Here is what you need to open an Account:
Account Owner
The Account Owner must be 18 years or older and a U.S. Citizen or resident alien with a U.S. mailing address.
- Full Name
- Date of Birth
- Social Security Number
- Gender
- Country of Citizenship
- Address
- Phone Number
- Email Address
- Employer
- Occupation/Profession
- Identification Card Number
- Identification Card Type (US Driver's License, State Issued ID, Passport, or Military ID)
- Identification Card Issuance Date and Expiration Date
Designated Beneficiary
The Designated Beneficiary is the individual for whose benefit the funds will be used. The Designated Beneficiary must be a U.S. Citizen or resident alien with a U.S. mailing address.
- Full Name
- Date of Birth
- Social Security Number
- Address
- Relationship to the Account Owner
- Gender
- Phone Number (If under age 18, can list the phone number of the Account Owner)
- Email Address (If under age 18, can list the email address of the Account Owner)
- Name(s) and a brief description of any qualified apprenticeship or educational programs that the Designated Beneficiary has enrolled in or has completed as of the date of application, along with the date of the Designated Beneficiary's enrollment in or completion of said apprenticeship or program. If the Designated Beneficiary is under age 18 and has not yet started in a qualified apprenticeship or educational program, provide a description of the Designated Beneficiary’s tentative future plans for such programs.
Ignite Incentive Program
To prove eligibility for the $100 Ignite Incentive, you must provide certain documentation. The documentation can be uploaded to the application portal at the time of application, mailed to the State Treasurer’s Office, or uploaded within 30 days of submission of the account application.
- If the Designated Beneficiary is under age 18, a copy of the Designated Beneficiary’s valid West Virginia state-issued driver’s license or identification card, or a copy of the Designated Beneficiary’s birth certificate, is required within 30 days of completing the Jumpstart Savings Account application.
- If the Designated Beneficiary enrolled in a qualifying educational or apprenticeship program within the last 180 days, proof of qualifying apprenticeship or educational program enrollment must be submitted within 30 days of completing your Jumpstart Account application. Proof of qualifying apprenticeship or educational program enrollment must:
- Include the beneficiary’s name, program name, and program start date
- Be on official letterhead from the education and training provider
- Contain a signature and contact information for a representative from the education and training provider
Successor Account Owner (Optional)
You may assign one successor Account Owner in case of incapacity or death.
- Full Name
- Date of Birth
- Social Security Number
- Gender
- Address
- Phone Number
Initial Investment
The minimum amount to open a Jumpstart Savings Account is $5. This minimum amount will be sent directly to United Bank once your Jumpstart application has been processed and United Bank has established your savings account.
Review the Savings Disclosure and Participation Agreement.