Are you ready to begin saving for education? This month we’re giving families like yours the opportunity to save more with a MOST529 account.
Missouri’s MOST 529 Plan is a tax-advantaged investment account that offers families a simple way to set aside money for their child’s future education expenses.
During the month of May, the first 800 people to open a MOST 529 account and complete the following steps will receive a $50 bonus in their account.
It’s that easy! Take the opportunity to enroll today and get time working for you.
That’s $50 more to help set your loved ones up for educational success at eligible institutions1 including 2- or 4-year colleges and universities, trade and vocational schools, graduate programs, or tuition at K-12 public, private and religious institutions.2
Plus, you can get tax-deferred earnings, tax-free withdrawals on qualified expenses, and even a Missouri state tax deduction of up to $8,000 ($16,000 if married, filing jointly).3
See official rules for details
From May 1 – May 31, 2025, the first 800 accounts opened with the promo code MOSTMAY online or via the READYSAVE™ 529 mobile app will receive a $50 contribution to their account.
To enroll online, click Open an Account, and enter promo code MOSTMAY when you reach the ‘Contributions’ screen.
To enroll via the app, download the READYSAVE™ 529 mobile app on the App Store or Google Play, select MOST – Missouri’s 529 Education Plan from the list of available 529 plan options, and click Sign Up to begin setting up a new account. Enter promo code MOSTMAY before continuing through the remainder of the enrollment process.
1 An eligible institution is one that can participate in federal financial aid programs.
2 Expenses for tuition in connection with enrollment or attendance at an elementary or secondary public, private, or religious school, not to exceed $10,000 per student per year in the aggregate across all 529 Plans for such student. Since different states have different tax provisions, if you or your beneficiary, as applicable, are not a Missouri taxpayer, the state(s) where you pay income tax may differ in its state income tax treatment of K-12 tuition expenses. You should consult your own state’s tax laws or your tax advisor for more information on your state’s taxation of withdrawals for K-12 tuition expenses.
3 Earnings on non-qualified withdrawals may be subject to federal income tax and a 10% federal penalty tax, as well as state and local income taxes and recapture of MO tax deductions. Tax and other benefits are contingent on meeting other requirements and certain withdrawals are subject to federal, state, and local taxes.
