- About CollegeInvest
- Employer Benefits
- Employee Benefits
- Tools and Resources
How it Works
The only thing standing in the way is taking the first step. Lucky for you, we do most of the leg work for you once you get started. Here is how it works:
Process for Employers
Step One: Meet with Employer Plan Advisor
A company decision maker meets and reviews the steps and benefits with a CollegeInvest Employer Plan Advisor to get a better understanding of the program and presentation materials available.
Step Two: Schedule an Education and Enrollment Meeting
An education and enrollment meeting is set for the employees in which CollegeInvest will present.
Step Three: Provide Resources for your Employees
CollegeInvest provides employee kits, promotional posters to place around the office, email announcement templates and copy to use on your intranet as well. It is our effort to give you a turnkey procedure for setting up this elective benefit for your employees.
Step Four: Employees Open their Accounts
Once your employees have established their CollegeInvest accounts, if they choose to fund their accounts via payroll direct deposit, they’ll provide your payroll department with routing and account numbers to set up the direct deposit into their CollegeInvest account. If your company has an intranet where employees can complete their own payroll direct deposit instructions, then your work is done, and the employee will be responsible for completing the direct deposit instructions.
Last Step: Be Thanked by Employees
Let us know when your employees thank you!
CollegeInvest has a goal to make this a simple procedure for employers and employees alike. We also have the availability to attend Education and Benefit Fairs, so please let us know if this is something that your organization would be interested in.
The biggest thing we need from you is to contact an Employer Plan Advisor to take your first step.
Contact Kaylynn Hemlock or Tami Gordon at 1-888-376-8804 or complete an Employer Contact Form.
Process for Employees
Saving for college can seem to be a daunting task but we are here to help you get there! It can be as simple as 1, 2, 3!
Step One: Attend Education and Enrollment Meeting
Attend the scheduled enrollment meeting to determine what option is the best fit for you. All your questions will be answered and you’ll be on your way to bringing a higher education into reach.
Step Two: Open your CollegeInvest Account
Take what you learned at the enrollment meeting and establish a CollegeInvest account online or through a paper enrollment kit. We encourage online applications in order to speed the completion process and save the paper.
Step Three: Establish Direct Deposit
Once you’ve received your account numbers and verification of account, provide your payroll department or system with the direct deposit information provided.
Congratulations! You’ve brought the dream of higher education one step closer.
Let us know what questions you may still have or how we can help further.
Contact us at 1-888-376-8804 or complete an Employer Contact Form.
To learn about CollegeInvest’s 529 program, its objectives, risks, charges, expenses, limitations, restrictions and qualifications regarding the Plans’ benefits and potential tax advantages, please read and consider carefully the Program Disclosure Statements (PDS) available at www.collegeinvest.org before investing. Also, check with your or your beneficiary’s home state to learn if it offers tax or other benefits for investing in its own plan. Administered and issued by CollegeInvest.
CollegeInvest and the CollegeInvest logo are registered trademarks of CollegeInvest.