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Description
Gift of College addresses a significant concern for your workforce: funding higher education. This straightforward tool can significantly alleviate employee anxiety while enhancing their financial well-being. Plus, you won’t have to choose a specific 529 plan to provide. With Gift of College, employees can make contributions to any state's 529 college savings plan as well as any student loan account, allowing them to make their own choices. It offers a convenient method for employees to manage the repayment of their own or a loved one’s student loans through automated payroll deductions that can be directed to various 529 college savings plans or student loan accounts. Additionally, there is an option for employers to match contributions or make their own contributions. The gift card is designed to be user-friendly for employees, serving as an economically advantageous and efficient means to give or match contributions to any 529 plan or student loan for appreciation, recognition, or special events, ultimately fostering a supportive work environment.
Description
Unlock impactful student loan benefits that genuinely benefit everyone involved. Summer empowers organizations to provide tailored and all-encompassing student loan solutions that are simple to implement. This approach leads to a notable 20% reduction in employee attrition and guarantees substantial savings. By minimizing turnover and attracting the talent of tomorrow, you can create a customized solution that addresses the specific requirements of your team. Say goodbye to facing student loan challenges alone. Discover how to bring Summer’s benefits to your organization. Enhance your services and foster client loyalty by integrating these highly desirable financial benefits. Transform your employee experience with a robust student loan program that fosters loyalty and ensures fairness for all borrowers. We’ve navigated through all the complex regulations and terminology, relieving you of that burden. What sets us apart is our proven ability to save significant amounts, enhance retention rates, and solidify your reputation as an employer of choice. Explore how you can implement your personalized solution in less than two weeks, making a meaningful difference for your workforce. By investing in these benefits, you’ll not only empower your employees but also strengthen your overall organizational culture.
API Access
Has API
API Access
Has API
Integrations
No details available.
Integrations
No details available.
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Gift of College
Founded
2007
Country
United States
Website
www.giftofcollege.com/employers-and-529/
Vendor Details
Company Name
Summer
Country
United States
Website
www.meetsummer.com
Product Features
Product Features
Benefits Administration
COBRA Administration
Claims Management
Deduction Management
Disability Insurance Administration
Employee Benefits Administration
FMLA Administration
FSA Administration
Flexible Spending Accounts
For Brokers
For Employers
HIPAA Compliant
Health Insurance Administration
Life Insurance Administration
Online Benefits Enrollment
Premium Billing
Provider Management
Retiree Administration
Retirement Plan Management
