The happenings "inside" the Wisconsin State Treasury and across the street at the State Capitol

FAQ: Is there a plan to set up an EdVest account?


Professor helping students at Smith College

Yes, EdVest offers a very useful and handy checklist to get you on track and on your way to saving money for your children’s, or other beneficiaries future.

You can start by using the online application to establish an individual or custodial (UGMA/UTMA) account.

Checklist:

– Both you and your beneficiary must be a U.S. citizen or resident alien with a U.S. taxpayer identification number to establish the account.

– Both you and your beneficiary must be a U.S. citizen with a U.S. mailing address to establish the account.

– Prior to opening an account Federal law requires you to list your name, street address, date of birth, and taxpayer identification number.

Also, EdVest does not accept credit card checks and does not accept third-party checks when opening a new account.

 

Please have the following available before you begin to set up your EdVest account:

– Social Security number (SSN) or Taxpayer Identification number (TIN)

– Address and SSN/TIN of your Successor Account Owner (if you choose to name one)

– Address, SSN, date of birth, and anticipated year of college enrollment of your Beneficiary

– A blank check for your reference (if funding online).

Advertisements

3 responses

  1. Pingback: FAQ: How Do I Open An Account with Edvest? « Wisconsin State Treasury

  2. Pingback: FAQ Edvest: Why Did Wisconsin Change Plan Managers? « Wisconsin State Treasury

  3. Pingback: FAQ Edvest: Why Did Wisconsin Change Plan Managers? « Wisconsin State Treasury

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s