Washington 529 College Savings Plan

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Washington 529 College Savings Plan

Washington Guaranteed Education Tuition (GET) Program

Since 1998, Washington's GET program has been helping Washington families take the worry out of rising college education costs by allowing them to lock in tomorrow's tuition at today's prices. Payments made to the Guaranteed Education Tuition program will grow tax deferred through the years and as long as the disbursements are made for eligible educational expenses, they will also be tax free.

What if my child doesn't want to go to school in Washington? No problem, the funds can be used at nearly any college or university across the country and even some international schools. The amount depends on the cost of resident undergarduate tuition at the most expensive Washington public university. The money can be used not only for tuition, but also for other expenses like room and board or books. If your child gets enough scholarship money so the GET money isn't needed, it can be used for graduate tuition later or transferred to another family member or even have the money refunded. For more information on the Washington Guaranteed Education Tuition Program, visit the GET website at http://www.get.wa.gov. You should also check with a financial advisor and tax advisor to see if a 529 investment is right for you.

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