Nothing makes a child feel better than your faith in them. And with the gift of a Minnesota 529 College Savings Plan, you can show them you know they’re going places. And that feeling lasts a lot longer than a toy will.
There are a lot of reasons for you to feel great about a Minnesota 529 College Savings Plan:
- Pays for tuition, room & board, books, computers and more
- Funds can be used at eligible institutions throughout the U.S. and abroad
- 100% tax-free growth
The Minnesota 529 College Savings Plan is one of the lowest-cost plans in the nation:
You could reduce your taxable income up to $3,000 on your 2019 state tax returns for contributions made by 12/31/2019 or receive a maximum credit amount up to $500. Limitations apply.1
Plus it’s easy for friends and family to contribute to your child’s education:
Try out our helpful Ugift service, which lets you invite friends and family to contribute to your account via text, email, Facebook and Twitter. With this service, you can customize your invite message with ease!
Gift giving by check or online banking
If they prefer, they can send a check or contribute online from a bank account.