Get a Free $50 for Opening a 529 Educational Plan |
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Every now and again Ohio's 529 Plan, CollegeAdvantage, offers a nice bonus program to bring in new customers. If you have kids opening a 529 plan is smart money management. If you are like me and only have nieces and nephews it is a great gift to give. Getting started with them may be difficult, so I'd recommend my guide to choosing a 529 plan. That analysis lead me to go with Ohio's plan - even though they didn't have offer the bonus program. So they'll start you with $25 if you follow these directions below. (You guys get all the luck!)
- Go to Ohio's CollegeAdvantage and open an account before December 15th. Note: They allow themselves the ability to end the program at any time, so I would act NOW.
- When asked for a referral code use 2481398 to receive the bonus
- Deposit $25 or more to qualify for the bonus
- You should receive your bonus in in 7-10 business days
Since I already accounts in my niece and nephews name, I signed up last time and just made myself the beneficiary. I was too Lazy to sign up get my wife to sign up. This is a good time to take right that wrong.
I love when a great product offers a great deal. That's quite a rare find. However, it gets even better! If you set a recurring monthly electronic transfer before January 31st, they'll give you another $25 bonus - $50 in total free money. You just have to make sure that you transfer $25 a month, have a minimum of 3 transfers in a 90 day period, and still have the transfer active after the 90 days. So the way I read it, you could spend $75 to get $25 free. That's a nice 33% return on your investment.
This post deals with:529 plan, collegeadvantage, Free Money
... and focuses on:College, Investing
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Gotta love those quick and easy returns! Pretty nice return for not having to do much.
Are there any fees/rules for beneficiary transfer?
I’m sure there are some rules, but I don’t believe there are any fees. I’m fairly sure it’s just a matter of filing paperwork.
Hi Just wanted to thank you for your research on the topic, which helped me validate mine. Your email was the final nudge to get me to sign up; I just did and so you should be seeing a referral credit soon. Cheers! Louise