Gradvisor is a digital investment platform that makes it easy for employers to offer tax-advantaged 529 college savings plans as part of their employee benefit package, helping solve this huge parental concern. By offering plans from every state, Gradvisor can ensure that each employee receives the best advice. Not only is it designed to educate families on their options, but it helps them take action and actually get on the path to saving for college.
How it helps
Parental employees list saving for college as their top financial concern (73% concerned), yet only 11% of employers are offering their employees a tax-advantaged 529 college saving plan. This presents an incredible opportunity for an employer’s benefit package to stand out while helping the financial wellness of their employees.
Employees who elect to add Gradvisor to their benefits package will pay the flat monthly fee via payroll deductions or Self Pay .
Please note: Contributions to 529 plan the employee decides to open would come from the employee’s own checking or savings account.