How do I contribute to the Oklahoma 529 College Savings Plan?
You can open an Account by check, through the automatic contribution plan, by electronic funds transfer (including electronic purchase option), or through a transfer of funds between Accounts or a rollover. The minimum initial contribution is $100 per Investment Option and the minimum subsequent contribution to an Account is $25 per Investment Option. You can also contribute as little as $15 per investment option per pay period using payroll deduction through participating employers. Each Account can have only one Account owner and one beneficiary. However, each beneficiary may have more than one Account and, you may open separate Accounts for as many different beneficiaries as you wish. To set up an automatic contribution plan log-in to your account or use the Electronic Banking Form (PDF). To set up Payroll Deduction, use the Payroll Deduction Form (PDF).
Related Questions
- Can I take a distribution from both an Oklahoma 529 College Savings Plan account and Coverdell Educations Savings Account to pay for expenses in the same year?
- Can assets from an UGMA/UTMA account be transferred to the Oklahoma 529 College Savings Plan?
- Are there any fees associated with opening an Oklahoma 529 College Savings Plan account?
