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.