Celebrate 529 College Savings Day
Did you know May 29 (5/29) is recognized as National 529 College Savings Plan Day?
During the month of May, states will be looking to boost interest and participation in their 529 savings programs with various sweepstakes, contests and incentives.
We have compiled the following list of state/plan promotions taking place in and around the month of May:
AZ529.gov is hosting a social media engagement campaign to celebrate graduations and grade level promotions. Post your favorite photo of your family’s “virtual celebration” of this milestone occasion with the hashtags #AZGradcelebration #AZ529BigDreams by 5/24/20.
We’ll be randomly selecting one photo from each milestone category to win $529 towards an Arizona 529 college savings account (AZ529.gov). Winners will be announced on 5/29/2020. Examples: 2020 HS graduates, kindergarten promotion to 1st, 5th or 6th grade
ScholarShare 529 is celebrating National 529 College Savings Day with a $50 Match for families who open a new ScholarShare 529 account between May 26 and May 31, 2020 with $50 or more and sign up for a recurring contribution of $25 or more per month for six consecutive months. Complete Offer Terms & Conditions are available at www.scholarshare.com/529day.
To celebrate 529 Day this year in Georgia, the Path2College 529 Plan is partnering with two hospitals in the state of Georgia to award the first babies born at those hospitals with a $1,529.00 contribution to their Path2College 529 Plan College Savings Account. They are partnering with Doctor’s Hospital in Augusta, Georgia and Piedmont Columbus Regional in Columbus, Georgia. The first babies born on 529 Day at those hospitals will receive a $1,529 contribution to their Path2College 529 Plan College Savings Account.
Maryland 529 and the Port Discovery Children’s Museum are partnering to offer one lucky child $529 towards a new or existing Maryland College Investment Plan account plus a Family Membership to the Port Discovery Children’s Museum. It’s simple and fun! Deadline to enter is 11:59 p.m. ET on May 31, 2020. One entry per person. No purchase necessary to win.
Through the BabySteps Savings Plan, every child born or adopted after 1/1/20 who is a Massachusetts resident will receive $50 into his or her 529 college savings account. More info
All families are welcome to attend any number of dedicated events focused on promoting the benefits of 529 and 529A plans, including a Twitter Chat, a Facebook Live, and a live webinar. More info
Families can also learn more about 529 plans through a dedicated blog article, social media posts, and video content. More info
For the Minnesota 529 College Savings Plan (MNSAVES) they are conducting a 529 Day campaign centered around a $50 matching offer for new accounts opened from 5/26 to 5/31. Eligible individuals must open a new MNSAVES account between May 26, 2020 and May 31, 2020 with an initial $50 deposit and set up an automatic investment plan for at least $25 per month for six months. Mnsaves.org/529Day
In celebration of 5/29 Day, NEST 529 is launching the Spring New Account Bonus which will offer a $100 bonus contribution to the first 200 new NEST 529 accounts opened with a balance of $100 or more. The contest runs from May 26 through July 31, 2020. The beneficiary on the new account must be 8 years old or younger as of July 31, 2020.
The NC 529 Plan is giving away $5,529 to one lucky winner in the “Dream Big” 5/29 Day Drawing. Participants receive entries for each contribution to their NC 529 Account during the month of May, and receive double entries for new accounts and for initiating a new (or increasing an existing) recurring contribution.
Ohio’s 529 Plan CollegeAdvantage is celebrating 30 years of saving for college with a giveaway. To celebrate their 30th anniversary CollegeAdvantage is giving away 30 college savings awards. One Grand Prize winner will receive a $3,000 award and 29 runners up will each receive a $529 college savings award. The sweepstakes has been extended until May 31st.
OCSP is celebrating National 529 Day by offering $50 when a new OCSP account is opened with $50 and a recurring contribution. Full details available at www.ok4saving.org/529Day. OCSP at Work launches this May for Oklahoma employers. Learn more at www.ok4saving.org.
Parents with babies born in South Carolina on May 29 are eligible to receive a privately funded $529 PalmettoBaby grant for their child’s future education when they open a Future Scholar account. The application deadline to be eligible to receive those grant funds is August 31, 2020. Parents and family members can visit FutureScholar.com to open an account, download the PalmettoBaby grant form and start their child on a path to saving for college.
Utah residents may earn up to $40 matching funds by opening a new account and maintaining contributions May 1-31, 2020. New this year, the promotion is available for the entire month of May.Open a new my529 account between May 1 and May 31, 2020, and you could be eligible to receive up to $40 contributed to your account.
The VT 529 savings plan and VSAC will provide some much needed graduation fanfare for the VT high school graduates of the Class of 2020 with a “have takeout on us” promotion including weekly drawings through June 26. Five winners every week will each receive $50 of tasty takeout from their favorite local restaurant or food business plus each get a $50 VSAC Gift of College card. Every VT high school grad of 2020 who posts a photo using the #VSACDelivers hashtag and tags @802VSAC qualifies for the grand drawing for $529 from VHEIP to be held by June 30, 2020.
Invest529 is giving away 10 accounts worth $529 each to webinar attendees. Learn how you can open a new tax-advantaged 529 account. If you already have an account, you can learn more about the expanded and new benefits of having an account with Virginia529.
Choose from a variety of webinar topics offered in the Smart Savers Academy. Register for as many as you are interested in. Sit back in the comfort of your home and enjoy learning about Invest529, a top-rated plan with some of the strongest performing investment options available. One randomly selected participant from each eligible webinar will win $529 toward a new or existing Invest529 account. More information.
WA529 is giving away 5 weekly gift cards of $50, and three grand prize gift cards of $529 on the last day of the promotion – which is May 29th. There are three ways to accumulate entries into the contest –
1.) Answer a weekly question on Facebook – things like “What does your child want to be when he or she grows up”, or “What is your child’s favorite book”.
2.) Go on a virtual scavenger hunt on the GET website. Learn more.
3.) Earn entries is to attend one of the daily short webinars with small groups during which participants have an opportunity for live discussion.
Edvest is celebrating National 529 Day by offering $50 when a new Edvest account is opened with $50 and a recurring contribution. Full details available at www.edvest.com/529Day. Edvest is also kicking off a new College Savings Made Simple webinar series this May. Register at www.edvest.com.
A good place to start