FAQ & Rules

Frequently Asked Questions:



With support from the Allegheny County Executive, the Mayor of Pittsburgh, and other local elected officials, Fund My Future became available to families in Allegheny County in 2017. With the support from the PA State Treasurer, Fund My Future is now available to all families in Pennsylvania to save for college and other post-secondary goals. Fund My Future provides a prize pool that makes the saving experience fun. Community events with partners make it easy to save in a variety of ways and places.

In order to participate, any adult over 18 residing in Pennsylvania can take the PA Savings Pledge. In order to be eligible for various raffle prizes, you must make a deposit into an existing children’s savings account or 529 plan or open a new one to be eligible. Five $1,000 prizes and sixty $50 prizes are up for grabs every month.


What Is Fund My Future and Why Should I Participate?

Fund My Future is a children’s savings program available to all families with children from birth to age 18 in Pennsylvania. Adults can enroll in the program through an online portal. Raffle tickets are drawn monthly as incentives to families to make deposits to their children’s accounts.
A complete explanation of available prizes and rules for eligibility can be found on the website, www.FundMyFuturePA.org.
There are many reasons! You may have always wanted to have a savings account for your child but haven’t gotten around to it until now. You want to take practical steps to invest in your child’s future. You want to join a unique and exciting savings movement in Pennsylvania. And of course, you would love to win a prize!
We believe that when families save for the future, they create hope in their children’s potential that leads to brighter futures. We want to see all families invest and all children succeed. County Executive Rich Fitzgerald and Pittsburgh Mayor Bill Peduto helped to bring this opportunity to Allegheny County residents and other elected officials are helping to make this available across the state.
The participating families make deposits to their own accounts. Program-related costs, such as raffle prizes, incentives, technology, marketing and staff costs are supported by a number of foundations and private donations. (Go to FundMyFuturePA.org for a current list.)
Fund My Future relies on partnerships with schools, service agencies, banks, and city and county government. To see a current list of partners, go to FundMyFuturePA.org.


How Does Fund My Future Work?

Any adult that lives in Pennsylvania can enroll in Fund My Future, open an account with any financial institution on behalf of any child, aged 0-18, and make deposits to earn a monthly raffle ticket.
It’s easy! To sign up, go to FundMyFuturePA.org and take the PA Savings Pledge by providing your contact information and the birthdate of the youngest child for whom you are saving. If your child(ren) doesn’t have a savings account at a bank or credit union or 529 plan, then open one at the financial institution of your choice and start making deposits so you can earn raffle tickets monthly.
No, you enroll once on the Fund My Future website and can save for as many children as you like.


Where Can I Save?

Any savings account from a financial institution may be used for Fund My Future. This includes joint accounts, custodial accounts and 529 plans, and can be from credit unions, banks or the State government.
If you don’t already have a bank account that you’re using for long-term savings for your child, then you can open one from the financial institution of your choice.
Yes, each bank account should list one child’s name. If you have multiple children you’d like to save for, you’ll need a separate bank account for each one.
This will depend on the type of account you have. Generally, you may be able to make deposits at your bank branch, through online banking, through direct deposit, or at an ATM if you have a bank card.
Since the purpose of Fund My Future is to establish long-term savings for a child, withdrawing money from that child’s account is discouraged. However, we know that emergencies do arise, and participating in Fund My Future does not create any additional limits on access to your account. If you do decide to make a withdrawal, you will not be eligible for prizes during the prize period of the withdrawal.
This is completely up to you! The earlier you start saving, the more opportunities your child will have after high school. It’s the habit that counts, and making regular deposits and talking about the account with your child will make a difference.
If you, the adult who enrolled in Fund My Future, moves out of Pennsylvania, you will no longer be eligible for prizes. However, the money remains in your account for the account holder to access.
Congratulations! It’s now time to use the money that you have saved. You may want to contact the bank or credit union that holds your bank account for guidance on withdrawing funds. Any scholarship money won from Fund My Future will be held in a PA 529 plan to be available to pay postsecondary expenses of the child.
You should check with your financial institution for its policies regarding dormant accounts (accounts where there has been no activity for an extended period of time).


What Security Precautions Are In Place?

Fund My Future will have access to your contact information in order to issue raffle tickets and to communicate with you. Fund My Future may ask for participants to respond to survey questions in order to understand program activity for program evaluation purposes and may share aggregated information with our research partners; we never disclose any personally identifiable information. Fund My Future will not have access to your password or login information.


If you have a question related to your bank account, you should call the bank that holds your account or go to www.pa529.com for questions about PA 529 plans. If you have a question related to Fund My Future (prizes, events, etc.), contact us at info@fundmyfuturepa.org or call 833-SAVEWIN (833-728-3946).




Download complete rules here.