Build their future now with the Minnesota 529 College Savings Plan
A flexible and tax-advantaged way to save for college.
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Why the Minnesota 529 College Savings Plan (MNSAVES)?
We offer a wide range of benefits that aim to meet your college savings needs—whatever they are and whenever they happen.
Unique tax advantages
100% tax-deferred growth, and Minnesota taxpayers can reduce their state taxable income by up to $3,000 per year if married filing jointly.
Limitations apply.1
Flexible
Families can pay for a range of qualified educational expenses, withdraw money as needed and even transfer funds to eligible beneficiaries.2
Range of investment options
Investment options to fit your life situation, risk tolerance and savings goals.
Low fees and expenses
MNSAVES is among the lowest cost 529 plans in the country, which can mean more money for college.3
It takes only 15 minutes and $25 to start saving for college
Step 1
Learn and explore
Learn how the Minnesota 529 College Savings Plan works, its benefits and how the funds can be used.
How our 529 plan worksStep 3
Start saving
Open your Minnesota 529 College Savings Plan account today and begin contributing to your child’s future.
More resources to explore
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Schedule an appointment
Schedule a free consultation with a MNSAVES college savings specialist.
Book a consultation -
Join a webinar
Supplement your knowledge by attending a live webinar with a MNSAVES program specialist.
RSVP for a session -
Morningstar medalist
The Minnesota 529 College Savings Plan receives a Morningstar medal!5
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