Imagine a Valuable Employee Benefit at No Cost to Employers

The CollegeInvest Employer 529 College Savings Program is a voluntary and free benefit Colorado employers can provide for their employees.  At no cost, you can provide employees valuable information about saving for college and the easy option of contributing to a college savings plan directly from their paycheck each month.1

  • Build a better benefit package: Offer your employees benefits that matter to them. College is one of the largest expenses they will face in their lifetime. Employees appreciate the information and the option to save through their employer.
  • Offer an easy way to save: Direct deposit options provide employees a simple and consistent means to put money away for college for their children, grandchildren or even themselves.
  • Enjoy simple administration and no fees: There is never a fee to offer CollegeInvest 529 College Savings Plans at your company. And direct deposit procedures are simply the same as depositing a paycheck directly into a standard savings or checking account.
  • Capitalize on dollar-for-dollar deduction on state income taxes: Employees benefit from the state income tax deduction2, tax free growth for qualified withdrawals3, and special gift tax benefits4.
  • Take advantage of continued support and education: CollegeInvest welcomes the opportunity to host a Lunch & Learn at your workplace. We will educate your employees about the costs of college, how much to save and how to get started. We provide lunch, materials and handle all follow-up customer service.
 

1 Investment returns are not guaranteed, and you could lose money by investing in the plan. 
2 Contributions to the Plan(s) by Colorado residents are deductible from Colorado state income tax in the calendar year of the contribution, up to your Colorado taxable income for that year. Such deductions are subject to recapture in subsequent years in which non-qualified withdrawals are made.
3 The earnings portion of a non-qualified withdrawal is subject to federal income tax and any applicable state income tax, as well as an additional 10% federal penalty tax.
4 Individuals may contribute up to $14,000 per beneficiary each year with no gift tax implications ($28,000 married, filing a joint return). Other restrictions may apply, please consult with a financial consultant or tax advisor for your individual situations.

 
 
Important Considerations
To learn about the CollegeInvest’s 529 College Savings Plan, its objectives, risks, charges, expenses, limitations, restrictions, and qualifications regarding the program's benefits and potential tax advantages, please read and carefully consider the Plan Disclosure Statement and Participation Agreement (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 529 plan. Administered and issued by CollegeInvest.

CollegeInvest and the CollegeInvest logo are registered trademarks of CollegeInvest. - See more at: http://www.collegeinvest.org/parents/parents-learn/savings-options/#sthash.EBWxuaXi.dpuf
CollegeInvest and the CollegeInvest logo are registered trademarks of CollegeInvest.
CollegeInvest and the CollegeInvest logo are registered trademarks of CollegeInvest. - See more at: http://www.collegeinvest.org/parents/parents-learn/savings-options/#sthash.EBWxuaXi.dpuf
CollegeInvest and the CollegeInvest logo are registered trademarks of CollegeInvest. - See more at: http://www.collegeinvest.org/parents/parents-learn/savings-options/#sthash.EBWxuaXi.dpuf