WA529 Invest Celebrates National 529 Day
WA529 Invest, the official education savings plan of Washington state, is proud to celebrate National 529 Day with a special promotion aimed at encouraging families to save for their children's education. Between May 20 and May 31, 2025, families who open a new account with WA529 Invest will receive a one-time incentive of $50, provided they make an initial deposit of at least $50 and establish a recurring monthly contribution of $50 or more.
Why National 529 Day Matters
National 529 Day highlights the importance of education savings, especially in a nation where the cost of higher education continues to rise. WA529 Invest serves as an ideal solution for parents looking to support their children's educational future. This tax-advantaged plan allows families to save for a range of post-secondary education, including universities, community colleges, and qualified trade programs.
Benefits of WA529 Invest
With WA529 Invest, the benefits extend beyond just a financial contribution. The funds can be used at most educational institutions across the U.S. and even at many overseas schools. The flexibility and tax advantages offered through WA529 Invest make it a suitable choice for diverse educational needs. As Washington state’s public education system continues to evolve, WA529 Invest presents an effective way for families to dream big while planning financially for success.
How to Take Advantage of the Offer
Participants can easily access the details of this promotional offer at
529invest.wa.gov/529day25. Additionally, the READYSAVE™ 529 mobile app—available in the Apple App Store and Google Play—provides a convenient platform for managing accounts and utilizing the promotional $50 incentive.
The app also features an online gifting tool, where account holders can invite friends and family to contribute to their education savings account through a service called Ugift®. This capability is especially valuable during the graduation season in May, allowing families to maximize their savings efforts by leveraging support from loved ones.
Comments from WA529 Leadership
Luke Minor, Senior Director of WA529, expressed enthusiasm about this initiative, asserting, "What an opportunity for our state's families to join WA529 Invest and plan for their children's future. We are very excited to offer this incentive during a time when families need it the most. Children are the future, and we can work together to make that future accessible for everyone."
A Commitment to Education Savings
The WA529 program comprises two main offerings: WA529 Invest and the GET Prepaid Tuition Plan, both designed to provide tax-advantaged opportunities for Washingtonians to save for education. The Washington Committee on Advanced Tuition Payment and College Savings supervises the program, ensuring that it develops effectively to serve families’ varied needs. This oversight committee includes key state officials dedicated to empowering future generations through educational savings plans.
Conclusion
In summary, WA529 Invest's promotional incentive invites families to take a proactive approach towards education savings. With a commitment to providing valuable financial resources and tools, WA529 Invest is making strides to support Washington's future by enabling families to save effectively for their children's educational journeys. As this promotion draws interest from many, the hope is that more families will seize this unique opportunity to invest in their children's futures.
For complete terms and conditions, please visit the official website. Remember, this special $50 offer ends on May 31, 2025. As with any investment, individuals are encouraged to review the Program Details Booklet at 529Invest.wa.gov before making investment decisions.