Iowa 529 Plan

Saving for College in Iowa

Iowa has two state sponsored 529 plans which can help families save for college.

College Savings Iowa

College Savings Iowa a state sponsored and Vanguard managed 529 plan in Iowa allows families to save for college by investing into 13 investment options.

Tax Benefits for College Savings Iowa

1. Iowa taxpayers can deduct a part of their contributions per beneficiary from their state income tax.

2. Earnings & withdrawls are fully exempt from Iowa state and federal income tax for qualified higher education expenses.

3. College Savings Iowa accounts are not included in determining eligibility for Iowa state financial aid programs.

How to sign up

You can go to CollegeSavingsIowa.com signup and learn more.

Iowa Advisor 529 Plan

Iowa Advisor 529 Plan sponsored by Iowa state and maanged by Upromise, Inc. offers a variety of investment options for families to save for college. Families can enjoy financial products from American Century Investment Services, Columbia Management Group, Delaware Investments, Franklin Templeton Investments and Pioneer Investments.

Tax Benefits for College Savings Iowa

1. Iowa taxpayers can deduct a part of their contributions per beneficiary from their state income tax.

2. Earnings & withdrawls are fully exempt from Iowa state and federal income tax for qualified higher education expenses.

3. College Savings Iowa accounts are not included in determining eligibility for Iowa state financial aid programs.

How to sign up

You can go to upromise.com to sign up and learn more.