529 contributions automatically sync with payroll, so there’s nothing to update
Your employees receive investment advice from Gradvisor to help maximize their college savings
You have the option to boost employee savings with automatic company contributions
Invest in your employees and their families’ future
$6 per participant/per month
No setup fee
$18 minimum per month
Why offer 529 plan services?
You and your employees could snag some tax credits or deductions. Earnings from a 529 plan is tax-free* when used for qualified educational costs. Plus some states offer tax credits* to employers for matching this benefit.
Parents say saving for college is one of their top financial concerns 1
Annual increase in college tuition over the past decade 2
More money saved by parents with 529 plans versus traditional savings 3
1. Gallup Survey, 2015
2. College Board, 2016
3. How America Saves for College 2016, Sallie Mae, 2016
*Earnings within a 529 plan aren’t subject to federal tax and generally aren’t subject to state tax when used to pay for qualified education expenses. Some states provide tax deductions or credits to employees for 529 contributions, and some states provide employers with tax credits for matching 529 contributions. Since state tax treatment of 529 plans varies by state, users should consult their tax advisor about state and local taxes.
Disclaimer: The information contained on this site is not intended to be and does not constitute investment advice. Such information is general in nature and is provided solely for informational purposes to our customers and is not to be construed or interpreted as a recommendation. All investment decisions are solely the responsibility of the user.
Gradvisor is a registered investment advisor. Before investing, users should consider whether their or their beneficiary’s home state offers a 529 plan that provides state tax or other benefits that are only available for investments in their home state’s 529 plan.