The Michigan Department of Treasury announced the launch of READYSAVE 529, a new education savings mobile app available to Michigan Education Savings Program (MESP) account owners. The app provides a convenient way to access information, track progress and make contributions.
The READYSAVE 529 app allows users to view account balances and investment allocations, make one-time or reoccurring contributions and see how their savings compare with peers. Future launches of the app will add new capabilities like allowing family and friends to make gift contributions.
To find out if a 529 account is right for you, contact a ShindelRock tax professional .