Open a new account between Feb 14-28 and ScholarShare 529 will give $100 to one of six selected charities of your choice*
SACRAMENTO, Calif.–(BUSINESS WIRE)–#CA529–February may be the shortest month of the year, but ScholarShare 529, California’s official college savings plan, is making it worth your while with a new promotion that’s all about helping others while saving for your child’s future. With the ‘Share It Forward’ promotion, ScholarShare 529 will give $100 to a charity of your choice* when you open a new ScholarShare 529 account with an initial deposit of $1,000 or more between February 14 through February 28, 2023.
“ScholarShare 529 has selected six incredible organizations who could benefit greatly from your participation in the ‘Share It Forward’ promotion,” said Julio Martinez, Executive Director of the ScholarShare Investment Board. “Each contribution will help provide much needed financial resources to help deserving children and families throughout California improve their educational and career goals, all while kickstarting your own child’s college savings journey.”
ScholarShare 529 is a tax-advantaged way to save for higher education. Withdrawals are free from state and federal taxes when used for qualified higher education expenses, such as tuition and fees, computer equipment, books, or certain room and board costs. ScholarShare 529 also provides 100% tax-deferred growth, which can mean more money for college.
Opening a ScholarShare 529 account is simple, and the entire process can be done online at ScholarShare529.com. Accounts can be set up in as little as 15 minutes, and can be easily managed online or by mail. To participate in the ‘Share It Forward’ promotion, you will need to open a new account with a minimum deposit of $1,000. Once the account has been opened, you will be asked to select one of six codes for selected charities which include 916 Ink Youth Writers, DIY Girls, The Heal Project, Rewritten, United Through Reading, and Youth 2 Leaders Educational Foundation. After entering the selected code into the promo code box during the account opening process, ScholarShare 529 will then ‘Share It Forward’ on your behalf by donating $100 to your selected charity.
“Don’t let the clock run out on this opportunity to help others in needs,” said Martinez. “The ‘Share It Forward’ promotion has the potential to make an enormous impact on those around us.”
*Visit www.ScholarShare529.com/share or call 1-800-544-5248 for complete terms and conditions as well as eligible charities and their offer codes. Promotion ends 2/28/2023. Sponsored by ScholarShare 529.
About ScholarShare 529
ScholarShare 529 serves as California’s official college savings plan. Administered by the ScholarShare Investment Board, ScholarShare 529 provides families with a valuable tool that offers a diverse set of investment options, tax-deferred growth, and withdrawals free from state and federal taxes when used for qualified higher education expenses, such as tuition and fees, books, certain room and board costs, computer equipment, and other required supplies. ScholarShare 529 manages $12 billion in plan assets across more than 393,000 ScholarShare 529 accounts as of 1/31/2023. To open a ScholarShare 529 account or get more information about the plan, visit www.ScholarShare529.com. For information about the ScholarShare Investment Board, visit www.treasurer.ca.gov/scholarshare, like ScholarShare 529 on Facebook at www.facebook.com/scholarshare529, and follow them on Twitter at @ScholarShare529. For more information about ScholarShare 529, visit www.ScholarShare529.com.
Contacts
Media Contact:
Alma Murphy
916-251-1283
