Benefits That Make A Difference
A Smart Benefit For You and Your Employees
With the costs of college increasing each year, most parents would like to save for college, but it can be overwhelming to choose a method and contribute consistently. The TNStars College Savings 529 Program offers your employees a simple, flexible way to save and invest for college through automatic payroll deductions. Providing this benefit makes it easy for your employees to start planning, narrowing the gap between those who strive to save and those who do.
This is an opportunity to provide a value-added benefit that employees desire — a benefit that can make a big difference for their families — all at little to no cost to your company.
- Easy administration
- No set-up costs or contracts
- Contributions are made after-tax. No W-2 adjustments or 5500 administration.
- Flexibility to determine frequency of payroll deductions
- No open enrollment periods. Stop or start payroll deduction for employees at any time.