Does MemoryBank work with Minnesota 529?

Yes. Minnesota 529 College Savings Plan links to MemoryBank, read-only, through Plaid (it's in Plaid's current list, checked 2026-11-02). Your child's Minnesota 529 account shows in their own view next to their other accounts, updated automatically and plain-English explanations from Penny.

About Minnesota 529 College Savings Plan

The Minnesota 529 College Savings Plan is Minnesota's 529 plan.

529 college savings account

Usually owned by a parent with the child as beneficiary. Growth is tax-free when it's spent on qualified education costs; state tax benefits depend on where you live.

Account details are as described by Minnesota 529 College Savings Plan (Minnesota's 529 plan) in November 2026 and can change; check there before opening an account. MemoryBank isn't affiliated with Minnesota 529 College Savings Plan. Sources: Minnesota 529 College Savings Plan.

How to connect Minnesota 529

  1. 1Create a free MemoryBank account and add your kids.
  2. 2On the Starter or Family plan, choose Connect an institution, then “Brokerage, retirement, or 529”.
  3. 3Search for Minnesota 529 College Savings Plan on the Plaid screen and sign in there. MemoryBank never sees your login.
  4. 4Pick your child's Minnesota 529 account, then assign each one to the right kid.

Prefer not to link? Add the account by hand on any plan, including Free. Holdings are priced live; a 529 can be a single balance you update when the statement arrives.

What your child sees

On a paired phone, tablet or wall display, your child sees their Minnesota 529 account next to everything else that's theirs: the total, how it's growing, and how much is set aside for their future. They can ask Penny, the built-in AI money mentor, what anything means at their age, from 5 to 18+. They can't trade, transfer or withdraw; those features don't exist in MemoryBank.

Common questions

Does MemoryBank see the password for Minnesota 529?
No. You sign in to Minnesota 529 on a secure Plaid screen, and MemoryBank gets read-only access to the accounts you choose. MemoryBank never sees or stores your Minnesota 529 login.
Can my child trade or withdraw from the Minnesota 529 account in MemoryBank?
No. MemoryBank is read-only for kids and parents alike: no trading, transfers or withdrawals. The account stays at Minnesota 529 and you manage it there.
What if my child's Minnesota 529 account doesn't show up when I connect?
When you connect, Plaid shows the accounts available under your Minnesota 529 login and you pick your child's. If one doesn't appear, add it as a manual account: enter the holdings (priced live) or a single balance. Manual accounts work on every plan, including Free.
Do I need a paid plan to link Minnesota 529?
Linked accounts are on the Starter and Family plans. On the Free plan you can add the same account by hand and update it yourself.

Other 529 plans: my529 · ScholarShare 529 · Bright Start · Invest529 · Texas College Savings Plan · Path2College 529 · PA 529 · CollegeInvest · Indiana529 Direct · NC 529 Plan

Brokerages: Schwab · Fidelity · Vanguard · E*TRADE · Merrill · Robinhood · search every institution

Their money is growing. Let them see it.

Free to start. Connect the accounts you already have and give your kid their own view.

Try MemoryBank freeCheck another institution

MemoryBank is not a brokerage. It cannot receive, keep or transfer securities, and it never holds your money.