Dreams are worth saving for.
Kickstart their future with Indiana529, the smart way to save for your child's education.
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ABOUT 529
Get to know Indiana529
No matter your child's dreams (or how many times they change), we're here to help you save. Sponsored by the state, Indiana529 is a tax-advantaged investment plan that helps families save for future educational expenses like tuition, fees, equipment, computers, and certain room & board costs. How does it work? For every dollar you invest, your savings not only grow tax-free, but may also qualify for additional tax benefits and can be used at eligible schools across the country. 1,2 Wherever their future takes them, Indiana529 will expand their opportunities to get there!
Which plan is right for your family?
Perfect for families looking to save on their own.
- Self-Managed
- Qualifies for Indiana Tax Credit2
- Ugift® Eligible
Already have a financial professional? Head this way!
- Work with a Financial Professional
- Qualifies for Indiana Tax Credit2
- Ugift® Eligible
A plan that does it all.
Whether saving for registered apprenticeships, college, trade school, or beyond, Indiana529 is the savings plan perfect for every budget and timeline.
Low Minimums
Get started today with just $10.
Tax-deferred Growth
Savings that grow right along with them.1
Variety of Uses
Tuition, fees, equipment, and more!
Flexible Investment Options
Financial opportunities for every season.
Special Tax Benefits
Indiana taxypayers may receive up to $1,500/year.2
Frequently asked questions.
No. You can use the assets in your account at any eligible school in the country and abroad. That includes 2- and 4-year colleges, graduate schools, and vocational/technical schools.
You can use your account assets for many qualified higher education expenses, including tuition, fees, certain room & board costs, and computers and course-related software.
Not every child goes to college, and that's okay! Funds in an Indiana529 account can be used toward other higher education costs such as trade schools, apprenticeships, and more!
If you are an Indiana taxpayer (resident or non-resident, married or individual), you are eligible for a state income tax credit of 20% of contributions to an Indiana529 account, up to $1,500 per year.2 This also extends to friends and family who contribute to the account!
1Earnings on non-qualified withdrawals may be subject to federal income tax and a 10% federal penalty tax, as well as state and local income taxes. Tax and other benefits are contingent on meeting other requirements and certain other withdrawals may be subject to federal, state, and local taxes.
2Indiana taxpayers are eligible for a state income tax credit of 20% of contributions to an Indiana529 Direct Savings Plan account, up to $1,500 credit per year ($750 for married couples filing separately). This credit may be subject to recapture from the account owner (not the contributor) in certain circumstances, such as rollovers to another state's 529 plan, federal non-qualified withdrawals, withdrawals used to pay elementary or secondary school tuition for a school outside of Indiana, education loan repayments, or rollovers to a Roth IRA account, as described in the Disclosure Booklet.
We’re here for you.
We can't tell you what they'll be when they grow up, but we can help you determine the best savings plan for your family. From practical tips to common myths, we're here to help guide you ever step of the way!
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