaway at Iowa529Contest.com by September 30 and you could win a $5,290 contribution to the education savings for a child in your life,” Smith continued. “That’s enough to cover an entire year’s tuition at a community college in the state!”

Along with the new name, there are other updates to the Plan. “I am also excited to share we added new age-bands and portfolios for some of the Investment Options and increased the maximum amount an Account Owner can contribute to their account,” concluded Smith. “Providing options and an easy way to save has always been our number one priority, and these changes reflect that.”

A 529 plan is a type of investment account used to save for tuition, room and board, books, fees and other qualified education expenses at any qualified education institution. Account Owners can benefit from a variety of tax advantages, including tax-deferred earnings, tax-free qualified withdrawals and an Iowa income tax deduction.

Learn more about ISave 529 by visiting ISave529.com or calling (888) 672-9116. Follow ISave 529 on Facebook, Instagram and X for current events and updates. For additional details about ISave 529, read the Program Description.

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