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VT529 - Vermont's 529 College Savings Plan

Coverage

VT529 is an affordable way for parents, grandparents, family members and friends to save for future college education.

Other Information

Key features of the plan include:

  • Several investment options to choose from
  • Tax-deferred growth of earnings & tax- free withdrawals when used for qualified higher education expenses
  • Vermont state tax credit on contributions to the program
  • Funds can be used at eligible schools nationwide
  • Convenient payroll deductions for contributions
  • Enrollment at any time during the year

Cost

The minimum amount you may deposit to an account is $15.00 per month. Questions about specific investment options should be directed to VSAC at 800-798-8722.

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Eligibility

All permanent state employees are eligible for participation.

Enrollment

Enrollment in the VHEIP program is completed online: Go to Enrollment Site.

Once your account is confirmed, you may submit the VT529 Deduction Authorization Form to begin payroll deductions into your account.

Administrator

VSAC
Vermont Student Assistance Corporation
(800) 798-8722