READYSAVE 529 launched
LANSING — Michigan families can now manage their children’s college education savings right from the palm of their hand.
The Michigan Department of Treasury today announced the launch of READYSAVE 529, a new education savings mobile app available to Michigan Education Savings Program account owners. The app provides a convenient way to access information, track progress and make contributions.
Developed by Ascensus, 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.
READYSAVE 529 is available for download in the Apple and Google Play app stores and can be installed on any device. MESP account owners can log in using their existing username and password.
MESP can be used at any eligible college, university or trade school in the nation and some abroad for a variety of qualified higher education expenses, including tuition, fees, certain room and board costs, books, supplies and equipment required for enrollment.
More information about MESP is available at MISaves.com or 877-861-6377.