The Idaho 529 College Savings Plan – IDeal to Help Students and Parents

Idaho 529 College Savings Plan – IDeal

Benefits of 529 College Savings PlansAbout: IDeal is a 529 college savings plan designed to help individuals and families save for college in a tax-advantaged way. It offers advantages including: tax-deferred growth, generous contribution limits, attractive investment options and professional investment management. IDeal is offered by the Idaho College Savings Program Board, with program management by Ascensus Broker Dealer Services, Inc. and investment management by The Vanguard Group, Inc. The Savings Portfolio, is managed by Sallie Mae Bank.


Phone #: 1-866-433-2533

Investment Options: The Idaho College Savings Program (IDeal) is managed by Ascensus College Savings and offers 10 investment options: three age-based options, six fixed portfolios using Vanguard mutual funds, and a Savings Portfolio invested in the Sallie Mae High-Yield Savings Account.

Tax Benefits: Contributions to the Idaho 529 plan of up to $4,000 per year by an individual, and up to $8,000 per year by a married couple filing jointly, are deductible in computing Idaho taxable income.

State Residency Requirements: No state residency is required to participate in Idaho 529 College Savings Plans.

Saving for College with Upromise

UpromiseSave for college with Upromise is a service that helps individuals save money to pay for college or to pay down existing student loan debt.

Upromise is a great way to save through partnerships with retailers. Similar to a cash back rewards card, this plan puts rewards from retailers into an account that you can use to save money for school or paying down current Sallie Mae serviced student loans.

Once you join UpromiseSave for college with Upromise, you simply have to shop at eligible retailers. You can shop online and get anywhere from 1$ to 25% back that is credited to your account. There are more than 600 online retailers, including Target and more, which will give you rewards that can be used for college and tuition expenses.

The beauty of the Upromise program is that you save money for college by simply shopping at the normal stores you visit every day. Upromise was created in partnership with Sallie Mae and is designed to help save for education costs. is the smart way to save for your child’s college is the smart way to save for college.