Artfully wrapped presents not your forte? Don’t have time to wait in the cold to grab the best deals? Looking to give a gift that outlives the latest fad? Edvest has you covered this holiday season with the gift of higher education.
Whether you’re ahead of the gifting game, or picking up a last-minute gift on Dec. 25, Edvest makes it easy with these simple options:
Invite friends and family to eGift securely, online to a child’s Edvest account. Non-expiring gifting codes are generated and can be shared via email and social media accounts. Friends and family can reuse the code as often as they like, making repeat contributions even easier.
Mail it in
If you’re looking to make a one-time gift to an existing 529 account, you can complete the simple gift deposit form and mail it with the contribution.
Edvest offers gift cards available for online purchase. With denominations ranging from $25 to $300, gifts can be sent to your budding scholar via email, text message or as a physical card. Gift cards have no expiration date for redeeming the funds.
The gift that keeps on giving
Beyond giving your child a head start when it comes to saving for college, when you open an Edvest account you’ll enjoy some tax advantages too…and so will your relatives or anyone else contributing to the account.
Wisconsin residents, regardless of their relationship to a child, can reduce their state taxable income by up to $3,140 per beneficiary per year. Plus, Edvest investment earnings grow tax-deferred and are tax-free at both the state and federal level when used to pay for qualified college expenses.
Give the gift of education today at Edvest.com or call an Edvest college savings specialist at (888) 338-3789.
To learn more about the Wisconsin College Savings Plan, its investment objectives, tax benefits, risks and costs, please see the Disclosure Booklet at Edvest.com. Read it carefully. Investments in the Plan are neither insured nor guaranteed and there is the risk of investment loss. If the funds aren’t used for qualified higher education expenses, a 10% penalty tax on earnings (as well as federal and state income taxes) may apply. Check with your home state to learn if it offers tax or other benefits such as financial aid, scholarship funds or protection from creditors for investing in its own 529 plan. Taxpayers should seek advice from an independent tax advisor based on their own particular circumstances. TIAA-CREF Individual & Institutional Services, LLC, member FINRA, distributor and underwriter for the Wisconsin College Savings Plan.