News & Press Releases
Accounts opened for an Oregon baby during Jan-March 2017 to receive a $25 matching contribution
SALEM, Ore. — The Oregon College Savings Plan is ringing in 2017 with a special gift for new Oregon babies. The Baby Grad promotion provides a $25 matching contribution to any Oregon College Savings Account opened on behalf of a new Oregon baby during the first three months of 2017.
Any adult who opens and funds an Oregon College Savings Plan account on behalf of a new Oregon baby is eligible for the $25 match. A new Oregon baby is defined as any person living in Oregon who was born in the 12 months prior to the account being opened. The minimum funding requirement is $25 and there is a limit of one match per baby.
“Our Baby Grad Promotion gives families an excellent incentive to start saving for their child’s education early,” said Michael Parker, executive director of the Oregon College Savings Plan. “Regularly scheduled contributions can add up over time, so the earlier a family starts saving, the more time their investment has to grow.”
At the end of the three-month promotion period, any qualifying accounts will receive the $25 contribution. Matches are expected to be made during April 2017, and will be confirmed as a contribution in the account. Families can learn more, view the official rules and open an account at OregonCollegeSavings.com/BabyGrad or call 866-772-8464 (void where prohibited).
About The Oregon College Savings Plan
The Oregon College Savings Plan, which is part of the Oregon 529 College Savings Network, launched in January 2001 and has grown to more than $1.4 billion in assets as of December 31, 2016. The plan is managed by TIAA?CREF Tuition Financing, Inc. For more information about the Oregon College Savings Plan, its investment options and how to enroll, visit OregonCollegeSavings.com or call toll free 866?772?8464. Follow the Oregon College Savings Plan on Facebook.com/OregonCollegeSavings and Twitter.com/OregonCSP; all social media platforms are managed by the State of Oregon.
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Consider the investment objectives, risks, charges and expenses before investing in the Oregon College Savings Plan. Please visit OregonCollegeSavings.com for a Plan Disclosure Booklet with this and more information. Read it carefully. Investments in the Plan are neither insured nor guaranteed and there is the risk of investment loss.
TIAA-CREF Tuition Financing, Inc., program manager. TIAA-CREF Individual & Institutional Services, LLC, member FINRA, distributor and underwriter for the Oregon College Savings Plan.