Nothing makes a child feel better than your faith in them. And with the gift of a Michigan Education Savings Program (MESP) account, you can show them you know they’re going places. And that feeling lasts a lot longer than a toy will.
There are a lot of reasons for you to feel great about a MESP account:
- Pays for tuition, room & board, books, computers and more
- Funds can be used at eligible institutions throughout the U.S. and abroad
- 100% tax-free growth
The Michigan Education Savings Program is the ONLY direct-sold 529 plan that gives you state tax benefits:
You could reduce your taxable income up to $10,000 on your 2019 state tax return for contributions made by 12/31/19. Limitations apply.1
Plus it’s easy for friends and family to contribute to your child’s education:
Use our eGift service to invite friends and family to contribute to your new account. You simply choose your account, create a customized invitation, and send it to your chosen email contacts.
Gift giving by check or online banking
If they prefer, they can send a check or contribute online from a bank account.