State Treasurer Todd Russ says Oklahoma 529 will celebrate National 529 Day with a special $50 bonus offer on new accounts opened from May 22 through June 5.

“I’m hopeful this bonus offer for new accounts will encourage Oklahoma parents, grandparents and other family members to start preparing for the cost of future education for their loved ones,” Treasurer Russ said.

Oklahoman education savings can go farther with Oklahoma 529’s tax benefits and they can be utilized for more educational expenses than ever before. State taxpayers may qualify for a state tax deduction, state and federal tax-deferred growth of any earnings in the account and tax-free withdrawals for qualified education expenses.

“Oklahoma 529 is the smart choice,” Russ said. “It can provide a solid investment vehicle to help Oklahoma families save for a child’s educational journey. Our 529 Day offer demonstrates our commitment to helping Oklahomans build a strong investment foundation for their loved one’s future.”

New accounts opened with as little as $50 will receive a $50 bonus after setting up a recurring contribution of $50 or more through December 31, 2023. Visit oklahoma529. com/529offer to learn more.

For more information about Oklahoma 529 or to open an account, visit oklahoma529.com or call(877- 6547284.