The Utah Educational Savings Plan was one of four 529 savings plans nationwide to receive a gold medal in an annual review by Morningstar, an investment research firm.
Shutterstock
The Utah Educational Savings Plan was one of four 529 savings plans nationwide to receive a gold medal in an annual review by Morningstar, an investment research firm.
Other gold medal recipients include Maryland College Investment Plan (Maryland), T. Rowe Price College Savings Plan (Alaska) and The Vangaurd 529 College Savings Plan (Nevada).
Gold medals were awarded to savings plans Morningstar felt would be the best for contributors in the long run.
Unlike other plans, Utah’s has no enrollment minumum, according to Morningstar.
Also, people don’t have to be residents of Utah in order to use the plan. Funds from the plan can be used in any university that takes part in federal funding, (not just in Utah), according to UESP.
Funds from the account can be applied to tuition, books and rent, according to UESP.
EMAIL: sparker@desnews.com
TWITTER: @SeanRParker
DeseretNews.com encourages a civil dialogue among its readers. We welcome your thoughtful comments.
— About comments
- Couples registry gets preliminary nod from...
- XanGo seeks ouster of co-founder in new lawsuit
- The future of food? 3D printing moves beyond...
- 'Mantiques' could be a ticket to more cash
- S.L. draws up airport plans
- IRS official to take the 5th at hearing
- ESPN cutting workforce, 'smartly managing costs'
- AIG CEO tells college graduates facing...
Subscribe
Mobile
RSS
- S.L. draws up airport plans
32 - Writers offer personal finance advice... 30
- Couples registry gets preliminary nod... 29
- Should we let wunderkinds drop out of... 12
- Obama opposes GOP bill on Keystone XL... 10
- Apple's Cook to face Senate questions... 6
- The future of food? 3D printing moves... 6
- Airport TRAX ridership remains strong... 6
