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$50 Target gift card for opening a 529 account

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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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Created 12-05-2017 at 06:03 PM by Mistaspakles
in Education
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#2
post pic of fine print please.

the part with the * before it.
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#3
Thanks. I've included the fine print in the body of the message.
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#4
Thanks, I got a post card this week advertising the same. Even though this is California's plan its good for all states and its ranked as one of the better 529 plans
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Last edited by arribasn December 6, 2017 at 09:06 AM.
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#5
Must contribute $50 when opening and have automatic contributions of $25 or more for 6 mos. Must create account on December 7, 2017 (12:01 AM) or December 8, 2017 (11:59PM)(PST).

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! Smilie

Good luck!


https://www.scholarshare.com/buzz..._VanityURL
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#6
This offer is only for CA State Employees. You have to register for the $50 first and use your Dept name when you do. Unless the "registration" page shows up tomorrow on 7th and this has been opened to general CA residents.
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Last edited by ultratumba December 6, 2017 at 12:28 PM.
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#7
repost, do a search first... it was posted yesterday and did not get much action.
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#8
Quote from ultratumba
:
This offer is only for CA State Employees. You have to register for the $50 first and use your Dept name when you do. Unless the "registration" page shows up tomorrow on 7th and this has been opened to general CA residents.
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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Last edited by Mistaspakles December 6, 2017 at 01:30 PM.

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#9
I had been thinking about contributing some for.my 2 kids (5 & 2 yrs old). Looks like ab excellent opportunity to get started. Is this only for Californians? Can I join and set up direct deposit, say 2- accounts $50 each for AZ resident?? Also how good of this program ?? I was checking some state sponsored 529s...
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#10
Interesting. Thanks for the correction.
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#11
Are there any account maintenance fees or closing fees? I already have a NEST 529 that I contribute to regularly, Can I open another 529??
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Quote from DayaO
:
I had been thinking about contributing some for.my 2 kids (5 & 2 yrs old). Looks like ab excellent opportunity to get started. Is this only for Californians? Can I join and set up direct deposit, say 2- accounts $50 each for AZ resident?? Also how good of this program ?? I was checking some state sponsored 529s...
This is for anyone in the US. I have one for each of my two kids (I live in MN). After lots of research, I decided the CA 529 had the best options.
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Quote from Mistaspakles
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This is for anyone in the US. I have one for each of my two kids (I live in MN). After lots of research, I decided the CA 529 had the best options.
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??
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Quote from Mistaspakles
:
This is for anyone in the US. I have one for each of my two kids (I live in MN). After lots of research, I decided the CA 529 had the best options.
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.
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Quote from DayaO
:
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??
You can set up multiple 529's. I'm not sure about deducting from your paycheck. Mine is auto-drafted from my checking account
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