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Opt-in to saving for college

Review your college savings plans during open enrollment

April 17, 2019    While updating your benefits this spring as part of Open Enrollment, take a moment to look at your education savings goals. Whether you’re savings for college, vocational school or even K-12, now is a good time to start, review or increase your college savings through employee payroll deduction or automatic monthly contributions. With as little as $25 a month, you can set up a 529 college savings plan for your child, grandchild, another relative, friend or yourself.

The tax advantages of a 529 plan can help your savings go further, especially when used with the UA employee tuition waiver.  As the benefits of savings come to fruition for the beneficiary, we celebrate with you! We are happy to make saving for college as easy as possible.

Getting started:  

Payroll deduction is a convenient way for UA employees to fund their college savings plan accounts. To participate, set up an account in the UA College Savings Plan. Enroll online or by calling 1-800-478-0003. Then, fill out the Payroll Deduction Request form and return it to the UA College Savings Plan office. Alternatively, you can enroll in Automatic Monthly Contributions.

Follow the UA College Savings Plan on Facebook, Instagram or Twitter and watch for updates about upcoming events and tips.

Get to know the UA College Savings Plan staff. Drop into Suite 207 of the Butrovich Building (Fairbanks) or Suite 209 of the Bragaw Office Building (Anchorage), or reach us at 474-5671 and collegesavings@alaska.edu.  We’re here to answer your 529 questions!

As the nation’s only 529 plan located within the walls of a university, we have a unique ability to support students and employees in saving for post-high education. Let us help support you on your college savings journey.