Comments on: $25 Referral Bonus for 529 Plan http://www.mydollarplan.com/25-referral-bonus-for-529-plan/ finance. money. action. Fri, 20 Nov 2009 12:02:44 -0600 http://wordpress.org/?v=2.8.6 hourly 1 By: Madison http://www.mydollarplan.com/25-referral-bonus-for-529-plan/#comment-4990 Madison Fri, 26 Sep 2008 17:51:59 +0000 http://www.mydollarplan.com/?p=559#comment-4990 @ Gaby: The bonus money will be added to the 529. @ Gaby: The bonus money will be added to the 529.

]]> By: Gaby http://www.mydollarplan.com/25-referral-bonus-for-529-plan/#comment-4986 Gaby Fri, 26 Sep 2008 16:44:12 +0000 http://www.mydollarplan.com/?p=559#comment-4986 Is the bonus money deposit in the 529 plan or the bank account? Is the bonus money deposit in the 529 plan or the bank account?

]]> By: Money Hacks Carnival #31 — Crisis And Bailout : Moolanomy http://www.mydollarplan.com/25-referral-bonus-for-529-plan/#comment-4960 Money Hacks Carnival #31 — Crisis And Bailout : Moolanomy Thu, 25 Sep 2008 02:56:08 +0000 http://www.mydollarplan.com/?p=559#comment-4960 [...] $25 Referral Bonus for 529 Plan at My Dollar Plan. [...]

[...] $25 Referral Bonus for 529 Plan at My Dollar Plan. [...]

]]> By: Madison http://www.mydollarplan.com/25-referral-bonus-for-529-plan/#comment-4931 Madison Tue, 23 Sep 2008 14:32:30 +0000 http://www.mydollarplan.com/?p=559#comment-4931 @ NickFadz: I like the way you think! Here is some info from the Q&A: Q. Is there a limit to how many referral bonuses I can receive? A. Yes. An individual (Account Owner) can earn a maximum of 20 referral bonuses for a total of $500. Q. I currently have two CollegeAdvantage accounts, but have not yet opened an account for my third child. Can I receive a referral bonus for opening a new account for my own child? A. Yes, you would receive a $25 referral bonus for one of your existing accounts (whichever one you used as the referral code) and a $25 referral bonus for the new account. Simply complete the referral bonus section on either the online or paper application when you open the new account. I can't find anything that prevents you from opening multiple accounts yourself. With the one about the kids, they imply that each account will have a different beneficiary, but it doesn't say it has to be. If you decide to try out such an adventure... keep me posted on how it works! @ NickFadz: I like the way you think! Here is some info from the Q&A:

Q. Is there a limit to how many referral bonuses I can receive?

A. Yes. An individual (Account Owner) can earn a maximum of 20 referral bonuses for a total of $500.

Q. I currently have two CollegeAdvantage accounts, but have not yet opened an account for my third child. Can I receive a referral bonus for opening a new account for my own child?

A. Yes, you would receive a $25 referral bonus for one of your existing accounts (whichever one you used as the referral code) and a $25 referral bonus for the new account. Simply complete the referral bonus section on either the online or paper application when you open the new account.

I can’t find anything that prevents you from opening multiple accounts yourself. With the one about the kids, they imply that each account will have a different beneficiary, but it doesn’t say it has to be.

If you decide to try out such an adventure… keep me posted on how it works!

]]> By: NickFadz http://www.mydollarplan.com/25-referral-bonus-for-529-plan/#comment-4930 NickFadz Tue, 23 Sep 2008 13:37:13 +0000 http://www.mydollarplan.com/?p=559#comment-4930 Is there a limit to how many times these referrals can be used? I do not believe there is a limit to the number of 529 accounts a single individual may have open at one time. Could this be used to get an automatic 200% return on an amount up to the maximum contribution limit ($321,000 for Ohio's plan)? You'd have to add that amount in $75 incriments of course ($25 contribution, $25 match in referral's account, $25 match in new account) but it's still a great return. Is there a limit to how many times these referrals can be used? I do not believe there is a limit to the number of 529 accounts a single individual may have open at one time. Could this be used to get an automatic 200% return on an amount up to the maximum contribution limit ($321,000 for Ohio’s plan)? You’d have to add that amount in $75 incriments of course ($25 contribution, $25 match in referral’s account, $25 match in new account) but it’s still a great return.

]]> By: Weekend Linkage - September 21, 2008 http://www.mydollarplan.com/25-referral-bonus-for-529-plan/#comment-4903 Weekend Linkage - September 21, 2008 Sun, 21 Sep 2008 15:37:33 +0000 http://www.mydollarplan.com/?p=559#comment-4903 [...] $25 Referral Bonus for 529 Plan If only they had offered the bonus last year …… [...]

[...] $25 Referral Bonus for 529 Plan If only they had offered the bonus last year …… [...]

]]> By: kendra http://www.mydollarplan.com/25-referral-bonus-for-529-plan/#comment-4889 kendra Fri, 19 Sep 2008 20:15:46 +0000 http://www.mydollarplan.com/?p=559#comment-4889 Thanks for this. I've been wanting to set up college savings plans for my two young sons (ages 4 & 2) for, oh, four years now and it just all seems so confusing. This might be the motivation I need to just go and do it already! Thanks for this. I’ve been wanting to set up college savings plans for my two young sons (ages 4 & 2) for, oh, four years now and it just all seems so confusing. This might be the motivation I need to just go and do it already!

]]> By: Madison http://www.mydollarplan.com/25-referral-bonus-for-529-plan/#comment-4885 Madison Fri, 19 Sep 2008 18:47:22 +0000 http://www.mydollarplan.com/?p=559#comment-4885 While I had them on the line, I also verified that I do not need to add you to my referral list as stated in #5. So you should be able to sign up with the referral code without notifying me. While I had them on the line, I also verified that I do not need to add you to my referral list as stated in #5. So you should be able to sign up with the referral code without notifying me.

]]> By: Madison http://www.mydollarplan.com/25-referral-bonus-for-529-plan/#comment-4884 Madison Fri, 19 Sep 2008 18:45:04 +0000 http://www.mydollarplan.com/?p=559#comment-4884 @ Clayton: I verified with College Advantage that there is no credit check. @ Clayton:

I verified with College Advantage that there is no credit check.

]]> By: Clayton W. http://www.mydollarplan.com/25-referral-bonus-for-529-plan/#comment-4883 Clayton W. Fri, 19 Sep 2008 18:08:56 +0000 http://www.mydollarplan.com/?p=559#comment-4883 Does this 529 perform a credit check? I ask because I don't want to dent my credit score, albeit temporarily, for $25. Thanks. Does this 529 perform a credit check? I ask because I don’t want to dent my credit score, albeit temporarily, for $25.

Thanks.

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