Smiling grandmother and granddaughter hugging

If loved ones are asking for gift ideas or if you are still searching for a perfect present this holiday season, how about the gift of education? A contribution to your account with Ohio 529, CollegeAdvantage, will grow over time to pay for your child’s or grandchild’s college and career training as well as help them avoid student loan debt.

Ohio 529 can help others give this meaningful present at 529 Gift Central! The one-stop shopping site shows how a contribution of as little as $25 can grow with all the tax benefits that an Ohio 529 account offers. You or a loved one can contribute online, by mailing in a check directly to CollegeAdvantage, or opening an Ohio 529 account as a gift.

An easy gift-giving feature that Ohio 529 offers is Ugift, which is an innovative way to invite family and friends to save your children’s future college costs when celebrating holidays, birthdays, and special achievements with gift contributions to your CollegeAdvantage Direct 529 account.

Ugift makes it simple for loved ones to add to your child’s or grandchild’s Ohio 529 plan without needing to share the actual account number. After logging into your Ohio Direct 529 account, you can set up an Ugift code to send to family and friends who would like to give the gift of education. This code permits them to make online gift contributions directly to your CollegeAdvantage Direct 529 Plan when they visit Ugift529.com.

If you have downloaded the READYSAVE 529 app, you can send an Ugift invitation to your family and friends through a text message, email, Facebook Messenger, Facebook post, or Instagram Message — just in time for the holidays and end-of-year giving.

If a gift giver is an Ohio resident who wants to contribute to your Ohio 529 account through Ugift, their contribution must be received in good order before 4 p.m. EST Tuesday, Dec. 19, to include it in their 2024 State of Ohio income tax deduction.

The deadline for account owners to contribute to their plans before year-end is fast approaching! To have your contributions included for your 2024 State of Ohio income tax deduction, all contributions must be received in good order by CollegeAdvantage before 4 p.m. EST Tuesday, Dec. 31.

To learn more about gifting options with Ohio 529 and order holiday and special occasion greeting cards, visit 529 Gift Central.

Since 1989, Ohio 529, CollegeAdvantage, has been helping families across the nation save for their children’s education after high school. Ohio 529 account will pay for qualified costs at any four-year college or university, two-year community college, trade or vocational school, apprenticeship approved by the U.S. Labor Department, or certificate program nationwide that accepts federal financial aid. Start, add, or give a gift with as little as $25 at CollegeAdvantage.com.

Happy holidays and thank you for selecting CollegeAdvantage as your savings plan for your children’s and grandchildren’s college and career training costs.

Back To Top

Notice

Closing the playlist now will erase progress completed.

Lightbulb icon

529 Short Course: New Parents

5 things every new parent needs to know about saving for education

  1. Why Ohio 529?
    529s are specifically created for higher education savings. Unlike a traditional banking account, a 529 account benefits from tax-free earnings and tax-free withdrawals. For Ohio residents, there is also a state income tax deduction for those contributions.
  2. It’s simple to start.
    You can open your 529 account online in minutes with as little as $25. With ready-made portfolio options, you don’t have to be a financial expert to feel confident in your savings plan choices.
  3. Set it and forget it with automatic deposits.
    The sooner you start saving, the longer your account benefits from the Ohio 529 tax advantages as well as compound interest. Many new parents take their 529 contributions off their to-do list by setting up small automatic deposits from either their banking accounts or paycheck. Also, with our ReadySave 529 app, it’s also easy to track and adjust your account right on your mobile device.
  4. Save for college, career training, and more.
    Ohio 529 can be used at over 30,000 schools of all kinds, nationwide, including universities; community colleges; trade, technical, and vocational schools; certificate programs; and apprenticeships. Your Ohio 529 account can also pay for K-12 tuition at a public, private, or religious school. And, if it’s not needed for educational expenses, you can now roll over your 529 to a Roth IRA.
  5. Others can help.
    It’s easy for family and friends to contribute to your child’s account and receive tax benefits for themselves. You can share your account’s unique Ugift number with others to contribute online without creating their own 529 accounts. Those who live in Ohio will also receive a state income tax deduction for their contributions. Also, you can sign up to have reminder emails sent to you and loved ones for the big milestones in your child’s life.

Hoping to find gold at the end of the rainbow? If you are saving with Ohio 529 CollegeAdvantage, you have the benefit of Ugift with your account, which is savings gold.

Ugift makes it easy for others to give to your Ohio 529 account. With Ugift, you generate a unique code which allows loved ones to contribute to your Ohio 529 savings plan without needing the actual account number. Once they have the Ugift code, your friends and family can visit Ugift529.com to make their online gifts directly to your 529.

When friends and family ask for gift ideas, share that you are saving for your child’s future education with Ohio 529. Then invite them to join in with gift contributions to your Ohio 529 account with Ugift. After all, a gift for your child’s education will truly last a lifetime.

The quickest and easiest way to pass along your child’s Ugift code is with the ReadySave 529 app, which you can access as an Ohio 529 CollegeAdvantage account owner. At the bottom of every page is an Ugift icon. Click on the gift symbol to view your Ugift code which you can send immediately as an invitation via texts, emails, and Facebook/Instagram chats from your phone.

Or log into your account online to view your child’s Ugift code to send to family and friends who would like to give the gift of education.

The Ugift code doesn’t expire. Which means whenever there is an occasion to celebrate­ like baby showers, holidays, birthdays, graduations, and special achievements, your family and friends can give to your Ohio 529 account. And they can choose to contribute as much as they want whenever they want. It can be a one-time gift or recurring gift; all they need is that Ugift code. Your loved ones’ contributions - whether big or small – will add up over the years. Added to the power of compound interest, these gifts will power your 529 savings to cover even more college and career training costs.

An added bonus for gift givers who live in Ohio: They are also eligible to receive a state income tax deduction for their Ohio 529 gift contributions, up to $4,000 per year, per beneficiary.

To learn more about all of the gifting options with Ohio 529 and order cards for special occasions, visit  529 Gift Central.

  • 1 Thumbnail image for WATCH: Understand the cost of delaying
  • 2 Thumbnail image for WATCH: Compare the two most common ways to save
  • 3 Thumbnail image for READ: The 5 things every new parent needs to know about saving for education
  • 4 Thumbnail image for WATCH: Wondering about flexibility?
  • 5 Thumbnail image for WATCH: Here's help figuring out how much to save.
  • 6 Thumbnail image for READ: Why a Ugift code is savings gold
  • 7 Thumbnail image for WATCH:  Concerned about annoying fees?
  • 8 Thumbnail image for WATCH: The simplest, most popular way to invest
  • 9 Thumbnail image for WATCH: Complete portfolios with predefined risk levels