Using Payroll Contributions to Help Kickstart Your 529

Employees Can Save Automatically through Payroll Contributions

One of the easiest ways to save for college in the NC 529 Plan is to enroll in the Payroll Contribution Program because the contribution is automatically deducted from your paycheck and sent directly to us by your Employer. The Employee will either enroll and obtain a 12-digit Account number for each Beneficiary that you have or obtain the 12-digit Account number(s) of the Beneficiary to whom you will contribute (an employee may contribute to any NC 529 Plan Account(s) they choose). The Account number(s) are used to complete the Payroll Deduction Authorization Agreement Form (C426). The original Payroll Contribution Authorization Agreement will be submitted to your Payroll Office, and a copy will be submitted to the Program for processing to begin.

Other Perks Include:

• No enrollment fees or sales charges to open or maintain an Account or participate in the Payroll option
• Low minimum contribution of just $25 per pay period
• Employees can contribute to an Account owned by another individual for the Beneficiary or multiple Beneficiary Accounts.
• The Payroll Contribution can be initiated or canceled by completing a form.
• Employees from other Payroll Providers may contribute to your established NC 529 Plan Account(s).

Email your Employer a link to our page and express interest in having them facilitate saving for college with the NC 529 Plan.

Refer to the brochure below for the basics on joining our Program and on Participants saving for college with the NC 529 Plan.

C620 NC 529

Ready to keep things moving?

Whether you’re opening a new account or need help managing an existing one, we’re here to help you take the next step with confidence.