ALASKA 529 WORKPLACE

A PROGRAM DESIGNED TO HELP EMPLOYEES SAVE FOR FUTURE EDUCATION.

 

Offer your employees the free benefit of saving for education with Alaska 529 Workplace. The simple program allows them to easily open and invest in an Alaska 529 account through employee payroll direct deposit.

 

Your employees open their own Alaska 529 accounts at their convenience, with no specific enrollment period. There is no fee for you or your employees, and no paperwork on your part.

 

The most important step is educating your employees. We can help by hosting an in-person or virtual information session to talk about how Alaska 529 works and how to open an account.

 

We’ll cover:

 

  • Cost of education
  • Why it’s better to save than borrow
  • Tax benefits of a 529 plan
  • An overview of Alaska 529
  • How to enroll
  • Setting up direct deposit

CONNECT WITH OUR TEAM


*Clicking on the link above will cause you to leave Alaska 529’s website and will redirect you to a third-party calendaring website. Alaska 529 is not affiliated with this third party and makes no representations, nor has any supervision or control over the quality, reliability, or security of this third-party website.

HELP TURN POTENTIAL INTO POSSIBILITY.

Provide employees with a meaningful benefit to help them save for future education expenses through payroll direct deposit.

 

 

GOOD FOR YOUR EMPLOYEES
  • Flexibility to start, stop, or change deduction amounts at any time.
  • No residency, age, or income requirements. • Investment options are professionally managed.
  • Account holder can continue to contribute after employment ends.
GOOD FOR YOUR BUSINESS
  • Enhances existing benefits.
  • Can help retain talent.
  • Easy to implement.
  • Supports employees’ education savings needs.
  • Contributions are after tax and are no cost to you.

We know you are busy, so we make it quick and easy.

  1. Schedule a day and time and reserve a room for our meeting. Or a virtual meeting, if you prefer.
  2. Send out the provided invitation to your staff, and request them to RSVP.
  3. We handle all follow-up/enrollment questions directly.

The program uses your organization’s current direct deposit process, and all materials are included to program participants at no additional cost.

Contributions are made through a post-tax direct deposit from the employee’s paycheck, directly into their Alaska 529 account. We make it easy for the employee to obtain the information they need to set up their direct deposit.

You can schedule online, email us at alaska529@alaska.edu, or call 907-474-5671.

Clicking on the link above will cause you to leave Alaska 529’s website and will redirect you to a third-party calendaring website. Alaska 529 is not affiliated with this third party and makes no representations, nor has any supervision or control over the quality, reliability, or security of this third-party website.

No. Your employees can enroll and start saving any time.

There is no administration; no paperwork.

Yes, employers may send contributions using the employee’s direct deposit information.

DOWNLOADABLE RESOURCES

Enrollment Kit
Download
Quick Start Guide
Download
Direct Deposit Form
Download
Dash To Save® Incentive Program
Download

1-888-4-ALASKA

P.O. Box 17300, Baltimore, MD 21297-1300

info@Alaska529plan.com

1-888-4-ALASKA

P.O. Box 17300

Baltimore, MD 21297-1300

info@Alaska529plan.com

If you are not an Alaska resident, you should compare this Plan with any 529 plan offered by your home state or your beneficiary’s home state and consider, before investing, any state tax or other state benefits, such as financial aid, scholarship funds, and protection from creditors that are only available for investments in the home state’s plan. Please read and/or download the Plan Disclosure Document, which includes investment objectives, risks, fees, charges and expenses, and other information that you should read and consider carefully before investing, or call 1-866-277-1005 to request a paper copy. T. Rowe Price Investment Services, Inc., Distributor/Underwriter.

GoTuition and the GoTuition design are trademarks of T. Rowe Price Group, Inc.

 

+While distributions from 529 college savings plans for elementary or secondary education tuition expenses are federally tax-free, state tax treatment will vary and could include state income taxes assessed, the recapture of previously deducted amounts from state taxes, and/or state-level penalties. You should consult with a tax or legal advisor for additional information.

 

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