Employees sign up during open enrollment or any time of year – All employees need to complete signup is their work email address, basic information about themselves, information about who they are saving for, and their bank account.
A 529 account is automatically opened within minutes – Once employees input their information online, a 529 account is automatically opened.
Employees make contributions – Employees can make contributions from their own bank accounts, or they can use SavvyFi’s gifting and cashback rewards features to save without using their own income. All contributions are automatically invested in an enrollment-date investment option provided by Vanguard.
Employers can make matching contributions using the SavvyFi platform