Save Money for College While You Shop.

Here’s How:

  1. Every week, employees log onto our secure web site and order gift cards for their regular household purchases. Gift cards are available from America’s favorite retailers for gas, groceries, clothing, home improvement, entertainment, dining out and others.
  2. Employees do as much of their weekly shopping as possible this way to earn the maximum amount possible for their 529 college savings account. Employees also pay CareSponsors for their order while on-line via a secure ACH process.
  3. Your company releases the employee orders as one “company order” on a designated day each week.
  4. CareSponsors ships those cards to your company for distribution to employees.
  5. Each gift card has an associated “contribution” of 2% - 15%. CareSponsors tracks the employees’ purchases and deposits their earnings into their personal 529 plan account every month.
  6. Quarterly, CareSponsors will forward your company a check made out to your designated non-profit organization.
  7. Employees manage their 529 plan investments as they do any other asset, and can add to it as their income and expenses allow.
  8. All contributions grow with special tax advantages. Families withdraw funds for qualified college expenses.