Richmond, Va., Dec. 17, 2018 (GLOBE NEWSWIRE) -- It can be challenging to find the perfect gift for a grandchild, nephew, niece, or other young loved one. Virginia529, the nation’s largest 529 plan, announced today the availability of its Invest529 gift cards in more than 600 Target retail and H-E-B Grocery locations across the country, just in time for the holiday season.
Customers can purchase Invest529 gift cards in denominations between $25 and $500. Recipients then redeem the GiftofCollege.com co-branded card at Invest529.com, adding the value to a new or existing Invest529 account.
Invest529 accounts can be used to fund qualified higher education expenses at eligible schools nationwide and even overseas. They can be used at public or private universities, graduate schools, and vocational schools.
“More families are saving in 529 plans, and we have seen ---and heard --- since launching our gift cards in 2017, how families appreciate the simplicity and flexibility of using these gift cards to save for education,” said Mary Morris, Virginia529 CEO.
"The cost of education continues to increase and parents need creative solutions for funding post high-school education. Our gift cards make a great birthday, holiday or anytime gift for family members and friends. We hope that these gift cards and our improved online gift center will enable Invest529 to help more families around the country successfully prepare for the future.”
The new Invest529 gift cards are now available at H-E-B Grocery and select Target locations in Virginia, Texas, Florida and California.
Find an Invest529 Gift of College gift card retail location near you at Invest529.com.
About Invest529:
Invest529SM makes higher education more accessible and affordable for families and individuals. With more than $4 billion in assets under management and nearly 300,000 accounts as of September 30, 2018, Invest529 is one of the fastest growing 529 programs in the country. Invest529 is one of only four gold-rated programs by Morningstar, and offers more than 20 portfolio options for individuals to choose from. For more information on Invest529’s higher education savings options, visit Invest529.com or call 1-888-567-0540 to obtain program materials. These include information on Invest529’s investment objectives, risks, charges, expenses and other important information; read and consider them carefully before investing. All investments are subject to risk, including the possible loss of the money you invest. Invest529 encourages prospective participants to seek the advice of a professional concerning any financial, tax or legal implications related to opening an account. Invest529 is offered exclusively by Virginia529, the nation’s largest college savings plan. For residents of states other than Virginia: before investing, you should consider whether your or the beneficiary’s home state offers any state tax or other state benefits such as financial aid, scholarship funds, and protections from creditors that are only available for investments in that state’s qualified tuition program. ©2018 Virginia College Savings Plan. All Rights Reserved.