{"id":43,"date":"2021-07-12T16:55:03","date_gmt":"2021-07-12T16:55:03","guid":{"rendered":"https:\/\/collegeinv.wpengine.com\/?page_id=43"},"modified":"2026-01-08T01:59:58","modified_gmt":"2026-01-08T01:59:58","slug":"contributions","status":"publish","type":"page","link":"https:\/\/www.collegeinvest.org\/employers\/contributions\/","title":{"rendered":"Employer Contributions"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;Hero Section&#8221; module_class=&#8221;page-contributions hero-section change-page-video&#8221; _builder_version=&#8221;4.17.3&#8243; da_disable_devices=&#8221;off|off|off&#8221; locked=&#8221;off&#8221; collapsed=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221; da_is_popup=&#8221;off&#8221; da_exit_intent=&#8221;off&#8221; da_has_close=&#8221;on&#8221; da_alt_close=&#8221;off&#8221; da_dark_close=&#8221;off&#8221; da_not_modal=&#8221;on&#8221; da_is_singular=&#8221;off&#8221; da_with_loader=&#8221;off&#8221; da_has_shadow=&#8221;on&#8221;][et_pb_row _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][cumo_breadcrumb _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/cumo_breadcrumb][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=&#8221;1_2,1_2&#8243; _builder_version=&#8221;4.17.3&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; animation_direction=&#8221;bottom&#8221; collapsed=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; animation_style=&#8221;slide&#8221; animation_direction=&#8221;bottom&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text admin_label=&#8221;Hero Content&#8221; module_class=&#8221;headline h1-dark&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h1>Employer Contributions<\/h1>\n<p>[\/et_pb_text][et_pb_text admin_label=&#8221;Content&#8221; module_class=&#8221;content-hero&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>You\u2019re likely facing some of the toughest challenges in today\u2019s workplace\u2014competition for talent is fierce, and attracting and retaining top employees has never been more important. One way to stand out as an employer is by offering meaningful benefits that show you\u2019re invested in your team\u2019s future. Financial stress related to higher education is a major concern for many employees, and helping ease that burden can make a big impact on their decision to join or stay with your company.<\/p>\n<p>[\/et_pb_text][et_pb_button button_url=&#8221;#sidebar-section&#8221; button_text=&#8221;Scroll to explore&#8221; admin_label=&#8221;Anchor Link&#8221; module_class=&#8221;anchor-link&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_button][\/et_pb_column][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; animation_style=&#8221;slide&#8221; animation_direction=&#8221;right&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_image src=&#8221;https:\/\/www.collegeinvest.org\/wp-content\/uploads\/2021\/09\/Employer-Program-Promo-Right@2x.png&#8221; alt=&#8221;Employer-Program-Promo-Right&#8221; title_text=&#8221;Employer-Program-Promo-Right@2x&#8221; disabled_on=&#8221;off|off|off&#8221; module_class=&#8221;video-link&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][et_pb_text disabled_on=&#8221;off|off|off&#8221; admin_label=&#8221;Modal Video&#8221; module_class=&#8221;modal-video&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<div id=\"video-how-we-help\" class=\"modal hide\">\n<div class=\"modal-content\">\n<p><a class=\"close-button\">\u00d7<\/a><\/p>\n<div class=\"video-wrapper\"><iframe loading=\"lazy\" src=\"https:\/\/player.vimeo.com\/video\/372637610\" width=\"640\" height=\"360\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/div>\n<\/div>\n<div class=\"modal-video-overlay\">\u00a0<\/div>\n<\/div>\n<p>[\/et_pb_text][et_pb_text module_class=&#8221;content-video-hero&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><span style=\"font-weight: 400;\">See how it works<\/span><\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;Sidebar Section&#8221; module_id=&#8221;sidebar-section&#8221; module_class=&#8221;page-contributions sidebar-section page-employers&#8221; _builder_version=&#8221;4.17.3&#8243; background_image=&#8221;https:\/\/www.collegeinvest.org\/wp-content\/uploads\/2021\/10\/background-employerC@4x.png&#8221; da_disable_devices=&#8221;off|off|off&#8221; locked=&#8221;off&#8221; collapsed=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221; da_is_popup=&#8221;off&#8221; da_exit_intent=&#8221;off&#8221; da_has_close=&#8221;on&#8221; da_alt_close=&#8221;off&#8221; da_dark_close=&#8221;off&#8221; da_not_modal=&#8221;on&#8221; da_is_singular=&#8221;off&#8221; da_with_loader=&#8221;off&#8221; da_has_shadow=&#8221;on&#8221;][et_pb_row column_structure=&#8221;3_5,2_5&#8243; module_class=&#8221;slider-employ-content  section-employ&#8221; _builder_version=&#8221;4.17.3&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;3_5&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; animation_style=&#8221;slide&#8221; animation_direction=&#8221;bottom&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text admin_label=&#8221;Content&#8221; module_class=&#8221;content-sbs p-big-light&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>Here\u2019s how a 529 plan can help:<\/h2>\n<ul>\n<li>For every dollar you contribute to an employee\u2019s CollegeInvest account, you\u2019ll receive a 20% tax credit, up to $500 per employee per year. That means you can contribute up to $2,500 per employee and get $500 back for each person.<\/li>\n<li>It\u2019s extremely flexible\u2014you can set it up as a match, a bonus, or even a one-time contribution, like a gift for a new baby.<\/li>\n<li>You can contribute to some or all employees\u2019 accounts, and for any occasion.<\/li>\n<li>Best of all, this program isn\u2019t subject to the nondiscrimination rule or ERISA, so it\u2019s easy to implement.<\/li>\n<\/ul>\n<p>Offering 529 contributions shows your employees you care about their future while helping you attract the best talent and keep them engaged long-term. It\u2019s a meaningful benefit that sets your business apart\u2014and you\u2019ll get valuable tax incentives for doing it. It\u2019s a win-win for everyone.<\/p>\n<p>[\/et_pb_text][et_pb_button button_url=&#8221;https:\/\/employers.collegeinvest.org\/Employer\/Enroll&#8221; url_new_window=&#8221;on&#8221; button_text=&#8221;start making employer contributions&#8221; disabled_on=&#8221;on|on|on&#8221; admin_label=&#8221;Button White&#8221; module_class=&#8221;button white&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; disabled=&#8221;on&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_button][\/et_pb_column][et_pb_column type=&#8221;2_5&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; animation_style=&#8221;slide&#8221; animation_direction=&#8221;right&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text module_class=&#8221;text-above-button&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>still have questions?<\/p>\n<p>[\/et_pb_text][et_pb_button button_url=&#8221;\/employers\/schedule-an-info-session\/&#8221; button_text=&#8221;connect with our team&#8221; admin_label=&#8221;Button Blue&#8221; module_class=&#8221;button blue&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_button][et_pb_text module_class=&#8221;text-above-button&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>ready to get started?<\/p>\n<p>[\/et_pb_text][et_pb_button button_url=&#8221;https:\/\/employers.collegeinvest.org\/Employer\/Enroll&#8221; button_text=&#8221;register to make employer contributions&#8221; admin_label=&#8221;Button Light Blue Seft&#8221; module_class=&#8221;button light-blue&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_button][et_pb_text module_class=&#8221;text-above-button&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Already have an employer account? <\/p>\n<p>[\/et_pb_text][et_pb_button button_url=&#8221;https:\/\/employers.collegeinvest.org\/&#8221; url_new_window=&#8221;on&#8221; button_text=&#8221;log in&#8221; admin_label=&#8221;Button Light Blue log in&#8221; module_class=&#8221;button light-blue&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_button][cumo_side_item icon=&#8221;https:\/\/www.collegeinvest.org\/wp-content\/uploads\/2023\/06\/Group-21.svg&#8221; icon_alt=&#8221;quicklink-icon&#8221; admin_label=&#8221;Icon Content Item Down&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p class=\"title\">downloadable resources<\/p>\n<p><a href=\"https:\/\/www.collegeinvest.org\/wp-content\/uploads\/2025\/06\/Employer-Contributions-2025.pdf\" target=\"_blank\"><span style=\"font-weight: 400;\">Overview for Employers<\/span><\/a><\/p>\n<p>[\/cumo_side_item][et_pb_text module_class=&#8221;text-above-button&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>who will I work with?<\/p>\n<p>[\/et_pb_text][et_pb_button button_url=&#8221;\/employers\/contact-our-team\/&#8221; button_text=&#8221;meet the employer team&#8221; admin_label=&#8221;Button Blue Meet&#8221; module_class=&#8221;button blue  btn-meet&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; sticky_enabled=&#8221;0&#8243;][\/et_pb_button][cumo_side_item icon_alt=&#8221;phone-icon&#8221; admin_label=&#8221;Icon Content Item Phone&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><a href=\"tel:303-376-8804\">303-376-8804<\/a><\/p>\n<p>[\/cumo_side_item][cumo_side_item icon_alt=&#8221;email-icon&#8221; admin_label=&#8221;Icon Content Item Email&#8221; module_class=&#8221;employ-form-email&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><a href=\"mailto:Employers@collegeInvest.org\"><span style=\"font-weight: 400;\">EMAIL US<\/span><\/a><\/p>\n<p>[\/cumo_side_item][cumo_side_item icon=&#8221;https:\/\/www.collegeinvest.org\/wp-content\/uploads\/2021\/09\/phone-icon.svg&#8221; icon_alt=&#8221;icon-phone&#8221; disabled_on=&#8221;on|on|on&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; disabled=&#8221;on&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p class=\"title\">call us<\/p>\n<p><a href=\"tel:303.376.8804\">303.376.8804<\/a><\/p>\n<p>[\/cumo_side_item][cumo_side_item icon=&#8221;https:\/\/www.collegeinvest.org\/wp-content\/uploads\/2021\/09\/email-icon-v1.svg&#8221; icon_alt=&#8221;icon-email&#8221; disabled_on=&#8221;on|on|on&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; disabled=&#8221;on&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p class=\"title\">email us<\/p>\n<p><a href=\"mailto:Employers@collegeinvest.org\" target=\"_blank\" rel=\"noopener\">Send us an email<\/a>[\/cumo_side_item][cumo_side_item icon=&#8221;https:\/\/www.collegeinvest.org\/wp-content\/uploads\/2021\/09\/quick-link.svg&#8221; icon_alt=&#8221;icon-link&#8221; disabled_on=&#8221;on|on|on&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; disabled=&#8221;on&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p class=\"title\">Quick links and Resources<\/p>\n<p><a href=\"https:\/\/www.collegeinvest.org\/employers\/contact-our-team\/\">Meet the Employer Team<\/a><\/p>\n<p><a href=\"https:\/\/www.collegeinvest.org\/employers\/schedule-an-info-session\/\">Schedule an Info Session<\/a><\/p>\n<p><a href=\"\/wp-content\/uploads\/2019\/11\/Employers-Steps-to-Contribute.pdf\" target=\"_blank\" rel=\"attachment noopener wp-att-247121\">Steps to contribute<\/a><\/p>\n<p><a href=\"\/wp-content\/uploads\/2019\/11\/Employers-Contribution-Options.pdf\" target=\"_blank\" rel=\"noopener\">Contribution options<\/a><\/p>\n<p>[\/cumo_side_item][et_pb_text disabled_on=&#8221;on|on|on&#8221; module_class=&#8221;text-above-button&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; disabled=&#8221;on&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Ready to enroll your company?<\/p>\n<p>[\/et_pb_text][et_pb_button button_url=&#8221;https:\/\/employers.collegeinvest.org\/Employer\/Enroll&#8221; url_new_window=&#8221;on&#8221; button_text=&#8221;enroll now&#8221; disabled_on=&#8221;on|on|on&#8221; admin_label=&#8221;Button Blue enroll now&#8221; module_class=&#8221;button blue&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; disabled=&#8221;on&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_button][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;Step To Get Started&#8221; module_class=&#8221;page-contributions step-to-get-started&#8221; _builder_version=&#8221;4.16&#8243; da_disable_devices=&#8221;off|off|off&#8221; collapsed=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221; da_is_popup=&#8221;off&#8221; da_exit_intent=&#8221;off&#8221; da_has_close=&#8221;on&#8221; da_alt_close=&#8221;off&#8221; da_dark_close=&#8221;off&#8221; da_not_modal=&#8221;on&#8221; da_is_singular=&#8221;off&#8221; da_with_loader=&#8221;off&#8221; da_has_shadow=&#8221;on&#8221;][et_pb_row module_class=&#8221;headline&#8221; _builder_version=&#8221;4.16&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; animation_style=&#8221;slide&#8221; animation_direction=&#8221;bottom&#8221; collapsed=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text admin_label=&#8221;Headline&#8221; module_class=&#8221;headline headline-ec&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>Making a meaningful difference in your employees\u2019 lives<\/h2>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=&#8221;1_4,1_4,1_4,1_4&#8243; module_class=&#8221;list-plans p-big-dark&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; animation_style=&#8221;slide&#8221; animation_direction=&#8221;bottom&#8221; collapsed=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;1_4&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text admin_label=&#8221;Content&#8221; module_class=&#8221;content-stgs&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<div class=\"number-circle-green\"><img decoding=\"async\" class=\"wp-image-249265 alignnone size-thumbnail\" src=\"https:\/\/e4iwtod4d46.exactdn.com\/wp-content\/uploads\/2021\/10\/1-1.svg\" alt=\"Icon for the number one on a green background\" width=\"150\" height=\"150\" \/><\/div>\n<h3>Create an account<\/h3>\n<p>Click the button below to start the two-minute enrollment process. You will need:<\/p>\n<ul>\n<li>Company name, address and contact info<\/li>\n<li>Your company\u2019s SSN \/ TIN<\/li>\n<\/ul>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;1_4&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text admin_label=&#8221;Content&#8221; module_class=&#8221;content-stgs&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<div class=\"number-circle-green\"><img decoding=\"async\" class=\"alignnone wp-image-249266 size-thumbnail\" src=\"https:\/\/e4iwtod4d46.exactdn.com\/wp-content\/uploads\/2021\/10\/2-1.svg\" alt=\"Icon for the number two on a green background\" width=\"150\" height=\"150\" \/><\/div>\n<h3>Educate your staff<\/h3>\n<p>Plan a time for an employee lunch &amp; learn or webinar &#8211; paid for and hosted by CollegeInvest.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;1_4&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text admin_label=&#8221;Content&#8221; module_class=&#8221;content-stgs&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<div class=\"number-circle-green\"><img decoding=\"async\" class=\"wp-image-249267 alignnone size-thumbnail\" src=\"https:\/\/e4iwtod4d46.exactdn.com\/wp-content\/uploads\/2021\/10\/3-1.svg\" alt=\"Icon for the number three on a green background\" width=\"150\" height=\"150\" \/><\/div>\n<h3>Collect employee info<\/h3>\n<p>Your employees will provide you with their CollegeInvest account number(s) to enter into your Employer portal account.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;1_4&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text admin_label=&#8221;Content&#8221; module_class=&#8221;content-stgs&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<div class=\"number-circle-green\"><img decoding=\"async\" class=\"wp-image-249268 alignnone size-thumbnail\" src=\"https:\/\/e4iwtod4d46.exactdn.com\/wp-content\/uploads\/2021\/10\/4-1.svg\" alt=\"Icon for the number four on a green background\" width=\"150\" height=\"150\" \/><\/div>\n<h3>Contribute<\/h3>\n<p>Record your contributions. You can fund your contribution via Check, ACH or Wire Transfer. We\u2019ll provide you instructions.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row module_class=&#8221;button-wrapper&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; animation_style=&#8221;slide&#8221; animation_direction=&#8221;bottom&#8221; collapsed=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_button button_url=&#8221;https:\/\/employers.collegeinvest.org\/Employer\/Enroll&#8221; button_text=&#8221;start making employer contributions&#8221; admin_label=&#8221;Button Blue&#8221; module_class=&#8221;button blue button-get-started&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_button][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;Alert Bar Login&#8221; module_class=&#8221;page-contributions alert-bar-login&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; da_disable_devices=&#8221;off|off|off&#8221; locked=&#8221;off&#8221; collapsed=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221; da_is_popup=&#8221;off&#8221; da_exit_intent=&#8221;off&#8221; da_has_close=&#8221;on&#8221; da_alt_close=&#8221;off&#8221; da_dark_close=&#8221;off&#8221; da_not_modal=&#8221;on&#8221; da_is_singular=&#8221;off&#8221; da_with_loader=&#8221;off&#8221; da_has_shadow=&#8221;on&#8221;][et_pb_row _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; animation_style=&#8221;slide&#8221; animation_direction=&#8221;bottom&#8221; collapsed=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text admin_label=&#8221;Content&#8221; module_class=&#8221;content-abl h3-dark p-small-dark&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h3>Important Employer Contribution note:<\/h3>\n<p>Colorado companies: To ensure your Employer tax credit can be validated with the Colorado Department of Revenue, companies must record their contributions via the <a href=\"https:\/\/employers.collegeinvest.org\/\" target=\"_blank\" rel=\"noopener\">CollegeInvest Employer portal<\/a> and funds must be sent directly to CollegeInvest headquarters in Denver.<\/p>\n<p>Contributions sent directly to an employee\u2019s account, while still eligible, may trigger a state audit.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;Flexible Promo Section&#8221; module_class=&#8221;page-contributions flexible-promo-image-right&#8221; _builder_version=&#8221;4.16&#8243; da_disable_devices=&#8221;off|off|off&#8221; collapsed=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221; da_is_popup=&#8221;off&#8221; da_exit_intent=&#8221;off&#8221; da_has_close=&#8221;on&#8221; da_alt_close=&#8221;off&#8221; da_dark_close=&#8221;off&#8221; da_not_modal=&#8221;on&#8221; da_is_singular=&#8221;off&#8221; da_with_loader=&#8221;off&#8221; da_has_shadow=&#8221;on&#8221;][et_pb_row column_structure=&#8221;1_2,1_2&#8243; _builder_version=&#8221;4.16&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; animation_style=&#8221;slide&#8221; animation_direction=&#8221;left&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text admin_label=&#8221;Flexible Promo Content&#8221; module_class=&#8221;h2-dark&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2><span style=\"font-weight: 400;\">Not looking to make employer contributions?<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">No worries. Many businesses simply offer 529 plan education as part of their overall financial wellness\/literacy program.<\/span><\/p>\n<p>[\/et_pb_text][et_pb_button button_url=&#8221;https:\/\/www.collegeinvest.org\/employers\/voluntary-benefits\/&#8221; button_text=&#8221;learn about our voluntary benefit&#8221; admin_label=&#8221;Button Blue&#8221; module_class=&#8221;button blue&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_button][\/et_pb_column][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; animation_style=&#8221;slide&#8221; animation_direction=&#8221;right&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_image src=&#8221;https:\/\/www.collegeinvest.org\/wp-content\/uploads\/2023\/06\/employer.png&#8221; alt=&#8221;employer&#8221; title_text=&#8221;employer&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;Faq Tab Section&#8221; module_class=&#8221;page-contributions no-background tab-module tab-slider faq-tab-section faq-wrapper &#8221; _builder_version=&#8221;4.16&#8243; da_disable_devices=&#8221;off|off|off&#8221; collapsed=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221; da_is_popup=&#8221;off&#8221; da_exit_intent=&#8221;off&#8221; da_has_close=&#8221;on&#8221; da_alt_close=&#8221;off&#8221; da_dark_close=&#8221;off&#8221; da_not_modal=&#8221;on&#8221; da_is_singular=&#8221;off&#8221; da_with_loader=&#8221;off&#8221; da_has_shadow=&#8221;on&#8221;][et_pb_row admin_label=&#8221;Headline&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; animation_style=&#8221;slide&#8221; animation_direction=&#8221;bottom&#8221; collapsed=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text admin_label=&#8221;Headline Text&#8221; module_class=&#8221; headline&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>Frequently asked questions about our employer program<\/h2>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=&#8221;Swipe to see more&#8221; module_class=&#8221;skip-check-list-row black&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; locked=&#8221;off&#8221; collapsed=&#8221;on&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=&#8221;1_4,1_4,1_4,1_4&#8243; admin_label=&#8221;Tab Anchors&#8221; module_class=&#8221;tab-anchors&#8221; _builder_version=&#8221;4.16&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; animation_style=&#8221;slide&#8221; animation_direction=&#8221;bottom&#8221; collapsed=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;1_4&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_button button_text=&#8221;voluntary benefit&#8221; admin_label=&#8221;voluntary benefit&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_button][\/et_pb_column][et_pb_column type=&#8221;1_4&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_button button_text=&#8221;webinars &#038; educational events&#8221; admin_label=&#8221;webinars &#038; educational events&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_button][\/et_pb_column][et_pb_column type=&#8221;1_4&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_button button_text=&#8221;employer contributions&#8221; admin_label=&#8221;employer contributions&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_button][\/et_pb_column][et_pb_column type=&#8221;1_4&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_button button_text=&#8221;employer portal&#8221; admin_label=&#8221;employer portal&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_button][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=&#8221;Voluntary Benefit&#8221; module_id=&#8221;voluntary-benefit&#8221; module_class=&#8221;tab-content-description&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; animation_style=&#8221;slide&#8221; animation_direction=&#8221;bottom&#8221; global_module=&#8221;244946&#8243; saved_tabs=&#8221;all&#8221; collapsed=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][cumo_faq_item question=&#8221;I don\u2019t think I have time or bandwidth to offer this. What, exactly, is required of me?&#8221; icon=&#8221;<i class=%22im im-plus-circle%22><\/i>&#8221; admin_label=&#8221;Can I use my savings for K-12 expenses test?&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; animation_style=&#8221;slide&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>We know you are busy, and we make it very quick and easy:<\/p>\n<ol>\n<li>Schedule a day and time for your Lunch &amp; Learn; reserve a room for our meeting.<\/li>\n<li>Send out the provided invitation to your staff, and request them to RSVP.<\/li>\n<li>\u00a0Give us a headcount for lunch the day before we come out. There is no administration; no paperwork. \u00a0And we handle all follow-up\/enrollment questions directly.<\/li>\n<\/ol>\n<p>[\/cumo_faq_item][cumo_faq_item question=&#8221;What does this program cost?&#8221; icon=&#8221;<i class=%22im im-plus-circle%22><\/i>&#8221; admin_label=&#8221;How can I access my client\u2019s account information?&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>There is no cost at all to you, or your employees. We provide lunch and all materials. This is a free service offered through the State of Colorado.<\/p>\n<p>[\/cumo_faq_item][cumo_faq_item question=&#8221;What, exactly, are you selling?&#8221; icon=&#8221;<i class=%22im im-plus-circle%22><\/i>&#8221; admin_label=&#8221;Do I need a sales agreement? How do I set one up?&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>As a not-for-profit State agency, CollegeInvest doesn\u2019t sell anything. Our Lunch &amp; Learn presentations are purely educational and designed to benefit your employees.<\/p>\n<p>[\/cumo_faq_item][cumo_faq_item question=&#8221;How does the direct deposit work?&#8221; icon=&#8221;<i class=%22im im-plus-circle%22><\/i>&#8221; admin_label=&#8221;Who is CollegeInvest?&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>It is a post-tax direct deposit from an employee\u2019s paycheck, directly into their 529 account. Think of it like the standard direct deposit; it is NOT a payroll deduction. When an employee opens a 529, they receive an account number and a routing number. They provide this information, along with the amount they\u2019d like to have deposited from each paycheck, to your payroll department. In the event your company has self-portals where employees manage their benefits themselves, then you don\u2019t have any involvement at all.<\/p>\n<p>[\/cumo_faq_item][cumo_faq_item question=&#8221;What about our out-of-state employees?&#8221; icon=&#8221;<i class=%22im im-plus-circle%22><\/i>&#8221; admin_label=&#8221;How do I access forms or order materials?&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Anyone can open and contribute to a CollegeInvest 529, regardless of which state they live in. Non-residents will not receive the Colorado state income tax deduction, but they will still enjoy the federal tax-free growth. We have tools and resources available to help your employees in other states take advantage of the best plan for them, if it\u2019s a Colorado plan or one from their home state.<\/p>\n<p>[\/cumo_faq_item][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=&#8221;Webinars &#038; Educational Events&#8221; module_id=&#8221;webinars-educational-events&#8221; module_class=&#8221;tab-content-description&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; animation_style=&#8221;slide&#8221; animation_direction=&#8221;bottom&#8221; global_module=&#8221;244947&#8243; saved_tabs=&#8221;all&#8221; collapsed=&#8221;on&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][cumo_faq_item question=&#8221;How do I get an info session scheduled for my team?&#8221; icon=&#8221;<i class=%22im im-plus-circle%22><\/i>&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>You can <a href=\"\/employers\/schedule-an-info-session\/\">schedule online<\/a>, email us at <a href=\"mailto:employers@collegeinvest.org\">employers@collegeinvest.org<\/a> or call <a href=\"tel: 3033768804\">303-376-8804<\/a>.<\/p>\n<p>[\/cumo_faq_item][cumo_faq_item question=&#8221;Do you require a minimum number of people for a lunch &#038; learn? I\u2019m not sure how much interest there is among our employees.&#8221; icon=&#8221;<i class=%22im im-plus-circle%22><\/i>&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>This is a common concern we hear. Rest assured, we want to support your employees regardless of the size of your group. Just reach out to us and we\u2019ll work with you to figure it out.<\/p>\n<p>[\/cumo_faq_item][cumo_faq_item question=&#8221;How long is your presentation?&#8221; icon=&#8221;<i class=%22im im-plus-circle%22><\/i>&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>We usually ask you allow one hour for the presentation and Q &amp; A. If you need us to customize the time for you, that\u2019s no problem.<\/p>\n<p>[\/cumo_faq_item][cumo_faq_item question=&#8221;We have several different shifts which makes it difficult to get everyone together at once for an info session.&#8221; icon=&#8221;<i class=%22im im-plus-circle%22><\/i>&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>No worries &#8211; we\u2019ll host as many lunch &amp; learns for as many shifts as you need.<\/p>\n<p>[\/cumo_faq_item][cumo_faq_item question=&#8221;Our company doesn\u2019t host lunch &#038; learns. Are there other ways to spread the word in our organization?&#8221; icon=&#8221;<i class=%22im im-plus-circle%22><\/i>&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Absolutely. We often participate in enrollment meetings, benefit fairs, quarterly staff meetings, etc.<\/p>\n<p>[\/cumo_faq_item][cumo_faq_item question=&#8221;We have employees working remotely. Do you offer webinars so they can be included?&#8221; icon=&#8221;<i class=%22im im-plus-circle%22><\/i>&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>We do! We often host a lunch &amp; learn on-site and then a follow-up webinar for employees who were unable to attend in-person. You can schedule a webinar <a href=\"\/employers\/schedule-an-info-session\/\">here.<\/a><\/p>\n<p>[\/cumo_faq_item][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=&#8221;Employer Contributions&#8221; module_id=&#8221;employer-contributions&#8221; module_class=&#8221;tab-content-description&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; animation_style=&#8221;slide&#8221; animation_direction=&#8221;bottom&#8221; global_module=&#8221;244949&#8243; saved_tabs=&#8221;all&#8221; collapsed=&#8221;on&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][cumo_faq_item question=&#8221;What tax form do I need to claim my credit?&#8221; icon=&#8221;<i class=%22im im-plus-circle%22><\/i>&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Form DR 0289, titled <em>Employer Contributions to Employee 529 Qualified State Tuition Program<\/em>, can be found <a href=\"https:\/\/tax.colorado.gov\/sites\/tax\/files\/documents\/DR%200289_2022.pdf\">here<\/a><\/p>\n<p>[\/cumo_faq_item][cumo_faq_item question=&#8221;Why should I add this as a new benefit?&#8221; icon=&#8221;<i class=%22im im-plus-circle%22><\/i>&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Colorado families tell us that they\u2019re already saving as much as they possibly can. And 93% of them wish their employer would help. Meaningful benefits DO make a difference in retaining your employees.<\/p>\n<p>[\/cumo_faq_item][cumo_faq_item question=&#8221;How does the tax credit work?&#8221; icon=&#8221;<i class=%22im im-plus-circle%22><\/i>&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>For every dollar an employer contributes to an employee\u2019s CollegeInvest 529 account, the employer receives a 20% tax credit, up to a maximum of $500 per employee per year. So, an employer could give up to $2,500 per employee and receive $500 for each person. Read the official\u00a0<a href=\"https:\/\/leg.colorado.gov\/sites\/default\/files\/2020a_1109_signed.pdf\">tax law here<\/a>.<\/p>\n<p>[\/cumo_faq_item][cumo_faq_item question=&#8221;How much can I contribute?&#8221; icon=&#8221;<i class=%22im im-plus-circle%22><\/i>&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>There is no limit to what you can contribute, however, the tax credit will max out at $2,500 per employee, per year.<\/p>\n<p>[\/cumo_faq_item][cumo_faq_item question=&#8221;Is there a minimum number of employees needed to participate?&#8221; icon=&#8221;<i class=%22im im-plus-circle%22><\/i>&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>No. Any size company can participate.<\/p>\n<p>[\/cumo_faq_item][cumo_faq_item question=&#8221;If I contribute to one employee\u2019s account, do I have to contribute to all my employees\u2019 accounts?&#8221; icon=&#8221;<i class=%22im im-plus-circle%22><\/i>&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>No. This program is\u00a0<span style=\"text-decoration: underline;\">not<\/span>\u00a0subject to the nondiscrimination rule or the Employee Retirement Income Security Act of 1974 (ERISA).<\/p>\n<p>[\/cumo_faq_item][cumo_faq_item question=&#8221;As a small business owner, can I contribute to my own account through my business?&#8221; icon=&#8221;<i class=%22im im-plus-circle%22><\/i>&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Yes, there are no restrictions on the type (S-Corp, LLC, etc.) or size of employer. Whether the new business tax credit or the traditional, personal dollar-for-dollar deduction is more advantageous to you will depend on your particular business operations. We encourage you to consult with a tax professional for advice.<\/p>\n<p>[\/cumo_faq_item][cumo_faq_item question=&#8221;For payroll purposes, is this counted as wages to the employee?&#8221; icon=&#8221;<i class=%22im im-plus-circle%22><\/i>&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Yes, and it is subject to taxes and withholdings, just as their salary is.<\/p>\n<p>[\/cumo_faq_item][cumo_faq_item question=&#8221;What if my employee is not the Account Owner?&#8221; icon=&#8221;<i class=%22im im-plus-circle%22><\/i>&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>The law specifies that in order for a business to receive the tax credit, the contribution must be made to an employee\u2019s account. If, for instance, your employee\u2019s spouse is the account owner, this will not meet the standard of the tax law. So, have your employee open a new account in their name at <a href=\"\/enroll-529-savings-plan\/\">https:\/\/www.collegeinvest.org\/enroll-529-savings-plan\/<\/a>.<\/p>\n<p>[\/cumo_faq_item][cumo_faq_item question=&#8221;How long will it take until an employee receives my contribution into their account? And how long until the funds are vested?&#8221; icon=&#8221;<i class=%22im im-plus-circle%22><\/i>&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Deposits will show up approximately two weeks from the date we receive your funds. They are fully vested immediately.<\/p>\n<p>[\/cumo_faq_item][cumo_faq_item question=&#8221;Is there an enrollment period to sign up?&#8221; icon=&#8221;<i class=%22im im-plus-circle%22><\/i>&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>No, you can enroll and start contributing any time at\u00a0<a href=\"https:\/\/employers.collegeinvest.org\/Employer\/Enroll\" target=\"_blank\" rel=\"noopener noreferrer\">employers.collegeinvest.org<\/a>.<\/p>\n<p>[\/cumo_faq_item][cumo_faq_item question=&#8221;What is the best way to implement this new program?&#8221; icon=&#8221;<i class=%22im im-plus-circle%22><\/i>&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>It\u2019s completely up to you. Some employers are doing a 529 Match, others are contributing as a bonus or when an employee has a new baby or work anniversary. There are many creative ways to contribute.\u00a0<a href=\"\/wp-content\/uploads\/2019\/11\/Employers-Contribution-Options.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">Here are some suggestions<\/a>.<\/p>\n<p>[\/cumo_faq_item][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=&#8221;Employer Portal&#8221; module_id=&#8221;employer-portal&#8221; module_class=&#8221;tab-content-description&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; animation_style=&#8221;slide&#8221; animation_direction=&#8221;bottom&#8221; global_module=&#8221;244952&#8243; saved_tabs=&#8221;all&#8221; collapsed=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][cumo_faq_item question=&#8221;How do I use the Employer Portal?&#8221; icon=&#8221;<i class=%22im im-plus-circle%22><\/i>&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><span style=\"font-weight: 400;\">Video tutorials, as well as FAQs, are available once you log in or enroll on the <a href=\"https:\/\/employers.collegeinvest.org\" target=\"_blank\" rel=\"noopener\">portal<\/a><\/span><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p>[\/cumo_faq_item][cumo_faq_item question=&#8221;What information do I need to enroll my company?&#8221; icon=&#8221;<i class=%22im im-plus-circle%22><\/i>&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>You will need basic information, such as company address, contact info and SSN\/TIN. You will also need to select the month that your company\u2019s fiscal year ends. You may also add an optional secondary contact.<\/p>\n<p>[\/cumo_faq_item][cumo_faq_item question=&#8221;When I add an employee in order to record a contribution, I\u2019m asked for their account number. Where do I find this information?&#8221; icon=&#8221;<i class=%22im im-plus-circle%22><\/i>&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Your employees need to provide you with their CollegeInvest account number(s). For privacy reasons, CollegeInvest cannot provide you with this information. If your employee does not know their account number, have them call us directly at 800-448-2424 and we will help them locate it.<\/p>\n<p>[\/cumo_faq_item][cumo_faq_item question=&#8221;How do I record a contribution?&#8221; icon=&#8221;<i class=%22im im-plus-circle%22><\/i>&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Once you\u2019ve entered an Employee (Employees menu, Add Employee) into the system, simply select their name, click on the \u201cRecord Contribution\u201d button and fill in the amount you want to contribute. You have the option of funding the contribution via Check, ACH or Wire Transfer. Funding instructions will be emailed to you upon recording of your contribution.<\/p>\n<p>[\/cumo_faq_item][cumo_faq_item question=&#8221;How do I search for a contribution I recorded?&#8221; icon=&#8221;<i class=%22im im-plus-circle%22><\/i>&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>You can search for contributions under Contributions, Contribution Management. There you have the ability to search by employee name, date and account number.<\/p>\n<p>[\/cumo_faq_item][cumo_faq_item question=&#8221;How do I know if I already entered an employee into the system?&#8221; icon=&#8221;<i class=%22im im-plus-circle%22><\/i>&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>The Employee Management screen (Employees menu) will allow you to search employees by name or account number.<\/p>\n<p>[\/cumo_faq_item][cumo_faq_item question=&#8221;What if an employee has more than one CollegeInvest account?&#8221; icon=&#8221;<i class=%22im im-plus-circle%22><\/i>&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>There is no limit on the number of accounts an employee can have. You\u2019ll enter each account separately, as if you are entering each one as a new employee. You can split your contribution among more than one account, if you wish.<\/p>\n<p>[\/cumo_faq_item][cumo_faq_item question=&#8221;How frequently can I contribute?&#8221; icon=&#8221;<i class=%22im im-plus-circle%22><\/i>&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>As often, and whenever, you want.<\/p>\n<p>[\/cumo_faq_item][cumo_faq_item question=&#8221;How do I pull a year-end report for taxes?&#8221; icon=&#8221;<i class=%22im im-plus-circle%22><\/i>&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>From the Reports menu, you can access a fiscal year-end report that will detail all contributions made that year, detailed by employee.<\/p>\n<p>[\/cumo_faq_item][cumo_faq_item question=&#8221;What is the process for my company to claim the 20% tax credit for contributions?&#8221; icon=&#8221;<i class=%22im im-plus-circle%22><\/i>&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Employers must complete Form DR 0289, titled<em>\u00a0<\/em><em>Employer Contributions to Employee 529 Qualified State Tuition Program<\/em>. The form can be found at\u00a0<em><a href=\"https:\/\/collegeinvest.us2.list-manage.com\/track\/click?u=7e30b1e5b405bc78b67139c0b&amp;id=ef660553d2&amp;e=57b946c6e9\" target=\"_blank\" rel=\"noopener\">https:\/\/www.colorado.gov\/pacific\/tax\/credit-subtraction-forms<\/a><\/em>\u00a0near the bottom under\u00a0<em>Other Forms<\/em>.<\/p>\n<p>[\/cumo_faq_item][cumo_faq_item question=&#8221;How do I change the SSN\/TIN on my account profile?&#8221; icon=&#8221;<i class=%22im im-plus-circle%22><\/i>&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Give us a call at 303-376-8813 and we will make that change for you.<\/p>\n<p>[\/cumo_faq_item][cumo_faq_item question=&#8221;How long will it take until an employee receives my contribution in to their account?&#8221; icon=&#8221;<i class=%22im im-plus-circle%22><\/i>&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Generally, approximately two weeks from the date we receive your funds.<\/p>\n<p>[\/cumo_faq_item][cumo_faq_item question=&#8221;My issue isn\u2019t listed and I still need help.&#8221; icon=&#8221;<i class=%22im im-plus-circle%22><\/i>&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>No problem! For questions related to using this portal and making contributions, please reach out to us at <a href=\"tel:303-376-8813\">303-376-8813<\/a> or email us at <a href=\"mailto:employers@collegeinvest.org\">employers@collegeinvest.org<\/a>.<\/p>\n<p>[\/cumo_faq_item][et_pb_button button_text=&#8221;Load More&#8221; disabled_on=&#8221;on|on|on&#8221; admin_label=&#8221;Button Load More FAQ&#8221; module_class=&#8221;button light-blue  btn-load-more-faq&#8221; _builder_version=&#8221;4.17.3&#8243; _module_preset=&#8221;default&#8221; disabled=&#8221;on&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_button][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;Testimonial Carousel&#8221; module_class=&#8221;quote-section&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; da_disable_devices=&#8221;off|off|off&#8221; collapsed=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221; da_is_popup=&#8221;off&#8221; da_exit_intent=&#8221;off&#8221; da_has_close=&#8221;on&#8221; da_alt_close=&#8221;off&#8221; da_dark_close=&#8221;off&#8221; da_not_modal=&#8221;on&#8221; da_is_singular=&#8221;off&#8221; da_with_loader=&#8221;off&#8221; da_has_shadow=&#8221;on&#8221;][et_pb_row admin_label=&#8221;Headline&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; animation_style=&#8221;slide&#8221; animation_direction=&#8221;bottom&#8221; locked=&#8221;off&#8221; collapsed=&#8221;on&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text admin_label=&#8221;Healine&#8221; module_class=&#8221;h2-dark headline&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>What our partners are saying<\/h2>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=&#8221;Quote Slider&#8221; module_class=&#8221;quote-slider &#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; animation_style=&#8221;slide&#8221; animation_direction=&#8221;bottom&#8221; locked=&#8221;off&#8221; collapsed=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text admin_label=&#8221;Content&#8221; module_class=&#8221;quote&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>&#8220;I\u2019ve been saving for college for my kids with CollegeInvest since they were little, so I jumped at the chance to contribute to my employees\u2019 accounts. The program fits perfectly with my company\u2019s family-first philosophy. The smiles on my employees\u2019 faces is worth more to me than the tax credit my company gets for contributing to their accounts&#8221;<\/p>\n<h4>\u2013 <span style=\"font-weight: 400;\">Brett Grischo, CEO\/Founder \u2013 Explore Communications<\/span><\/h4>\n<p>[\/et_pb_text][et_pb_text admin_label=&#8221;Content&#8221; module_class=&#8221;quote&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>\u201cWe are competing for the best employees in a tight Colorado workforce. Having meaningful benefits helps us attract and retain top talent. That\u2019s why contributing to our employees\u2019 CollegeInvest accounts is a no-brainer.\u201d<\/p>\n<h4>\u2013 <span style=\"font-weight: 400;\">Derek Dykstra, President &amp; CEO \u2013 Gracon LLC<\/span><\/h4>\n<p>[\/et_pb_text][et_pb_text admin_label=&#8221;Content&#8221; module_class=&#8221;quote&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>\u201cCollegeInvest has given our employees an easy way to save for college expenses for themselves and family members.\u00a0 Our employees have appreciated the simplicity and the different investment options for their college saving needs. I personally have used Collegeinvest for my twins that are currently in college.\u00a0 This program has been a powerful savings tool for my family to manage college investments with the bonus of saving on state taxes.\u201d<\/p>\n<h4>\u2013 <span style=\"font-weight: 400;\">Susan Dobbs, Asst. Director \u2013 Anythink<\/span><\/h4>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row disabled_on=&#8221;on|on|on&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; animation_style=&#8221;slide&#8221; animation_direction=&#8221;bottom&#8221; disabled=&#8221;on&#8221; locked=&#8221;off&#8221; collapsed=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_button button_url=&#8221;#get-in-touch&#8221; button_text=&#8221;join them and get started&#8221; admin_label=&#8221;Button Blue&#8221; module_class=&#8221;button blue &#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_button][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; disabled_on=&#8221;on|on|on&#8221; admin_label=&#8221;Contact Form&#8221; module_id=&#8221;get-in-touch&#8221; module_class=&#8221;get-in-touch&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; background_image=&#8221;https:\/\/www.collegeinvest.org\/wp-content\/uploads\/2021\/08\/sidebar-remove-line.png&#8221; da_disable_devices=&#8221;off|off|off&#8221; disabled=&#8221;on&#8221; locked=&#8221;off&#8221; collapsed=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221; da_is_popup=&#8221;off&#8221; da_exit_intent=&#8221;off&#8221; da_has_close=&#8221;on&#8221; da_alt_close=&#8221;off&#8221; da_dark_close=&#8221;off&#8221; da_not_modal=&#8221;on&#8221; da_is_singular=&#8221;off&#8221; da_with_loader=&#8221;off&#8221; da_has_shadow=&#8221;on&#8221;][et_pb_row admin_label=&#8221;Headline&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; animation_style=&#8221;slide&#8221; animation_direction=&#8221;bottom&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text admin_label=&#8221;Headline &#8221; module_class=&#8221;h2-light headline&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>Get in touch<\/h2>\n<p>Fill out the form below to have one of our Employer Program team members contact you directly. 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One way to stand out as an employer is by offering meaningful benefits that show you\u2019re invested in your team\u2019s future. Financial stress related to [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":41,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","inline_featured_image":false,"footnotes":""},"class_list":["post-43","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Working Families College Savings Act (HB18-1217) | College Savings Plans<\/title>\n<meta name=\"description\" content=\"Colorado passes bill allowing employers to contribute to employee 529s, and receive a state tax credit. 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