Everything to open and manage your account.
As the account owner, with HI529, you make the choices that can make this the right plan for your family.
HI529 offers a full range of options to match your time horizon and risk tolerance, including:
1For beneficiary changes to occur without incurring federal or state income taxes, the new beneficiary must be a Member of the Family of the former beneficiary. Section 529 defines a Member of the Family member as: a son, daughter, stepson or stepdaughter, or a descendant of any such person; a brother, sister, stepbrother, or stepsister; the father or mother, or an ancestor of either; a stepfather or stepmother; a son or daughter of a brother or sister; a brother or sister of the father or mother; a son-in-law, daughter-in-law, father-in-law, mother-in-law, brother-in-law, or sister-in-law; the spouse of the beneficiary or the spouse of any individual described above; or a first cousin of the beneficiary. Gift or generation-skipping transfer taxes may apply. Please consult with your tax advisor for further information.
2Federal law permits you to move the assets in your HI529 account to a different mix of investment options up to two times per calendar year.