Employers are increasingly viewing payroll deduction for college savings as a cost-effective benefit.

Why the sudden interest?
1) Offering a 529 plan through payroll deduction can add a competitive edge;
2) Incorporating a state-sponsored or national plan can be achieved with minimal effort or expense by an HR department; and
3) Employees are becoming more aware of the importance of saving for college and are receptive to the idea of enrolling in a 529 plan.

Upromise Investments has taken the lead on making payroll deduction for 529 plans easy and cost-effective to implement. The Unite platform's Reach module performs all back-end functions, making payroll deduction a plug-and-play program for an overworked HR department. And for employees, easy payroll deduction set-up and maintenance introduces them to an easy and automatic college savings method that can help them contribute to a college savings plan on a regular basis.*

Read more about how Upromise Investments supports employer-based college savings.

* A plan of regular investment does not assure a profit or protect against a loss in a declining market.