USAA 529 College Savings Plan NEW! PDF ReportPRO


Nevada's USAA 529 College Savings Plan is available to the general public and features age-based and static porfolio options utilizing USAA mutual funds. Accounts can be linked to the Upromise rewards service.

5-Cap Rating


Savingforcollege.com's 5-Cap Ratings provides an evaluation and comparison of 529 plans, utilizing a formula that examines dozens of factors grouped into the following categories. (Scale 0 to 5; 5 is highest)

Performance Costs Features Reliability Resident Upgrade
3.82 3.59 2.78 5.00 0.23

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Access enrollment materials and open an account with USAA 529 College Savings Plan in just a few easy steps.


Program type:


How to enroll:

Enroll directly through USAA.

Initial year of operation:


State agency(ies):

Board of Trustees of the College Savings Plans of Nevada

Program manager:

Ascensus College Savings

Program distributor:

USAA Investment Management Company (USAA)

Manager contract term:

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State residency requirements:


Who can be a participant/owner in the program?

U.S. citizens and resident aliens, UGMA/UTMA custodians, and trusts.

Significant time or age restrictions imposed by the program:



Maximum contributions:

Accepts contributions until all account balances in Nevada's 529 plans for the same beneficiary reach $370,000.

Minimum contributions:

The initial contribution is $50 with the establishment of an automatic investment plan of at least $50 per month or $150 per quarter ($15 for contributions through Ugift), or $250 lump-sum contribution.

Investment Options

Age-based investment options:

The Age-Based Option contains 9 portfolios of underlying mutual funds. Contributions are placed into the portfolio corresponding to the age of the beneficiary, and later reassigned to more conservative portfolios as the beneficiary approaches college age.

Static investment options:

Select among 10 Fixed Allocation portfolios (Very Aggressive, Aggressive Growth, Growth, Moderately Aggressive, Moderate, Moderately Conservative, Conservative, Very Conservative and In-College) and a money-market portfolio (Preservation of Capital).

Underlying investments:

USAA mutual funds.

Underlying fund allocations:

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Portfolio Fees & Performance Lookup

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See Investment Options

Fees & Expenses

Enrollment or application fee:


Account maintenance fee:

$10 annual minimum balance fee for accounts with a balance of less than $1,000 that do not have automatic deposit; waived for Nevada residents.

Program management fees:


Expenses of the underlying investments:

Not applicable., 0.39% to 0.95%.

Total asset-based expense ratio:

0.39% to 1.08%

Taxes and other Benefits

Program match on contributions:

The USAA Distinguished Valor Matching Grant Program matches up to a lifetime maximum of $1,500 of contributions to this 529 plan with an annual maximum match of $300. The account owner or the beneficiary must be a Nevada resident at the time the grant application is submitted. Grant applicants may apply under two categories: 1) the account owner must serve currently on active duty in the U. S. military and have an adjusted gross household income of less than $95,000, and the beneficiary must be a child of the Account Owner and be under the age of 13, or 2) the account owner or the account owner's spouse must be the recipient of a Purple Heart in either Operation Enduring Freedom or Iraqi Freedom (service beginning October 7, 2001 and ending August 31, 2010), and the beneficiary must be a child or the spouse of the Purple Heart recipient.

State tax deduction or credit for contributions:

Not applicable. Nevada does not have a personal income tax.

State definition of qualified expenses

The state conforms with the federal definition of qualified education expenses, which includes expenses for higher education, as well as up to $10,000 per year in tuition in connection with enrollment or attendance at an elementary or secondary public, private, or religious school.

State tax treatment of qualified distributions:

Not applicable. Nevada does not have a personal income tax.

Does the sponsoring state exclude the value of an account for state financial aid purposes?


Does participation in the program provide beneficiaries with any advantages in qualifying for resident tuition status at state institutions?


Does the program have a formal agreement with a rewards program or outside scholarship program?

Yes, with Upromise. The Upromise Rewards service is free to join and offers cash back for college.

Statutory protection of an account from creditors:

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Distributions & Terminations

To whom are distributions made payable:

Eligible educational institution, beneficiary, or account owner, as directed by the account owner.

Account Changes

Policy regarding participant/owner changes:

Accepts requests to transfer account ownership.

Documents, Access & Reporting

Does participant have online password-protected access to account?


Can the complete enrollment process including funding be done online?


Documents and other services accessible or downloadable on the program's public Web site:

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