Lazy Man and Money

  • Blog
  • Home
  • About
    • What I’m Doing Now
  • Consumer Protection
    • Is Le-vel Thrive a Scam?
    • Is Jusuru a Scam?
    • Is Beachbody’s Shakeology a Scam?
    • Is “It Works” a Scam?
    • Is Neora (Nerium) a Scam?
    • Youngevity Scam?
    • Are DoTERRA Essential Oils a Scam?
    • Is Plexus a Scam?
    • Is Jeunesse a Scam?
    • Is Kangen Water a Scam?
    • ViSalus Scam Exposed!
    • Is AdvoCare a Scam?
  • Contact
  • Archive

CollegeAdvantage is Giving Away More Free Money

May 9, 2010 by Lazy Man 2 Comments

Several times in the last year (or longer) I have written about Ohio’s CollegeAdvantage 529 Plan and their gift of free money. It seems like they are always giving away free money. If you missed the last opportunity, now you have the chance for $50 in free money again.

Ten years from now, I see one of two things happening… either Ohio’s CollegeAdvantage 529 Plan is going to rule the 529 Plan World (at least for those states that don’t give tax breaks) or it’s going to need some rescuing from giving away all this free money. I’m betting on the former. Why? Well people tend to keep their 529 plans for a long, long time. They also tend to put a lot of money in them (as college is expensive). The combination leads to some significant gains for the financial institution. However, it is worth noting that CollegeAdvantage has some of the best low-expense Vanguard funds to choose from. In fact, before CollegeAdvantage had this program, I had written about my own adventures in choosing a 529 plan, I realized that CollegeAdvantage was the best option for me.

How to Sign up for CollegeAdvantage

  • Go to Ohio’s CollegeAdvantage and open an account before June 30, 2010.
  • 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 $50 $25 bonus in 7-10 business days. Updated to reflect that it is a $25 bonus.

If you want, you can then use your account to refer a spouse and pick up even more free money.

Some people may avoid this because they have no children now – and no plans to have children. My wife and I have no children. I’m taking advantage (pun intended) of the program for either a future child, my niece or nephew… or possibly even myself or my wife when we retire.

Email (and share) This

  • Email
  • Facebook
  • Twitter
  • Pinterest

Related

Filed Under: College Tagged With: 529 plan, collegeadvantage, ohio

SIGN UP NOW FOR MONEY TIPS AND A CHANCE TO WIN $25 MONTHLY

Comments

  1. Sophomore says

    May 9, 2010 at 6:31 am

    The article is not quite accurate if you check into the indicated website. Lazy Man will receive $50 to his account as the referrer for each funded sign up. The gentle referrer will receive a $25 bonus.

    Reply
    • Lazy Man says

      May 9, 2010 at 7:26 am

      Thanks Sophomore. I thought it was the other way around because CollegeAdvantage used to offer another $25 for seeing up a direct deposit. Seems like they changed up the program this time and I didn’t notice the change that they’ve omitted that.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

As Seen In…

Join and Follow

RSS Feed
RSS Feed

Follow Me on Pinterest

Search The Site

Recent Comments

  • Lazy Man on Passive Income Update: December 2020
  • Lazy Man on Passive Income Update: December 2020
  • Lazy Man on What’s My Pension Worth?
  • Louis on What’s My Pension Worth?
  • Financial Samurai on Passive Income Update: December 2020

About

Learn more about Lazy Man and Money, how the site developed over the years, and more at the About page.

Recent Posts

  • Passive Income Update: December 2020
  • How To Teach Kids About the Stock Market?
  • 2021 Goals and Resolutions
  • The Extreme Lazy Man Diet
  • Things I’m Looking Forward to in 2021

Connect

  • Email
  • Facebook
  • Google+
  • Pinterest
  • RSS
  • Twitter

Please note that we may have a financial relationship with the companies mentioned on this site. We frequently review products or services that we have been given access to for free. However, we do not accept compensation in any form in exchange for positive reviews, and the reviews found on this site represent the opinions of the author.


© Copyright 2006-2021 · Perfect Plan Publishing, Inc. · All Rights Reserved · Privacy Policy · Advertising · A Narrow Bridge Media Design

loading Cancel
Post was not sent - check your email addresses!
Email check failed, please try again
Sorry, your blog cannot share posts by email.