NC 529 Employer Resources: Make College Savings Easy for Employees

Support your employees’ education goals with the NC 529 Payroll Direct Deposit Program. It’s simple, secure and helps staff save automatically for educational expenses while providing a meaningful workplace benefit.

About a Payroll Direct Deposit Program

The NC 529 Payroll Direct Deposit Program lets employees contribute to a 529 education savings account directly from their paycheck. Benefits include automatic savings, tax advantages and more.

Steps to getting started (for companies)

• Submit Employer Profile Form (C424): Provide your company info to enroll in the Payroll Contribution Program. 
• Set up payroll direct deposit: Work with your payroll team to determine contribution amounts and schedules.
• Communicate with employees: Share flyers, emails and instructions so employees know how to participate.
• Support participation: Access resources, FAQs and certificates to make saving easy and engaging.
• Optional: Group 529 Plan for State Employees (C424s): Enroll eligible employees in a coordinated group plan.