EMPLOYEE PAYROLL
DEDUCTION

Help your employees get the benefit of saving for college

Now you can:

  • Make a difference in a child’s future
  • Make your benefits more competitive
  • Do both without spending money on new systems or burdening your HR/Payroll departments
  • Expand Your Benefits Package at No Extra Cost

    As an employer, you want to offer a competitive suite of benefits while keeping administrative costs at a minimum. One benefit that can accomplish both is a payroll direct deposit program for the CollegeAdvantage Direct 529 Plan!

    When you offer CollegeAdvantage Direct 529 Plan as a benefit, you can give your employees the opportunity to help their children, grandchildren, or even themselves, have a better future.

    Payroll Direct Deposit for College Savings

    For as little as $25 per pay period, your employees can save for their children's and grandchildren's future education. They can even save for their own re-training and career development. Best of all, you can offer CollegeAdvantage Direct 529 Plan through payroll direct deposit at no cost.

    No Extra Costs or Administrative Burden

    We know that corporate HR and Payroll departments have overflowing workloads. That's why we've made the CollegeAdvantage Direct 529 Plan payroll deduction benefit simple to administer. With online registration (which the employee completes him/herself), there is only one form to cross your desk. We use the same ACH direct deposit system that you are probably already using. (NOTE: CollegeAdvantage Direct 529 Plan payroll deductions use after-tax dollars.)

    Give your employees a benefit that can help their children move closer to affording a college education: the CollegeAdvantage Direct 529 Plan.

    Our Regional Marketing Representatives are here to help

    A Regional Marketing Representative can help before and after you put a plan in place, by:

    • Talking with you and your HR/Payroll departments about how to initiate a CollegeAdvantage Direct 529 payroll deduction program
    • Educating your employees at a seminar or benefits fair about the importance of saving for college

    Contact Us