BabySteps Adoption Verification Families with adopted children that would like to participate in the BabySteps Savings Plan should first open their U.Fund 529 College Investing Plan account. Once the U.Fund account is open, please come back to complete the verification form below. U.Fund Account Owner Name* First Last U.Fund Account Number*Email Address* Beneficiary Name* First Last Last 4 of Beneficiary SSN*Beneficiary Date of Birth* Date Format: MM slash DD slash YYYY Beneficiary Date of Adoption* Date Format: MM slash DD slash YYYY Only an adoption date after 1/1/2020is eligible to receive the $50 seed.* Indicates a required fieldConsent BabySteps Program (“BabySteps” or the “Program”) is a college savings incentive program available to Massachusetts residents. The Program is offered by MEFA and the Massachusetts State Treasurer’s Office and provides for a $50.00 contribution to an individual U.Fund account opened on or after January 1, 2020. To participate in the Program, (i) a Designated Beneficiary of a U.Fund account must be born or adopted in Massachusetts on or after January 1, 2020, (ii) a Designated Beneficiary of a U.Fund account must be a Massachusetts resident at the time of the U.Fund account opening, (iii) the U.Fund account must be opened within 365 calendar days of the Designated Beneficiary’s date of birth or date of adoption, and (iv) the U.Fund account must be an individual registration account. If you participate in the Program, you consent to allow MEFA to share your U.Fund account information with the Massachusetts State Treasurer’s Office at the time of the account opening and on a periodic basis thereafter. Account information includes your name, account number, zip code and savings data. By hitting submit below, you confirm that the data entered in this form is true and correct and that you are opting to participate in the BabySteps Program and consent to have your U.Fund account information shared with the Massachusetts State Treasurer’s Office, and the Massachusetts State Treasurer’s Office will make a $50.00 contribution to your eligible U.Fund account. You may receive only one $50.00 contribution per Designated Beneficiary. The contribution will count towards the U.Fund Plan’s maximum contribution limit, and any U.Fund account distribution that is not used for qualified education expenses may be subject to income taxes and a 10% federal penalty tax. You should consult with a tax advisor regarding your specific situation. The BabySteps Program is subject to sufficient financial funding and may be discontinued by MEFA or the Massachusetts State Treasurer’s Office at any time without advance notice. Fidelity Investments is not affiliated with MEFA, the Massachusetts State Treasurer’s Office, or any government agency. For more information on the BabySteps Program, please contact MEFA at (800) 449-6332 or go to mefa.org.
