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Frequently Asked Questions
General What is triplethegift.com? triplethegift.com is an online gift registry where every gift made becomes three gifts in one. triplethegift.com allows parents to communicate a very easy gift giving solution for a special occasion. It's a simple and convenient way to give a gift that is both quick & eco-friendly. Each gift made becomes three gifts to the registered child. One gift becomes: a gift card for that perfect gift, a donation to a charity, a contribution to a college savings account How does triplethegift.com work?
Click here to see a Flash presentation What type of occasions can the registry be used for? A registry can be created for any occasion:
or Any Special Occasion... What are the benefits of triplethegift.com for a child celebrating a special occasion? You can view and print a summary of the benefits of triplethegift.com by Clicking Here. Or, please continue to read below for all of the benefits.
You can quickly and easily try it now: Create a registry (free) How do I get started with a registry? Click here to get started by creating an account (free) What will my registry look like? Your registry is totally customizable and you can personalize it to suit your event. You will choose your gift split for the three gifts during the setup of your registry. Once you choose your split, it will display in your registry. For an example of what your registry will look like, you can view a full sized sample by clicking here. What gifts does the child receive? Based on the split chosen for the registry, the child will receive:
The Gift Card portion will be rounded to the closest $5 increment, with the difference going to the college savings contribution. Within 10 business days a letter will be sent which will include the Visa Gift Card(s) or check, the amount of the deposit made to their College Savings Plan account (date & check number) and the amount sent to the charitable organization (date & check number). How do I let people know I have registered at triplethegift.com?
Each of these options is available when you create your registry Are there any fees for creating a registry or using triplethegift.com All of the features in triplethegift.com are FREE, except a small fee (as little as 2%), when you close the registry.If you choose a Visa gift card instead of a check, there is a fee charged by Visa for the gift card. If you choose to order registry cards for invitations through triplethegift.com (optional), then there is a small fee. (The price for each of the optional registry invitation cards is displayed on the screen for you after you create a registry). How does Family & Friends view the registry and make a gift? It is quick and easy to use triplethegift.com to provide gifts:
Click here to view a registry now. What are the benefits of triplethegift.com for Family & Friends? You can view and print a summary of the benefits of triplethegift.com by Clicking Here. Or, please continue to read below for all of the benefits.
You can quickly and easily try it now: Create a registry (free) What payment methods can be used? You can make a gift by using the following payment methods:
If you would like to use a different payment method, then please contact us. What countries and currencies does triplethegift.com support? triplethegift.com accepts gifts from any country in U.S. dollars but has the capability to process funds in many denominations. If you would like to use a different currency, then please contact us. Will I know who provided me with gifts? Yes. When someone provides you with a gift, you will automatically receive an email from us (and so will they) with the details of the transaction. You can view your transaction details at any time, which will tell you how much money you have received from each person, the name of the person and the total gift made. Family & friends cannot see what you have received from others. How do I receive the gifts and close my registry? It is quick, easy, safe and secure to receive gifts through triplethegift.com. To close your registry, you log in to your account and click on the link "Receive Gifts (withdraw funds)". You will see the grand total of the gifts received. The gifts will be made based on the split chosen for the registry. Are there any fees for Family & Friends to make a gift? All of the features in triplethegift.com are FREE, except there is a small transaction/processing fee (as little as $1.49), when you make a gift. Is triplethegift.com safe and secure? YES!
How is triplethegift.com Eco-Friendly?
How do I get more help? At any time, please feel welcome to contact us. College Savings Plans What is a College Savings Plan? A College Savings Plan, also known as a "529 Plan" is an education savings plan operated by a state or educational institution designed to help people save for future college costs. These plans are named after the section of the Internal Revenue Code, Section 529 that created the rules for these types of plans. The Federal Government wanted to promote savings for college by allowing for special tax benefits to the person creating the plan and the plan participant. Money is deposited in the College Savings plan similar to a savings account but instead using investment choices designated by the State. Although the contributions to this savings plan are not federally tax-deductible, the investment grows tax-deferred, the annual income is tax-deferred and distributions to pay for the person's college costs come out federally tax-free. The money from a 529 plan can be used for tuition, fees, books, supplies and equipment required for study at an accredited college or university. Additionally, the money can be used for room and board or off-campus housing costs (up to the allowance for room and board for that particular college). [Please consult with your tax advisor for further information.] What if I don't have a College Savings Plan account yet? You can still create a registry without the College Savings Plan account information. We encourage you to open a plan account at your earliest convenience. Does triplethegift.com recommend a College Savings Plan? There are many good plans out there to choose from. Some have unique features which may interest you. After a lot of research on our end, we recommend the college savings plan offered by the State of Iowa, College Savings Iowa. There are many features of this plan that we believe are helpful to our triplethegift.com customers, especially the low amount of the deposit required to get started. Here's what we like about the College Savings Iowa plan:
By using a college savings plan, your choice of school is not affected by the state sponsoring your 529 savings plan. For example, you can be a Maryland resident, invest in a College Savings Iowa plan and send your child to a university in California. Additionally, college savings plans are reported on the federal aid application as an asset of the parent (assuming the parent is the account owner which we recommend), not the child. Any distributions (withdrawals) from the plan that are used to pay for the child (beneficiary's) education expenses are not counted as either parent or student income. Ultimately, there is little affect on receiving Financial Aid while having a huge upside of additional savings for your child at a time they will most need it. Please note, triplethegift.com does not receive any commission for accounts opened with College Savings Iowa nor is triplethegift.com affiliated with College Savings Iowa. College Savings Iowa is a non-advisor plan. How do I open a College Savings Iowa account? It's easy! You can do it online or you can call and get an application mailed to you. Click here for a direct link to College Savings Iowa plan. You will need the following information to open an account:
Once you have that information, you should review your investment choices carefully. What if I already have a College Savings Account for my child? If you do have a college savings account for your child, we still recommend the College Savings Iowa plan as a second account. The additional account can be used for future gifts, for depositing Upromise Rewards, or a great place to put that extra $25 you may have at the end of the month. If you choose to use an existing college savings account, we may not be able to directly deposit into your account, but instead will issue you a check to deposit into your existing account. What is Upromise?
Do other college savings plans take Upromise rewards?
Charitable Donations What charitable organization does triplethegift.com support? triplethegift.com, as a business aimed towards facilitating gift giving between individuals, believes that it's our responsibility to help those in need. We have chosen Share our Strength®, a not-for-profit organization because they help better the lives of children in the same fashion that you have chosen to better the life of a child you know. Share our Strength® is a national organization that works hard to make sure no kid in America grows up hungry. They weave together a net of community groups, activists and food programs to catch children at risk of hunger and surround them with nutritious food where they live, learn and play.
Tell me more about Share our Strength® Share our Strength's vision is to end hunger and poverty in the United States and abroad. Why they do what they do Despite its devastating and highly visible consequences, childhood hunger is invisible. You can't see it just by looking, and you can't measure it in pounds, but it is among us: It affects black, white, Asian and Hispanic, short and tall, thin and chubby. How they do it Their efforts are focused in three areas: increasing access to public and private programs that provide food to children and their families; strengthening community resources that connect children to healthy food; and improving families' knowledge about available programs and how to get the most from limited resources. What they've done On a state-by-state basis, Share Our Strength is developing partnerships to address state-specific needs, priorities and resources that are aligned with our strategy to end childhood hunger in America. Together, they are weaving a net of community groups, activists and food programs to make sure no kid in America grows up hungry.
Can the Celebrating Person choose a different charitable organization? Yes, you can choose a different charitable organization. Upon withdrawing from your Registry, you will need to provide us with the full name, address, phone number and tax identification number of the charitable organization. |
