Open a CollegeBound account for your preschool-age child before December 31 and receive $100 from RI Treasury

Published on Tuesday, December 17, 2024

Providence, RI – Today, General Treasurer James A. Diossa announced that families of children enrolled in childcare centers can receive a one-time $100 CollegeBound incentive if they open an account before the end of the year. No initial contribution is needed to open an account. CollegeBound Saver is Rhode Island’s official 529 education savings plan, designed to help families save for future educational expenses. It offers a simple, flexible way to invest in a loved one’s future.

“The cost of higher education continues to go up. As Treasurer, I want to ensure that families are thinking about the importance of saving for our children’s future educational goals,” said General Treasurer Diossa. “This holiday season, gift an account to your child, grandchild, niece, or nephew, and we’ll contribute $100 to get them started on this important journey.”

“Education is the foundation of a bright future, and as early childhood educators, we believe that saving for college from a young age is the most meaningful gift a family can give their child—a gift that lasts a lifetime,” said Erica Saccoccio, President and co-founder of Family Tree in Warwick, where the announcement was made. 

The promotion ends on December 31, 2024, and is available to the first 800 new accounts opened. Visit CollegeBoundSaver.com/Future or call 877-517-4829 to get started.