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What are 529 Plans?

About WA529 Plans

College is one of the biggest expenses people face in their lifetime. 529 plans were created to help parents, future students, friends, and family save money tax-free for eligible expenses, like tuition, fees, room & board, books, and supplies.

There are two kinds of 529 plans, Savings and Prepaid. Families can choose to save in one type of plan or the other, or both to diversify their college savings:

529 Savings Plans, like the DreamAhead College Investment Plan, allow you to pick an investment option and save money based on the market’s performance.

Sign In to DreamAhead

Learn more about DreamAhead

529 Prepaid Plans, like GET, allow you to purchase tuition units at a set price today and use them in the future to avoid long-term tuition inflation and stock market risk.

Sign In to GET

Learn more about the GET program 

Download the GET Enrollment Guide

Want to transfer funds from one 529 account to another? Start a rollover

Each state can sponsor their own plan(s) and offer specific benefits, like tax breaks, low contribution limits, generous plan contributions, grants, scholarship opportunities, and more.

More advantages of saving with a 529 plan

Hootie says

Putting aside $5/day for 10 years can add more than $18,000 to your savings (and that’s before any potential savings growth)!

>> Learn more Learn More

Due to COVID-19 restrictions, the WA529 office is currently closed to walk-in visitors. If you have questions about your GET or DreamAhead account, Contact Center representatives are available by phone or email. Please see our Contact Us page for hours and information. The GET and DreamAhead Contact Centers will be closed on Friday, December 25, 2020 for Christmas Day and Friday, January 1, 2021 for New Year's Day. 

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