Save for the future

A USAA 529 Education Savings Plan helps you pay for education costs while taking advantage of tax benefits.

What is a USAA 529 Education Savings Plan?

A 529 plan is more than just a savings account. It's an investment account that gives you tax benefits while saving for education.

You can open an account for anyone, including yourself, for a low initial amount and automatic contribution starting at $50. If plans change, you can choose another beneficiary, or you can pay for your own education. Proceeds from a 529 plan work for qualified expenses for kindergarten through 12th-grade tuition and higher education.

Key benefits of a USAA 529 Education Savings Plan

With a 529 plan, education planning with smart savings is easy.

  • K to 12 Tuition Expenses : Use up to $10,000 per year to pay for kindergarten through 12th-grade tuition-related expenses for public or private schools.
  • Higher Education : Use this to help pay for home school, college tuition, books, laptops, continuing education courses, and trade and vocational schools.
  • Tax Advantages for Withdrawals : Qualified withdrawals from your 529 plan aren't subject to federal income tax.