Everything to open and manage your account.
It’s simple: What you save on taxes could go towards college savings.
HI529 offers unique tax advantages, including:
1Earnings on non-qualified withdrawals are subject to federal income tax and may be subject to a 10% federal penalty tax, as well as state and local income taxes. The availability of tax or other benefits may be contingent on meeting other requirements. See the Disclosure Booklet for more details on qualified expenses.
2In the event you do not survive the five-year period, a pro-rated amount will revert back to your taxable estate.