College Tuition Benefit
College Tuition Benefit makes it possible for employers to offer a scholarship benefit to their employees without additional cost. Employees can “gift” tuition rewards to children, grandchildren, nieces and nephews when they attend a participating college or university.
- Unique benefit where employees earn scholarship credits
- No cost to the company
- 5% annual match against the retirement account without changing plan
- Increases participation in the retirement plan
- Helps attract and retain the best employees