If you are an employer...

529 plans and payroll direct deposit: A no-cost benefit to employers
To retain the best employees, you have to offer a competitive benefits menu while keeping administrative costs low. At the same time, the rising cost of higher education has your employees scrambling to save - not just for their children or grandchildren, but also for their own professional retraining.

That's why there is no better time than now to offer a 529 plan through payroll direct deposit.1

A 529 plan payroll direct deposit benefit offers your employees:
  • The ability to save for their children's, grandchildren's, or family member's higher education.
  • The opportunity to save for their own (or their spouse's) career retraining, higher education, and eligible professional accreditation courses.
  • The chance to contribute automatically for as little as $25 per paycheck.1

We're here to help
It's easy to add a 529 plan payroll direct deposit benefit into your current benefits menu. Just contact us at 529works@upromise.com. We'll help you link your benefits intranet site to 529.com. We'll also help you promote this great benefit to your employees.

1 A plan of regular investment cannot assure a profit or protect against a loss in a declining market.
2 Earnings on non-qualified withdrawals are subject to federal income tax and may be subject to a 10% federal penalty tax, as well as state and local income taxes. The availability of tax or other benefits may be contingent on meeting other requirements.

Tip: If you would like more information or literature on 529 plans or would like to conduct a workshop for your students and their families, please contact the appropriate representative below:

Janet Kottman
Kansas City area
Kevin Green
St. Louis area

Lisa Connor

New York:
George Makras
Hudson Valley / Capital area
Pamela Wait
Upstate / Western area
Ginger Romero Pardlo
New York City area
Gina Pinos-Whiston
Long Island area

All other states: 1.877.529.2980