SavvyFi For Consultants
A Differentiated Benefit
Looking for a way to stand out to your clients? Companies are looking for a benefit that will help retain and attract top talent. SavvyFi can help by equipping you with a benefit that many individuals are in search of. Employer-sponsored college savings plans are increasing in popularity. We provide you with all of the tools and materials you need to succeed and create a new revenue source.
How We Help
Student debt is a $1.6 trillion problem. Parents don’t want to pass this burden on to their children; however, they often feel they lack the time, money and know-how to get started. Seventy three percent of parents say that saving for college is their #1 priority
Employers are in a unique position to help. SavvyFi is a financial wellness benefit for the workforce. With SavvyFi’s intuitive technology, employees can easily enroll in a 529 savings plan and significantly boost their college savings.
Why Choose SavvyFi
No Employee Minimum
No Heavy Lifting
Mobile Friendly Platform
Easy to use application makes sign up easy for anyone on any device.
Friends & Family Gifting
Loved ones have the opportunity to invest in education expenses.
Shopping builds up savings at no cost to employers or employees.
How It Works
1. Easy Rollout
2. Electronic Signup
Employees self-enroll through a signup link or the employer’s benefits administration platform.
3. Trusted Tech
SavvyFi’s tech auto-opens a 529 account with Vanguard® investment funds.
4. Advanced Features
Frequently Asked Questions
Who is SavvyFi?
SavvyFi is an investment adviser registered with the Securities and Exchange Commission. Our innovative technology makes it hassle-free and inexpensive for employers to offer a college savings plan to their workforce.
What is a 529 Plan?
A 529 plan is a college savings plan that offers tax benefits when used to save and invest for K-12 tuition and college costs. For more information on 529 plans, see our page What is a 529?
How do I enroll my employer clients?
SavvyFi provides a portal for benefit consultants to easily enroll their employer clients. Once added to the portal, employers will receive a standard contract. The employer will sign and return. Then, their employees can self-enroll via a simple link. SavvyFi will keep consultants updated on how enrollment is progressing.
How much administration is involved for employers?
Very little! SavvyFi provides all enrollment materials for distribution and there’s no payroll integration required. Individual enrollment is hands-off because employees will self-enroll through a simple link, and our advanced platform handles all money transmission, reporting, support requests and account changes.
How Is An Account Funded?
Who Can Open a 529 Account?
Anyone! You can open an account for your child, grandchild, niece, nephew, and even the neighbor’s kid – as long as you have their social security number. If you’re looking for a head start on your savings, you can even open an account for yourself and transfer it to your child at a later date.
Interested in partnering up? Send us a message and we’ll set up a time to show you under the hood.