Important Legal Notice:
my529 is a Section 529 plan administered and managed by the Utah State Board of Regents and the Utah Higher Education
Assistance Authority (UHEAA).
Your gift contribution will be attributed to you if you include your full name on the gift web page. This gift will be posted in the designated
my529 account usually within three business days. Gifts are not revocable.
my529 accounts are controlled by the account owner, who may change the beneficiary, withdraw or transfer funds, or change
the account owner as set forth in the my529 Program Description. Only my529 account owners may
control how assets are invested and possibly claim a Utah state income tax benefit. Under Utah tax law, the giver may not receive a Utah state income
tax credit. Your donation may have gift tax consequences. Please consult your tax advisor.
Investing is an important decision. Read the Program Description in its entirety for more information and consider all investment objectives,
risks, charges, and expenses before investing. The Program Description is available for download here,
or a printed copy can be mailed to you by requesting it online at info@my529.org.
Account Value.
The value of your my529 account may vary depending on market conditions and the performance of
the my529 investment option you select. It could be more or less than the amount you contribute.
In short, your investment could lose value.
However, my529 offers some investments insured by the Federal Deposit Insurance Corporation (FDIC),
which will guarantee that portion of your investment up to certain limits, as described below.
No Guarantees.
Investments in my529 are not insured or guaranteed by my529, the Utah
State Board of Regents, the Utah Higher Education Assistance Authority or any other state or federal agency. Your investment could lose
value. However, Federal Deposit Insurance Corporation (FDIC) insurance is provided for the FDIC-insured accounts. Please read the Program
Description to learn about the FDIC-insured accounts. Units in my529 have not been registered
with the United States Securities and Exchange Commission or with any state securities commission.
FDIC Insurance.
Except as described in this paragraph, investments in my529 are not insured
by the FDIC. However, my529 offers an FDIC-Insured investment option. In addition,
my529 offers investment options that include FDIC-insured accounts as underlying investments.
FDIC insurance, up to applicable limits, is provided for the FDIC-insured accounts held in trust by my529
at Sallie Mae Bank and U.S. Bank National Association (U.S. Bank) (collectively Banks). Contributions to and earnings on the FDIC-insured
accounts are allocated between the Banks according to the following percentages: Sallie Mae Bank (90 percent) and U.S. Bank (10 percent).
Money in the FDIC-insured accounts is insured by the FDIC on a pass-through basis to each account owner at each Bank up to the maximum amount
set by federal law, which is $250,000 at each Bank. The amount of FDIC insurance provided to an account owner is based on the total of
(1) the value of an account owner's investment in the FDIC-insured accounts at each Bank plus (2) the value of other accounts (if any) owned
by the account owner and held at each Bank, as determined by the Banks and by FDIC regulations.
Non-Utah Taxpayers and Residents.
The state in which you or your beneficiary pays taxes or lives may offer a 529 plan that provides state tax or other benefits, such as
financial aid, scholarship funds, and protection from creditors, not otherwise available to you by investing in my529.
You should consider such benefits, if any, before investing in my529.
Consult an advisor.
my529 does not provide legal, financial, investment, or tax advice, and the information provided in this document does
not contain legal, financial, investment, or tax advice and cannot be construed as such or relied upon for those purposes. You should consult your
own tax or legal advisor to determine the effect of federal and state tax laws on your particular situation.
Morningstar rating.
A Morningstar Analyst Rating for a 529 College Savings Plan is not a credit or risk rating. Analyst Ratings are subjective in nature and should not
be used as the sole basis for investment decisions. Morningstar does not represent its Analyst Ratings to be guarantees. Please visit Morningstar.com
for more information about the Analyst Ratings, as well as other Morningstar ratings and fund rankings.
my529 does not pay commissions, loads, or sales charges to financial advisors, nor does it endorse financial advisors.
