Now savers can sign up for the Prepaid Tuition Plan year-round
Washington Education Savings Plans (WA529) announced that the annual enrollment period for its GET Prepaid Tuition Plan is expanding. Formerly open from
November through May, GET will now be available for families to enroll year-round. The year-round enrollment matches the structure of Washington’s 529 investment plan, WA529 Invest. Both plans are now available for Washingtonians to sign up for at any time.
“WA529 is excited to make this enhancement to the GET Prepaid Plan,” said Lynda Ridgeway, WA529 Director. “Due to a more predictable state tuition environment and continued streamlining of processes, families now have full flexibility to open an account when it best aligns with their busy schedules and annual budget planning. However, we still encourage families to get started as early as possible to maximize their savings potential. “With GET, savers buy tuition “units”, and 100 units is worth the equivalent of one year of resident, undergraduate tuition and fees at Washington’s highest-priced university (currently University of Washington). This year, for the first time ever, the GET unit price is lower than the current tuition cost, giving savers an instant return on their education savings.
Since 1998, GET Prepaid Tuition has helped families pay more than $1.6 billion in educational costs. More than 73,000 students have used their GET accounts to further their education in all 50 states and around the globe. Washington Education Savings Plans also offers WA529 Invest, a nationally recognized 529 plan launched in 2018 to help Washingtonians save toward the total cost of college.Washington residents who want to help a student save for future education costs can open a GET or WA529 Invest account at any time online at 529.wa.gov with no enrollment fee. The website also provides helpful resources, including detailed information, charts, planning tools, and answers to frequently asked questions.
For more information about GET, call 800-955-2318 or download the GET Program Details booklet. For more information about WA529 Invest, call 844-529-5845 or download the WA529 Invest Program Details Booklet.