OCSP is committed to innovation, and more importantly, positioning your college savings investments for optimal performance throughout the lifetime of your account. As such, we are transitioning the current Age-Based Investment Options to the Enrollment Year Investment Options, offering you the flexibility to choose the expected year of enrollment in school for your beneficiary or to choose an Enrollment Option that more closely aligns with your investment objectives and risk tolerance.
In addition OCSP will introduce a new online account management system improving the overall investor experience and making college savings even easier.
OCSP account owner information, including historical information, account preferences and investment selections will automatically transition to the new system.
After the transition, you will need to create a new username and password to access your account online. The following items are required to complete the re-registration process:
- Your current or new OCSP account number*.
- Account Owner Social Security Number.
- Account Owner Zip Code.
*We recommend you make note of your current account number by May 8th. You can obtain it by logging into your online account or refer to a quarterly account statement.
Payroll Direct Deposit Update (for OCSP account owners who contribute by paycheck)
Because your OCSP account number and the bank routing information will change, any direct deposit contributions submitted by employers after May 7, 2020 will be returned unless direct deposit instructions are updated. If you currently contribute to your account through payroll direct deposit, you will receive a letter containing instructions required to update your payroll direct deposit instructions.
The establishment of new payroll contributions will be temporarily discontinued on March 30, 2020 to prepare for the transition. Future communications will include the re-launch date for setting up first time payroll direct deposit contributions.
Visit this site periodically for updates including a Transition Guide and new Plan Description as we approach the transition date.