First post so please be gentle. I received an email today offering a $50 Target gift card for opening a new 529 account between 12/7 and 12/8 through ScholarShare. $50 initial deposit with reoccurring $25 drafts from your checking account.
Fine print:
*When you open a new ScholarShare 529 College Savings Plan account with a $50 contribution (and sign up for ongoing automatic contributions of $25 or more per month) between December 7, 2017, at 12:01 a.m. and December 8, 2017, at 11:59 p.m. (PST), you will be mailed a $50 Target GiftCard on or before June 30, 2018. Visit ScholarShare529.com/holidayoffer for official Terms and Conditions. Void where prohibited or restricted by law. Sponsored by ScholarShare 529 College Savings Plan.
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the part with the * before it.
Gift card will be mailed to you on or before June 30, 2018.
I started one for my kid last month and got nothing for it (except hope that my kid goes to college) but my loss should be someone's gain!
Good luck!
https://www.scholarshar
Eligibility: Offer open to individuals who are legal residents of the 50 states of the United States who are at least 18 years of age or older as of December 7, 2017 and have a social security number or federal taxpayer identification number and excludes the following: (a) members, officers, and employees of SIB; TFI and its parent, subsidiaries, affiliates, owners, members, directors, managers, officers, employees, trustees, agents; and their respective immediate family members (spouse, domestic partner, parents, legal guardians, grandparents, grandchildren, siblings, children and "step" of each) and those individuals living in their same household; and (b) FINRA affiliated customers. All taxes and other costs associated with this promotion are solely the responsibility of the recipient and/or beneficiary. Beneficiary for the new ScholarShare Plan account cannot be a beneficiary of an existing ScholarShare account for that account owner.
Looks like it excludes state employees
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Thanks for quick reply. So I can set up one each for each kid? 2 different contribution on 2-529 account with from same paycheck??
Good point. Yes, you can set up a 529 for any state in the country, I believe. However something to consider… My state, Nebraska, only provides a state tax income tax deduction for a Nebraska state 529 account contribution. So if I were to open and contribute to a 529 account in Iowa I wouldn't receive the State tax benefit.