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Built for you
Your team is like family. Help them build brighter futures for their kids by offering a low-cost 529 college savings plan.
A 529 plan is a college savings plan that helps your employees start saving for future education expenses today.
529 plan savings can be used to pay for tuition and expenses at any qualified college, trade school, or K-12 school.
Employees can set money aside for anyone they want — including themselves. It’s easy to change beneficiaries at any time.
Employees automatically invest post-tax income with every paycheck. When they withdraw money, they won’t pay taxes on it.
Our partner Gradvisor will help you beef up your benefits package with a 529 plan designed to help your employees get smart about savings.
Once your 529 plan is up and running, you don’t have to do a thing. Gradvisor syncs with Gusto payroll to deduct contributions every pay period.
You can offer 529 college savings plans to your team for a minimum of three employees or $18 per month.
Attract and retain the best people by tailoring benefits to what they need now and later — including saving for things like college.
Average cost for one year of public college tuition and fees.
Cost of college today compared to 10 years ago.
Percentage of employees who say they’re interested in a 529 plan at work.
sources: College Board, Trends in College Pricing 2018 & College Board, Annual Surveys of Colleges
Employees are in charge of what they save and can easily manage and track their contributions over time.
Gradvisor offers your team personalized advice for their goals, at no extra charge.
Employees can easily manage their contributions on a dashboard in Gusto.
College savings aren’t taxed at withdrawal, so employees keep more of what they save.
Behind every successful business is a thriving team. Hire, pay, manage, and support your people with Gusto’s all-in-one HR platform.Learn more
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