Jefferson City, MO - Missouri State Treasurer Scott Fitzpatrick today recognized National 529 Day, commonly celebrated on May 29 (5/29). The day is used to raise awareness about 529 plans and the importance of saving for education.

“Here in Missouri, the MOST 529 Education Plan is a versatile, tax advantaged, savings and investment tool for education,” Treasurer Fitzpatrick said. “The tax advantages mean a dollar saved in a MOST 529 account can be worth far more when it is used for qualified expenses—whether you save for years or months. I encourage all Missourians to consider saving for education expenses with a 529 plan.”

MOST, Missouri's 529 Education Plan, is a tax-advantaged savings plan for education expenses. Money in MOST accounts can be used to pay for K-12 tuition, and trade, college, and graduate school tuition and expenses. Contributions are eligible for a state tax deduction, which can save families up to $864 a year, and assets in MOST 529 accounts grow tax free.

Treasurer Fitzpatrick is committed to making MOST as cost effective and accessible as possible, making it one of the highest rated plans in the country. In 2021, the Treasurer announced the launch of READYSAVE™ 529, an education savings mobile application for MOST 529 account owners. In 2020, Treasurer Fitzpatrick announced changes to the MOST 529 Plan that will save Missourians millions of dollars in program management fees.

More information about MOST, Missouri’s 529 Education Plan, can be found at MissouriMost.org.

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