CONQUER STUDENT LOAN DEBT WITH A 529

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Questions?

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Have you received a refund of
qualified expenses due to COVID-19?

Whatever the path, begin with a plan. The Education Plan is a smart, tax-advantaged way to save and grow contributions over time to cover future education expenses and reduce the burden of student loan debt. Whether you are wanting to save for education goals for a loved one or yourself, a 529 plan can help any aspiring student, regardless of age, career path or socio-economics.

Flexibility with so many benefits

Anyone can open and contribute to an account for anyone else
Only $1 minimum contribution required
Contributions may be tax-deductible and grow tax-free
Gift contributions for birthdays, holidays and graduations help fuel savings
Covers over 200 qualified education expenses at most schools across the country and online, and many abroad
Covers undergraduate, graduate, doctorate, certification and continuing education programs
Beneficiaries are transferable
Just $500 saved significantly increases graduation rates

Why saving now counts

Saving for education expenses reduces the burden of student loans later
Education costs continue to rise every year
The first day of college gets closer every day

"The Education Plan is helping my family prepare for the total cost of college. It's the peace of mind that matters most!"
Helen W., Albuquerque, NM

Don’t succumb to sticker shock. College costs can be more affordable than you think.

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¹ The Plan is neither FDIC insured nor guaranteed and may lose value.
² When withdrawals are used for other purposes, the earnings portion of the withdrawal is subject to federal income taxes and any applicable state income tax, as well as an additional 10% federal tax and the recapture of all previous New Mexico tax deductions taken for contributions to an account.