Do you know what May 29th is? Its National 529 Day! And this year if you start your child or grandchild off with a Florida Prepaid 529 College Savings Plan you can earn up to $50 in additional savings reward!
Unlike other Florida Prepaid College Plans, you do not even have to be a Florida Resident in order to take advantage of a Florida 529 Savings Plan! Any U.S. Citizen or resident alien may open a Florida 529 Savings Plan at any time. In fact, a Florida 529 Savings Plan can be opened for any child or adult who is a U.S. Citizen or resident alien.
Florida 529 Savings Plans can be used tax-free to pay for any qualified higher education expenses nationwide. If your student does not use all of the funds from your plan, you can choose to use the remaining investment for graduate courses, transfer to an eligible family member, or even refund the remaining balance to the account holder.
Florida Prepaid 529 Savings Plans are the most flexible way to save for college. This investment-based plan lets you save as little or as much as you would like and on your own schedule! There is no minimum contribution to get started and you can change your contribution amount at any time. You can be as aggressive or conservative as you like and it only takes about ten minutes to get started!
529 Summer Jump Start Campaign
In conjunction with National 529 Day, Florida Prepaid is offering the 529 Summer Jump Start where you can earn up to $50 in savings rewards. If you are one of the first 5,000 families to open up a 529 College Savings Plan now through May 20th, Florida Prepaid will seed your account with $25. If you set up a monthly contribution of $25 to that account, they will add another $25 – just to say thank you!
Florida Prepaid 529 Savings Plans can be used for many educational costs – from qualified k-12 expenses to higher education tuition and fees, housing, books, and supplies. The plan allows your investment earnings to grow tax-free – which means more dollars saved for your students future.
Florida 529 Savings Plans can be used alone or alongside a Florida Prepaid College Plan to make paying for college expenses even easier. For example, you can have your Prepaid College Plan cover tuition while your 529 Savings Plan covers books, supplies, and housing.
To get started simply Open A Florida Prepaid 529 Savings Account, Choose from a variety of options to fit your savings goals, and watch your savings grow. You can change your monthly contributions at any time, and you can even invite friends and family to contribute to your college savings goals by using the eGift Portal.
Click here to get started with a Florida 529 Savings Plan and earn your first $50 in additional savings rewards in celebration of National 529 Day! Because Starting is Believing!