Oregon College Savings Plan ‘Baby Grad’ promotion
In aneffort to encourage families to start saving for college early, the OregonCollege SavingsPlan hasannounced its Baby Grad promotion.
Any Oregon CollegeSavings Plan (OCSP) account opened on behalf of a newOregon baby during themonths of January, February and March of this year will automatically receive a$25 matchingcontribution from the OCSP.
“We are really excited to offer thispromotion in an effort to encourage families to start saving for collegeearly,” explainedMichael Parker,executive director of the Plan. “Thanksto the principle of compounded interest,regularly scheduledcontributions can add up over time, andtheearlier a family starts saving, the more time their investment has to grow.”
Any adult who opens and funds an OCSPaccount on behalf of a new Oregon baby is eligible for the $25 match; a newOregon baby is definedas any person living in Oregon who was born in the 12months prior to the account being opened.The account must be funded with aminimum of $25, and there is a limit of one match per baby.
At the end of the three-monthpromotion period, which expires on March 31 , 2015, any qualifying accounts willreceive the$25 contribution.Matches are expected to be made during April 2015 and will be confirmed as a contribution transaction.
Families can open an account today or learn more at www.OregonCollegeSavings.com/BabyGrad or call 866-772-8464 .
About The Oregon College Savings Plan
The Oregon College Savings Plan, which is part of the Oregon 529College Savings Network, launched in January 2001 andhas grown tomorethan $1 billion in assets as of December 31 , 2014. The plan ismanaged by TIAA?CREF Tuition Financing,Inc. For more information abouttheOregon College Savings Plan, its investment options and how to enroll,visit www.OregonCollegeSavings.com or call toll free 866?772?8464.
Consider the investment objectives, risks, charges and expenses beforeinvesting in the Oregon College Savings Plan. Please visit OregonCollegeSavings.com for a Plan DisclosureBooklet with this and moreinformation. Read it carefully. Investments in the Plan are neitherinsured norguaranteed and there is the risk of investment loss.
