Utah Educational Savings Plan® - Utah's official nonprofit 529 college savings plan 800.418.2551
 
Utah Educational Savings Plan - About Us

Focused on College Savings

As a nonprofit 529 college savings plan, the Utah Educational Savings Plan (UESP) is dedicated to one purpose: helping you save for college. We want to keep your college savings between you, your beneficiary, and their college of choice. That’s why you’ll never need to pay an intermediary a commission to open or maintain a UESP account. It’s also why:

  • UESP’s fees are among the lowest of all 529 plans
  • There are no minimum or ongoing contribution requirements
  • Neither your name nor your beneficiary’s will ever be used to sell you any other financial products, such as retirement plans or insurance

By choosing to save for your future college expenses with UESP, you made it clear you wanted a plan focused solely on helping your college savings grow—with as little expense as possible. We won’t let you down by shifting that focus into other areas. For the life of your UESP account, you can count on UESP helping you save what you can for college, when you can.

Important Legal Notice:

You should read the Program Description and consider all investment objectives, risks, charges, and expenses before investing. The Program Description is available for download on the web or a hard copy can be mailed to you by requesting it online here.

FDIC Insurance. Except for the underlying investment specified below, investments in UESP are not insured by the Federal Deposit Insurance Corporation (FDIC). FDIC insurance is provided for the FDIC-insured savings account held in trust by UESP at Zions First National Bank (Bank). Funds in the savings account are insured by the FDIC on a pass-through basis to each account owner up to the maximum amount set by federal law, which is $250,000. 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 savings account plus (2) the value of other accounts held (if any) at the Bank, as determined by the Bank and by FDIC regulations.

No Other Insurance and No Guarantees. Investments in UESP are neither insured nor guaranteed by the State of Utah, UESP, the Utah State Board of Regents, the Utah Higher Education Assistance Authority, other state agencies, federal government agencies (except to the extent noted above regarding FDIC insurance), or any employees or directors of any such entities. Units in UESP have not been registered with the United States Securities and Exchange Commission or with any state securities commission.

Account Value. The value of your UESP account may vary depending on market conditions and the performance of the investment option you select. It could be more or less than the amount you contribute; in short, your investment could lose value. However, subject to the application of Bank and FDIC rules and regulations to each account owner, funds in the FDIC-insured savings account will retain their value, whether in the FDIC-Insured Savings investment option or when allocated to portions of the Age-Based Aggressive Growth, Age-Based Growth, Age-Based Moderate, Age-Based Conservative, Customized Age-Based, or Customized Static investment options (if, in the customized investment options, the FDIC-insured savings account is selected as an underlying investment).

Non-Utah Taxpayers and Residents. You should determine whether the state in which you or your beneficiary pay taxes or live offers a 529 plan that provides state tax or other benefits not otherwise available to you by investing in UESP. You should consider such state tax treatment and benefits, if any, before investing in UESP.