Help your employees save for future higher education.
Employees appreciate when their employers provide additional information or benefits to help make life a little easier for them and their families.
With Maryland 529, saving for future education expenses doesn’t have to be a challenge. The Maryland College Investment Plan offers flexible options for your employees to save in a way that works best with their goals and budget.
As of June 1, 2023, the Maryland Prepaid College Trust is no longer accepting new enrollments.
Employees can:
Enroll or contribute to the Maryland College Investment Plan through their bank account or through payroll deduction.
Contribute to an existing Maryland Prepaid College Trust Account through their bank account.
Plus, Maryland 529 plans are the only plans that offer Maryland taxpayers a Maryland State income deduction of up to $2,500 per year, per Account or per Beneficiary.
We can help you provide information about saving for future higher education to your employees in a variety of ways. And there’s no cost to your company.
Contact us to request electronic or print copies of plan information materials to keep in your HR office.