The Education Plan can help pay for more than 200 educational expenses at any accredited institution of study that accepts federal financial aid.
If your beneficiary’s plans change, no problem. The account can easily be switched over to another person.
Contributions are 100% state income tax-deductible for New Mexico residents and grow tax-free for qualifying educational expenses.
Anyone can open an account for anyone.
Family and friends can make contributions
too—so it’s a great gift idea!
No minimum contribution required.
Contribution amounts and frequency
can be changed at any time.