Open a 529 Account

Invest for education

A 529 college savings plan helps you save for higher education. You can open one for your children, grandchildren or yourself.

How to save for education with a 529 account

PICK A 529 PLAN Use the simple state-based picker below to determine which 529 plan makes sense.
Open an Account Set up your account, choose investment option(s), set up regular contributions.
Track your goal progress Come back to your TIAA account to see how you are doing.

529 Plan Finder

All 529 plans help investors save for educational goals, but they’re not all the same. Use our tool below to determine if TIAA manages the 529 plan in your state.  If not, there may still be reasons to consider an out of state plan. Before choosing a college savings plan, consider whether the state where you or your beneficiary lives has a 529 plan that offers state tax benefits.
Enter the 2-letter abbreviation for the state you live in to find a 529 plan.
Help Me Choose

Commonly asked 529 college savings plan questions

  • A 529 college savings plan offers unique tax advantages for people investing money for college.  By law, all 529 savings plans must be state sponsored, but you don’t have to be a resident of a particular state to invest in that state's plan (but there may be income tax advantages available only to state residents for a particular plan). There’s no income limit to participate in a 529 college savings plan, and you can open one on behalf of any beneficiary — even yourself.
  • 529 college savings plan features can differ from state to state, like contribution limits, fees, in-state tax advantages, and available investment options.
  • In general, any U.S. citizen or resident alien with a Social Security Number or federal Taxpayer Identification Number can open and contribute to a 529 college savings plan account on behalf of a beneficiary. You can even open an account for yourself.
  • A "member of the family" is a person related to the account beneficiary, including:

    • a child or descendant of a child
    • a brother, sister, stepbrother or stepsister
    • the father or mother, or an ancestor of either
    • a stepfather or stepmother
    • a son or daughter of a brother or sister
    • a brother or sister of the father or mother
    • a son-in-law, daughter-in-law, father-in-law, mother-in-law, brother-in-law, sister-in-law
    • the spouse of the beneficiary or spouse of any of the above family members
    • a first cousin of the beneficiary
    In these cases, "a child" includes a legally adopted child and a stepson or stepdaughter. A "brother or sister" includes a half-brother or half-sister.
  • Yes, with most plans you can change the beneficiary or transfer a portion of your investment to a different beneficiary, provided the new beneficiary is an eligible "member of the family" of the previous beneficiary.
Have Questions?

Contact Us

Speak with a consultant 888-381-8283

Weekdays 8 am – 8 pm (et)

AARP College Savings Solutions from TIAA is a program provided by TIAA and not AARP or its affiliates. TIAA pays a royalty fee to AARP for the use of its intellectual property. These fees are used for the general purposes of AARP. AARP does not employ or endorse TIAA associates. Please contact TIAA directly for details.

The 529 college savings plans listed above are offered and administered by the state. TIAA-CREF Tuition Financing, Inc. is the program manager. TIAA-CREF Individual & Institutional Services, LLC, member FINRA is distributor and underwriter for the plans managed by TIAA-CREF Tuition Financing, Inc. Most states offer a 529 college savings plan.

Before investing, check your state's website for information about any favorable state tax benefits or other benefits such as financial aid, scholarship funds or protections from creditors that are only available if you invest in that state's plan.

Consider the investment objectives, risks, charges and expenses before investing in a state 529 college savings plan. Carefully read the Disclosure Booklet available on each state's site, or call us at 888-381-8283.

Investments in a state 529 college savings plan are neither insured nor guaranteed and there is risk of investment loss.

Non-qualified withdrawals may be subject to federal and state taxes and the additional federal 10% tax. Taxpayers should seek advice from an independent tax advisor based on their own particular circumstances.

Neither TIAA-CREF Tuition Financing, Inc., nor its affiliates, are responsible for the content found on the external website links contained herein.