IDeal - Idaho's 529 College Savings Program

IDeal - Idaho College Savings Program is Idaho's state-sponsored 529 program.  Its mission is to help families save for K-12 and higher education costs in a tax advantaged way.

Tax benefits

  • Tax-deferred earnings and tax-free withdrawals for qualified expenses
  • Special deduction for Idaho taxpayers of up to $6,000 ($12,000 married, filing jointly) per year from adjusted gross income for tax periods beginning January 1, 2017.  
  • Estate planning advantages: reduce your personal taxable estate by making five years' worth of gifts (up to $75,000; $150,000 married, filing jointly) in one lump sum3

Uses

Qualified withdrawals from a 529 account can be used toward the following qualified education expenses:

K-12 public, private and religious schools:

  • tuition only, up to $10,000 per year, per student from all accounts combined.

Institutions of Higher Education:

  • tuition
  • certain room and board costs
  • mandatory fees
  • books and supplies
  • computer software and internet access

Funds in a 529 account can be used at any eligible education institution anywhere in the country, not just in Idaho, including:

  • K-12 (tuition only)
  • 2- or 4-year colleges or universities
  • vocational/technical schools
  • career retraining schools
  • dual credit courses
  • graduate schools

Easy to get started

It only takes $25 and 15 minutes or less to open an account.

Please see the Disclosure Statement for important information.

Apply Online

  1. Open an account after reading about the plan's features and benefits. You'll be asked to choose:
    • a beneficiary (the future student). A SSN#, birth date and address are required to set up an account
    • how you'll be contributing
    • how you'd like your money to be invested (see below)
  2. Choose an investment option that's right for you.
  3. Start saving. Even small, regular contributions can add up over time. 

Apply over the Phone or In Person

The customer service center is open Monday - Friday from 6:00 a.m. to 6:00 p.m. mountain time to answer questions. 1-866-433-2533.

Apply by Mail, Email or Fax

Email: clientservice@idsaves.org

Mail: Paper applications are available to download.  They should be mailed to the IDeal processing center.

IDeal - Idaho College Savings Program

P.O. Box 219944

Kansas City, MO 64121

Take Action Now

Start saving for your education dreams here

Eligibility

Anyone can open an Idaho's 529 Program account. There are NO income or age limits for beneficiaries.

The SNAP or food assistance program excludes IDeal - Idaho College Savings Program account balances from resource calculations.

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