GiftofCollege

ABLE accounts are a fantastic tax-advantaged savings tool that can greatly enhance financial independence for people with disabilities. To celebrate, we're sharing a clip from an interview with our COO Patricia Roberts, J.D. and Noelle Bellow, who did an amazing feature on ABLE accounts during Disability Pride Month.

August 14th is ABLE Savings Day! In 2014, Congress passed the Achieving a Better Life Experience (ABLE) Act, which established savings and investment accounts specifically for people with disabilities. ABLE accounts enable individuals with disabilities to save money without affecting their eligibility for means-tested benefit programs like Medicaid or SSI by exempting these savings from asset limitations. Our Gift of College At-Work program helps: 1. Offer Automatic Payroll Deductions to ABLE accounts, making it easier for employees to consistently contribute to their savings. 2. Provide Gift of College Gift Cards as rewards or incentives for employees, making it a thoughtful and practical gift. 3. Raise Awareness: Hosting informational sessions or including details in company newsletters can help spread the word and encourage participation. Thanks to ABLE Savings Programs, many Americans living with disabilities have more independence than ever. For more information on how to get started, visit https://lnkd.in/gruGe3nH and learn how you can make a difference in the lives of your employees today.

As round out Disability Pride Mont , it’s a fitting time to take meaningful steps to support and educate employees whose lives have been touched by disability. Providing valuable education on ABLE accounts and ways to contribute directly to them can demonstrate a commitment to inclusivity and support for all employees. This not only helps those touched by disabilities but also fosters a more supportive and diverse workplace culture. What Are ABLE Accounts? ABLE accounts are tax-advantaged savings accounts designed specifically for individuals with disabilities. They allow for saving and investing funds for a wide range of qualified disability expenses without jeopardizing eligibility for crucial benefits like Medicaid and Supplemental Security Income (SSI). How Gift of College Helps Employers Support their Employees: ➡️ Automatic Payroll Deductions: The Gift of College At-Work platform provides employers with the ability to offer automatic payroll deductions to ABLE accounts, making it easier for employees to consistently contribute to these savings. ➡️ Gift of College Gift Cards: Gift of College gift cards can be used for ABLE account contributions. These cards can be given as employee rewards or incentives. ➡️ Raising Awareness: The Gift of College At-Work team hosts informational sessions on ABLE plans and provides content for company newsletters to help raise awareness. For more information on how to get started, visit https://lnkd.in/gruGe3nH and learn how you can make a difference in the lives of your employees today. #disabilitypridemonth #giftofcollege #saveforthefuture #giftsthatmatter #giftcards #ABLE #disabilityawarenessday #giftofindependence

Did you know employers can assist with student loan repayment? Our COO, Patricia Roberts, J.D., discusses various strategies for managing student loans in Addie Johnson Talbott, M.S.'s latest article for GOBankingRates.

As employers, investing in your team’s financial wellness not only supports your employees, but also sets your company apart in a competitive job market. Gift of College offers seamless solutions to help your employees manage and pay down their student loans. Here’s how: 1. Payroll Deductions: Simplify the process with automated payroll deductions, making it easier for employees to stay on top of their student loan payments. 2. Optional Employer Matching Contributions: Boost morale and retention by matching contributions to employee student loan accounts. 3. Gift Cards for Special Occasions: Celebrate milestones by offering Gift of College gift cards. Whether it’s a new baby, a work anniversary, or another special event, these thoughtful gestures help employees reduce their student debt. 4. Education Saving & Planning Resource: We can provide valuable resources and support for employees to plan and save for future education costs. By integrating these strategies, Gift of College helps you support your employees on their journey to financial independence. To learn more visit us at: https://lnkd.in/ets5cxF #FinancialWellness #EmployeeBenefits #GiftOfCollege #StudentLoans #WorkplaceCulture #EmployerMatching #529Plans #InvestInYourTeam

🎓 Happy 529 Day! 🌟 Today, we celebrate 529 Day, dedicated to raising awareness about the importance of saving for education! 📚✨ Investing in a 529 plan is one of the best ways to secure a bright future for our loved ones. These tax-advantaged savings plans are designed to help families set aside funds for future educational expenses. Here's why a 529 plan is a smart choice: 🔹 Tax Benefits: Contributions grow tax-free, and withdrawals for qualified education expenses are also tax-free. 🔹 Flexibility: Funds can be used for educational expenses, such as tuition, room and board, and books. 🔹 Transferable Benefits: If the original beneficiary doesn’t need the funds, you can transfer them to another eligible family member without penalty. As we celebrate the achievements of graduates and look forward to the future, let’s remember the power of planning ahead. Start a 529 plan today and take the first step toward securing a brighter tomorrow for your future students. Visit us to learn more: https://lnkd.in/gZ_SxAW4 #529Day #EducationSavings #FutureInvestments #Graduation #FinancialPlanning #HigherEducation #FamilyFuture

April is Financial Literacy Month, and it's an excellent opportunity to educate your employees about ways to save for education expenses. Whether they're saving for their own education, their children's, or paying off student loans, Gift of College can help. Gift of College is a benefits platform that enables your employees to pay off student loans or contribute to 529 college savings plans through convenient payroll deductions. Additionally, the platform allows employers to match contributions to employee student loan accounts or reward employees with Gift of College gift cards for special occasions such as new baby arrivals or career milestones. By offering the gift of education, you're not only incentivizing your employees but also investing in their future and the success of your company. Interested in learning more? Visit us at https://lnkd.in/gruGe3nH Let's work together to make education dreams a reality! 🚀

#ComingUp #Tomorrow #Morning on #BRNAM | #Paying for #college after being #laidoff | Patricia Roberts, J.D., GiftofCollege | #tunein: https://lnkd.in/eg87yvT9 #JustTheFacts

April is Financial Literacy Month and our COO Patricia Roberts, J.D. is sharing her perspective on instilling financial skills in our children from an early age.

Thanks to Cody Bay and GO Banking Rates for featuring a great recommendation by our COO, Patricia Roberts, J.D. on how you can help your future students this tax season 💰.