Yes! You can use AI to fill out TOMORROW'S SCHOLAR® Account Maintenance Form

Applicants often forget to sign and date the form in Section 12. This is one of the most common reasons for rejection, as an unsigned form is not legally binding. Any request, from a simple address change to establishing a new investment plan, will be invalid without the proper signatures. Always double-check that all required signature lines are completed and dated by the Account Owner, Joint Owner, or Trustee as applicable.

Section 4 requires a preprinted voided check or the first page of a bank statement to establish or change bank information. People frequently fill out the bank details but forget to include this mandatory documentation. Without this proof of account ownership, the financial institution cannot process any requests for electronic funds transfers (EFT), such as an Automatic Investment Plan (AIP) or redemptions, leading to delays and rejection of the setup.

The form explicitly states in Section 4 that the bank account registration must have at least one name in common with the Tomorrow's Scholar Account Owner. A common error is attempting to link a bank account that is solely in a spouse's, child's, or business's name when that name is not on the 529 account. This mismatch will cause the EFT setup to fail, as it's a primary fraud prevention and verification measure.

In Section 7, options like 'Investment change' and 'Redemption' are added by default. The checkboxes are for opting OUT of these features, not for opting in. A frequent mistake is checking the box with the intention of adding the feature, which has the opposite effect of disabling it. To avoid this, read the instructions carefully and only check the box if you explicitly want to prevent that option from being added to your account.

When setting up an AIP in Section 5, it's easy to miss key details like the dollar amount, frequency, or start day. While the form has defaults ($25 on the 25th of the month), relying on them can lead to unintended investment amounts and schedules. This can disrupt financial planning and requires submitting another form to correct. Ensure every field for each AIP is filled out completely and accurately.

Section 8 allows for updating a legal name, but requires supporting documentation like a marriage certificate or court order. Applicants often provide the new name but fail to attach a copy of the required legal document. The name change request cannot be processed without official proof, rendering this section of the submission incomplete and ineffective until the documentation is provided.

Section 1 asks for a 'U.S. residential street address,' which must be a physical location, not a P.O. Box. This address is used for identity verification and legal purposes, and regulations often prohibit using a P.O. Box. Providing a P.O. Box can lead to processing delays or rejection while the firm requests a valid physical address. A separate mailing address field is provided if you receive mail elsewhere.

When filling out a form by hand, poor handwriting can make critical data unreadable. This is especially problematic for Social Security Numbers, bank routing/account numbers in Section 4, and email addresses in Section 3. A single misread digit can lead to failed transactions or important e-delivery notifications being sent to the wrong address. Using a fillable PDF can prevent this; AI tools like Instafill.ai can convert flat PDFs into fillable versions to ensure clarity.

In Section 10, when designating a successor, the form clearly states the individual 'Must be 18 or older.' A common sentimental mistake is to name a minor child or grandchild as the direct successor. This designation is invalid and will be rejected, leaving the account without a valid successor until the form is corrected and resubmitted with an eligible adult. Always ensure the designated successor meets the age requirement.

Section 4 provides checkboxes to 'Add', 'Change', or 'Delete' bank information, but people often fill in the bank details without checking any of them. This ambiguity forces the processing agent to guess the applicant's intent, which can lead to inaction or an incorrect action, such as replacing bank information you intended to keep. Clearly marking your intention is crucial for the request to be handled correctly. AI-powered form fillers like Instafill.ai can help prevent this by validating that a choice has been made.