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[00:00:00] Hi everyone. Jonathan here from me, and today I’ll take 90 seconds to tell you how friends and family can contribute to your child’s college savings.

Saving for college and career training is a big important job, so start saving, save early and realize you don’t have to do this alone. Your family and friends can help you no matter how you are saving. If you’re saving in the U plan or U fund. I’m going to tell you specifically how they can do this.

Both of these plans have an owner, someone who can direct funds on the account, but people other than the owner can contribute for either plan. Someone other than the owner can write a check and either give it to the owner or send it in directly to the program. Be sure to note the account number on the check.

The You Plan allows for people other than the owner to supply banking information to the online account of an owner for a one-time or recurring contribution. This would need to be done in the presence of the owner as he or she would first need to log into his or her account. The U Fund, Massachusetts [00:01:00] 5 29 plan allows for mobile check deposit.

This means a family member or a friend can give a check to the owner, and the owner can take a picture of the check on his or her smartphone and deposit it into the child’s youth fund account. But the greatest of these, the youth fund gives owners the ability to create a gifting page. Set up a page with a picture of the beneficiary, the child’s age savings goal, and maybe who he or she wants to be when they grow up.

Once that is done, you can create a link to that page and email it out directly to those you want to be able to contribute and they can give money directly into the student’s account. This is a perfect gift for milestones or birthdays. Thanks for watching. If you have any further questions, please remember to call us at 1-800-449-MEFA or visit us at mefa org.