ISave 529
ISave 529 lets parents, grandparents, friends and relatives invest for education expenses on behalf of a future scholar. With funds and earnings from an ISave 529 account, families can pay for qualified expenses like tuition, room, board, books, supplies and more at any eligible education institution around the country. This includes colleges, universities, community colleges, trade schools, apprenticeship programs and more. Additionally, up to $10,000 per year per student can be used for K-12 expenses, and up to $10,000 can be used for repayment on any qualified education loan of the beneficiary or a sibling of the beneficiary.
For 2025, if an Iowa taxpayer is an ISave 529 account owner, they can deduct the first $5,800 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 $23,300 (4 x $5,800) on their 2025 Iowa taxes. The deductible amount is adjusted annually for inflation.
Visit the plan's website for more information and to open an account. Read the Program Description (PDF) for additional details about the plan.
Connect with ISave 529 on social media to stay up to date on current events and updates.
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READYSAVE 529
Managing your account is even easier when you use the READYSAVE 529 app. New account owners can create an ISave 529 account, and all account owners can add a new beneficiary account, make contributions, share gifting codes, set up recurring contributions and update their financial information. Beginning November 2025, account owners will even be able to make withdrawals in the app.
| App Store | Google Play |
More Information About ISave 529
- Speaker Request Form: Request a speaker for your event.
- Interactive Map: See how Iowans are saving throughout the state.
- ISave 529 Fact Sheet (PDF): View total assets, total accounts, amount that's been withdrawn to pay for education and more.
- ISave 529 Newsletter: Sign up for our quarterly newsletter to stay up-to-date with the latest information about ISave 529.
