Alaska 529 will pitch in a $250 contribution.
Alaska 529 knows that getting off the starting block when saving for education can be challenging. That's why the Dash to Save incentive program was designed to help families get a strong start with a $250 incentive contribution.
Open and fund one of the first 5,000 new account relationships this calendar year, and you may be eligible to receive a $250 contribution.§ You can get started with a minimum of $25, but the more you invest, the more potential savings you'll have for future education expenses.
You can only qualify once for the Dash to Save incentive program per account relationship.
A new account relationship consists of a unique account holder/beneficiary relationship that is new to Alaska 529. This means that no previously existing account has or has had the same account holder with the same beneficiary.
There are no residency or age restrictions for the account holder or the beneficiary.
You can make your initial investment with a one-time contribution, a payment through Automatic Monthly Contributions (AMC) or direct deposit, a gift contribution, or a rollover-in from a 529 plan not offered by the Education Trust of Alaska.
Yes, accounts opened through PFD contributions are eligible for the Dash to Save incentive program as long as the following criteria are met:
Learn more about saving your PFD.
The contribution will be paid in February of the year after it is earned. For example, for a qualifying new account relationship opened in 2022, the contribution will be paid in February of 2023.
At the end of the calendar year, new accounts will be reviewed to identify the first 5,000 new account relationships established in 2022 based on date and time stamp that the account was funded. All qualified account relationships will receive the $250 incentive contribution on their account by February 2023.
The world is full of opportunities. Finding the spark that fuels the imagination is what life is all about. Whatever career path your child might choose, Alaska 529 has a plan for it. Let us help you turn your child's sparks into a bright, bright future.