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$50 Bonus for Opening a 529 Plan with ScholarShare


Replace 5/22/23: Deal is again starting in the present day by way of 5/31/23 (ht Vanson and Superman):

Replace 5/24/21: Deal out there once more for Could 24 – Could 31. Get a $50 bonus if you open a brand new 529 Plan account with a $50 contribution (and join recurring contributions of $25 per 30 days for six months) between Could 24 and Could 31, 2021. Your $50 bonus can be deposited on or earlier than January 31, 2022.

Hat tip to reader Superman

Replace 12/2/20: Deal out there once more, legitimate 12/9-12/13. It is a Goal reward card. Hat tip to reader G E

Replace 5/26/20: Deal is again once more for a lot of states. Legitimate 5/26 – 5/31 (observe: dates could fluctuate by supply). Hat tip to reader Burton

Replace 5/26/19: Deal is again for Scholarshare once more. Legitimate from Could twenty eighth till Could thirty first. Hat tip to reader Yosk

Replace 11/30/18: Seems to be just like the deal will return for December fifth – December twelfth. To this point we’ve solely been capable of finding a working hyperlink for ScholarShare. Hat tip to reader Superman.

Replace: Added Ultimate and FL Pay as you go provides. 

The Supply

ScholarShare hyperlink | Virginia529 hyperlink | Idaho Ultimate hyperlink | Florida Pay as you go hyperlink | MN Saves

In honor of “5/29 day”, numerous 529 plans are providing a particular bonus for these opening a brand new 529 plan:

  • Open a 529 plan with ScholarShare with $50 and get a $50 match
  • Open a 529 plan with Virginia529 with $50 and get a $50 match
  • Open a 529 plan with Ultimate Idaho with $25 and get a $25 match
  • Open a 529 plan with Florida Pay as you go with $25 and get a $25 match

The Superb Print

  • These provides can be found nationwide
  • ScholarShare is thru June 1, and Virginia529 is thru Could 31

Our Verdict

Being that these two are providing an analogous bonus, there could also be comparable bonuses elsewhere. I’m not aware of the ins and outs of school plans and their tax have an effect on – please do your individual analysis earlier than deciding whether or not to open one and which plan to decide on. (Individuals who get a state tax deduction to contribute to their very own plan in their very own state ought to try this first.)

Regardless, it might be a pleasant bonus for somebody saving for faculty who was planning to open a 529 plan anyway.

Hat tip to readers Misha and to Jeffery who notes that you could open a number of accounts by having the beneficiary and account proprietor mixture be totally different 



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