Learning Quest 529 Workshop
Course Code: WHR202
Course Name: Learning Quest 529 Workshop
Department: Human Capital Services
Length of Session: 1 Hour
Audience: All Employees
Affording higher education gets more difficult each year. With the cost of education continuing to rise, it’s important to start saving early! Learning Quest can help offer a smart solution to fit your financial needs.
Kansas State University offers a Learning Quest 529 Education Savings Plan through American Century Investment Company. This plan helps employees invest for the expenses of a higher education by offering tax-deferred earnings growth and potentially reduced taxes on withdrawals. Contributions are after-tax dollars up to the individual maximum for the named beneficiary.
Session Objectives: As a result of this session, participants will:
Understand what a 529 plan is and the benefits if the program
Define who is an approved beneficiary, who is the account owner, and who can contribute to the account
Understand the different investment options
Understand how to set up Learning Quest through payroll deduct to benefit you or your family