ISave 529, formerly College Savings Iowa, was created in 1998 as Iowa's first 529 plan. It is sold directly to Iowans and people across the country. The IAdvisor 529 Plan was introduced in 2006 and is sold through financial planners. While each plan differs in the investment choices and the method of distribution, both share the same goal - get people saving for education.
For 2024, if an Iowa taxpayer is an ISave 529 or IAdvisor 529 Plan Account Owner, they can deduct the first $5,500 they contribute per Beneficiary account from their state taxable income. For example, married Account Owners who contribute to separate accounts on behalf of their two children can deduct up to $22,000 (4 x $5,500) on their 2024 Iowa taxes.
Iowa's 529 Plans
Learn More About Saving for Education
- Speaker Request Form: Request a speaker for your event.
- Iowa 529 Plans Fact Sheet (PDF): Check out the stats, tax benefits and more for Iowa’s 529 plan accounts.
- 529 Roth IRA Rollovers: If you have leftover funds in your 529 account, you may be able to roll the money over to your Beneficiary’s Roth IRA. Visit ISave529.com or IAdvisor529.com to learn more.
