RICHMOND, Va., June 27, 2017 /PRNewswire/ -- Gift-givers have a new and convenient way to help loved ones with future higher education expenses through the Virginia529 gift card, now available at all Toys"R"Us® and Babies"R"Us® stores throughout Virginia.
While purchasing a gift card, customers can choose a denomination between $25 to $500. Recipients then redeem the gift at GiftofCollege.com, and add the value to a new or existing Virginia529 account linked to Gift of College.
"The simplicity of Virginia529 Gift of College gift cards is one recipients and givers can appreciate," said Mary Morris, Virginia529 CEO. "While many are hesitant to specifically request money for college, students are grateful for financial help, especially with the increasing cost of higher education. Family and friends will find comfort knowing their gift will last a lifetime, and can shop with confidence that they are providing something both unique and valuable."
Virginia529 accounts can fund a variety of post-secondary educational opportunities, including associate or bachelor's degrees, graduate school and certification programs. This flexibility makes Virginia529 Gift of College gift cards appropriate for birthdays, holidays and graduations.
Learn about the Virginia529 Gift of College gift card at Virginia529.com/redeem.
Virginia529 makes higher education more accessible and affordable for families and individuals. With more than $62 billion in assets under management and 2.5 million accounts as of March 31, 2017, Virginia529 is the largest 529 plan available. Flexible, affordable, tax-advantaged programs and early commitment scholarship program SOAR Virginia® assist students of any age in reaching their higher education goals. For more information on Virginia529's savings options, visit Virginia529.com or call 1-888-567-0540 to obtain program materials. These include information on Virginia529 programs, 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. Virginia529 encourages prospective participants to seek the advice of a professional concerning any financial, tax or legal implications related to opening an account. For residents of states other than Virginia: your state or the beneficiary's state of residence (if different) may sponsor a 529 plan that offers state income tax and other benefits not available to you through Virginia529. ©2017 Virginia529. All Rights Reserved.