Open your account now
Getting started is easy peasy. Here's how to take the first steps on your college savings journey.
Tax updates coming soon
We're working on updates that will reflect the new U.S. tax law. In the meantime, this page may not address this development.
In summary, the law expands 529 plans to include tax-free distributions of up to $10,000 per year per student to pay for K-12 expenses. Currently, 529 plans offer tax-free withdrawals only for college expenses.
We recommend that you consult a qualified tax advisor about your personal situation.
Step 1: Find out if the Vanguard 529 Plan is your best option
Step 2: Choose your investments
After figuring out your comfort with risk, consider an age-based option to make investing as easy as possible.
Step 3: Open your 529 account
Here's what you'll need:
- Your personal information (name, address, Social Security number, etc.).
- Your beneficiary's name, birth date, and Social Security number.
- Your banking information (bank account number and routing number), if you're going to make your first contribution using an electronic transfer.
- Your investment selections.
The person you're opening the account for, or the future student. This person doesn't have control of the money in the account, but can use the money from the plan for school costs. The account owner controls the money on behalf of the beneficiary.