Everything to open and manage your account.
A HI529 account makes it easy to turn today's dollars into tomorrow's tuition, books, meals, housing, computers and more. The sooner you start saving, the longer your money has the chance to grow free of state and federal taxes.
Here's another reason to get started right now: If yours is among the first 25 new HI529 accounts opened for a child age 8 or younger by August 19, we'll contribute $100 to it. It's as easy as 1-2-3:
HI529 is flexible: Use your savings at eligible colleges and trade schools worldwide.2
HI529 is tax-friendly: Make tax-free withdrawals for qualified expenses.3
HI529 is not "use it or lose it": You always control the money in your account. You can stay invested, transfer the savings to a family member, or simply withdraw your funds at any time.3,4
HI529 makes investing easy: Choose from several investment options including Age-Based Portfolios, which automatically adjust from more aggressive to conservative as your child nears college age.
1 $100 contribution will be deposited into the first 25 qualifying, new HI529 accounts opened and funded for beneficiaries ages 0-8 years old. Beneficiary or beneficiaries must be less than 9 years old as of 8/19/2022 in order to qualify. Account(s) must be opened by 8/19/2022 and funded by 9/19/2022 in order to qualify. Qualifying accounts will receive a $100 contribution by 11/18/2022.
2 Eligible institutions include those that can participate in federal financial aid programs, training and apprenticeship programs, and K-12 programs.
3 Earnings 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.
4 The new beneficiary must be a member of the family of the former beneficiary. For a complete list of eligible family members, refer to the Program Description.