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529 Day College Savings Specials

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Every year, 529 plans offer specials in celebration of 529 day that of course occurs on  May 29th. The holiday is celebrating among many plans across the country by offering special deals on opening or contributing to a 529 plan. Contest money and scholarships are offered.

While you should contact your state or other plan your interested in to see if specials are offered, here are a few of the special offers going on around the country.

California

Want an extra $50 for your kid's college savings account? California's plan is offering a one-day only $50 match for new ScholarShare 529 plan accounts opened with  a$50 minimum deposit and a $25 automatic contribution.

Nevada

20 Nevada residents with children 13 years old or younger will receive $529 for their child's 529 plan account. Families just have to fill out the required online form by May 31st. The drawing will be held in June. See the official rules for more details.

Utah

Utah's Utah Education Savings Plan is offering new account holders who are Utah residents a $25 match on an opening contribution of $25 on 529 Day. When openning the account online, you'll enter promocode May29save4college.

If your state wasn't mentioned, checkout the College Savings Plan Network's

http://www.collegesavings.org/529Day_Map/#.VWfBQc9Viko

 Virginia

Virginia is having several specials for 529 Day. Anyone who opens a Virginia529 inVEST account in the month of May is eligible for a drawing where one winner gets a $10,000 contribution. In addition, the Truning Dreams into Reality Testimonial contest offers one past or current Virginia529 member can submit a statement about how the college savings plan helped make college a reality. The winner receives a $2,500  Virginia529 inVEST account. Finally babies born closest to 5:29 pm in select Virginia hospitals could receive a $529 college savings account.

South Carolina

This is probably the best state to be a baby born on 529 Day. Provided South Carolina parents fill out out the necessary paperwork on time, they'll receive a $529 deposit for their baby. Their isn't an income limit nor a limit to the number of babies who receive the grant. Thus, parents of triplets could get $529 each and you'll still receive the grant if your baby is the very last one born on May 29th.

Rhode Island

Rhode Island is also a great place to be a baby born any day! Every Rhode Island baby born or adopted as a Rhode Island resident is eligible for $100 529 plan grant.

Alabama

Was your Alabama baby born this month? In 48 hospitals families were given codes to enter a drawing for  a $529 plan. There will be 31 winners. Deadline for entry is July 1st.

Nebraska

Nebraska's NEST 529 plan is offering two big promotions. If you're "one of the first 200 individuals to open and contribute to a new account for a child who is eight years old or younger between May 29 and October 31, 2015 with Promo Code "YOUNG2015", you'll "receive a $100 Bonus contribution into your new account." The NEST offers promotions and scholarship opportunities year round. so always check their website for current promotions and scholarships. 

If your state wasn't mentioned, don't fret. There may be a promotion going on for you after all. Checkout the College Savings Plans Network's interactive site of 529 plan promotions.

 

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