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No enrollment fee; 0.10%–0.64% expense ratios· #1
Open Account
Utah My529

my529 (Utah Higher Education Assistance Authority)

Utah My529

The most flexible, lowest-cost 529 plan in America

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.

✓ 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

Scores

Overall
9.5
Safety
9.5
Value
9.7
Ease
9.2
Quality
9.5

Specifications

annual Fees0.10%–0.64%
minimum Contribution$1
open To All Statestrue
morningstar RatingGold
tax DeductionUtah residents only