A great benefit for businesses and employees.
Companies can provide a low to no cost benefit to their employees by allowing the employees to contribute to their TNStars College Savings 529 Program account directly from their payroll check. The TNStars College Savings 529 Program does not charge any employer to provide this service through our program.
The money that is contributed by your employees from their payroll check is after tax, and as an employer, you decide the frequency that you send the payroll deductions to the TNStars College Savings 529 Program.
To learn more about offering payroll deduction to your employees, please email TN.Stars@tn.gov or call (855) 3TN-STAR (386-7827).