Give the Gift of Education

Give the Gift of Education

 
 

- min read

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Hunting down the perfect gift for a child in your life can be a stressful part of the holiday season. Squishmallows. Barbie’s Dreamhouse. A giant inflatable T-Rex?! These are among the most popular toys this holiday season, according to The Toy Insider. But while they may top wish lists, they often end up abandoned in a corner by spring and in the donation box by next Christmas.

This year, give the kids in your life a thoughtful, nontraditional gift that is unlike toys that are abandoned, forgotten or thrown away—the gift of education and a debt-free start to their adult lives. Whether for your own children, nieces and nephews, grandchildren or any young one in your life, a contribution to a 529 plan with The Education Plan® will be a gift that lives long past the holiday season.

With The Education Plan, you can gift as little as $25, making it a perfect fit for every budget. And because anyone can contribute to a 529 account with The Education Plan—from grandparents to friends to neighbors—it’s an easy way to wrap up holiday shopping for the kids in your life without the stress.

According to a recent 2022 Holiday Retail Survey, the average American household will spend nearly $1,500 on holiday gifts in 2022, with parents spending about $276 on each child’s gifts. Setting aside some of that budget for a gift contribution to their 529 plan is a meaningful way to show them that you believe in them and their dreams for the future. Making a gift contribution a holiday tradition can also be a great way to talk about their future dreams and the importance of saving for higher education every year.

Asking for a 529 Gift

For parents of young children, the holiday season often brings toy overload. Asking loved ones for a 529 gift contribution in lieu of more traditional gifts is an easy way to think outside the toy box and invest in their future. Not only can a 529 gift contribution assist your children with less debt, but it’s also a great way to ‘crowd-fund’ their education. You can even download and print one of these gift certificates so you have something to wrap and put under the tree or tuck into a stocking.

Setting up your 529 account to accept gifts is easy with Ugift. The system generates a unique code that you can share with loved ones to contribute to your child’s 529 quickly and easily.

How to Set Up Gifting With Your Account

  1. Login to your account with The Education Plan.
  2. Click on the Ugift icon.
  3. Follow the steps to generate your unique Ugift code.
  4. Share your code with loved ones and direct them to this page to give a gift.

It’s a great idea to set this up before any occasion, particularly birthdays, holidays, baby showers, and graduations. With gift contributions going into a plan from a few different people, a few times a year, education savings can really add up!

Log in to your Account and click the Ugift icon to get started.

 

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