(Published by Filice.) At a time when talent is tough to attract and retain, HR managers are pulling out all the stops with benefits and perks. But if you’re not leveraging the lure of college savings and loan repayments, you’re missing a competitive edge.
Category: 529 Plans
When a company offers any benefit to its employees, there’s a fast way to gauge whether the effort was a hit or a flop: adoption rates. Some benefits take off like rocketships, with employees racing to onboard; others languish on the sidelines. Blue Earth Diagnostics’ Human Resources Manager saw this surprising disparity in real time when the company introduced four new benefits at the same time and discovered that employees were overwhelmingly most interested in the college savings and student loan benefits of SavvyFi.
(Published by Yahoo! Finance.) Amidst the uproar around the college debt crisis, SavvyFi is riding a wave of interest in college savings and student loan benefits from investors, benefit consultants, and corporations. The Nashville-based fintech solution for college savings and student loans brings accessibility and crowdfunding to employee benefits.
Student debt struggles in their own pasts are probably the main reason why parents are starting their college funds earlier than previous generations. Starting early is important, but just how important?
To answer this question, SavvyFi ran the numbers to show a hypothetical “cost of waiting” and the importance of funding a 529 college savings plan as soon as possible.
Only 33% of U.S. parents are aware of 529 plans, according to an Edward Jones survey. This means that less than 33% actually understand what a
Data shows that new parents are more motivated than ever before to save for their children’s college. However, there are quite a few barriers keeping
You’re finally ready to start your child’s college fund. You’ve decided on the 529 plan as your account type, which is a pretty solid choice,