Utah My529
Parent Rankings Score
The most flexible, lowest-cost 529 plan in America
No enrollment fee; 0.10%–0.64% expense ratios
Why We Like It
Utah My529 has held the top spot in Morningstar's 529 rankings for years due to its best-in-class combination of ultra-low fees, exceptional investment flexibility, and nationwide accessibility. Even non-Utah residents should strongly consider opening an account here.
Editor's Verdict
Best Overall in 529 plans.
9.5/10
Pros & Cons
Pros
- Consistently ranked #1 by Morningstar for low fees and flexibility
- Unique customizable investment options — mix Vanguard, Dimensional, and PIMCO funds
- Open to all US residents regardless of state of residence
Cons
- Utah residents get best state tax benefit; non-residents get no UT state deduction
- Custom portfolio building may feel complex for casual investors
Score Breakdown
Overall Score
9.5
Plans were evaluated on total expense ratios, investment option quality, state tax benefit value, flexibility for non-residents, and platform usability.
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