Oklahoma 529 College Savings Plan (OCSP)

Employers & Organizations

Join the 250+ companies participating in OCSP at Work

On May 11, 2020, Oklahoma 529 College Savings Plan changed to a new administrative platform:

Any direct deposit contributions established under the old record keeper will be rejected and returned unless direct deposit contributions are re-established. Impacted account owners who contribute through payroll direct deposit should have received a letter containing instructions to update payroll instructions. If you did not receive this letter, please contact us at 1-877-654-7284.

When you offer OCSP at Work, everybody benefits

The Oklahoma 529 College Savings Plan is an added benefit your employees want and need – and costs you nothing to provide. OCSP offers your employees a smart way to set aside money for college costs for their children or other loved ones. Families understand the lifetime benefits of higher education. With the rising costs of tuition and other college expenses, helping your employees save for this future investment is a wonderful benefit to offer.

How to get started

Administering OCSP in your workplace is free and easy – get started by learning more below or download the Employer Payroll Guide.

LEARN ABOUT OCSP AT WORK

A New Employee Benefit at No Cost to You

You want more ways to differentiate and enhance your employee benefits package. With automatic payroll direct deposit, your employees get a hassle-free opportunity to save for their children’s higher education costs with low, budget-friendly minimums that make saving easy. And the best part? It costs you nothing and creates no additional administrative burdens. In fact, we’ll do all the work.

Check out the step by step payroll guides and free digital tools to help introduce the Oklahoma 529 College Savings Plan to your employees.

READ MORE ABOUT OCSP

You’re probably familiar with 401(k), 403(b) or Roth IRA plans for retirement. The Oklahoma 529 College Savings Plan is similar, but it’s used to save for higher education. With tax advantages for Oklahoma residents, an easy-to-use digital interface and a range of investment options, OCSP makes saving affordable and accessible.

 

College Savings is an issue families care passionately about. Make OCSP a critical addition to your Financial Wellness program.

WHY OFFER OCSP TO YOUR EMPLOYEES

College Savings – A critical addition to your Financial Wellness program


A Passionate Concern of Your Employees

It’s an understatement to say that college savings is an important financial goal for families with children. We see it firsthand in every parent and grandparent education savings event. College savings isan issue that is top of mind for parents, grandparents, aunts, uncles etc. Seeing the next generation succeed is very near and dear to the heart.

Families understand the importance of higher education to the future of their children and other loved ones. Studies show there is a clear hierarchy in both income level and growth rate of income as the level of education increases. Even “some college”, or an uncompleted bachelor’s degree, provides a higher level of income than graduating from high school alone. As a result, the demand for higher education continues to rise while student loan debt has skyrocketed.

For many families, higher education is the gateway to the American Dream. The Oklahoma 529 College Savings Plan can help your employees accomplish their college savings goals and turn dreams into reality.


Didn’t find what you’re looking for or would like to be contacted by a College Savings Consultant about the Oklahoma 529 College Savings Plan at Work?


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