Does LWG Offer a College Savings (529) Plan?
Quick Answer LWG does not sponsor or manage a specific 529 plan, but team members may choose a plan that best fits their needs and set up payroll deposits independently. What This Means * You may choose any 529 provider or plan. * You control plan selection, investment options, and risk level. * LWG’s role is…
How Do I Set Up a 529 College Savings Account?
Quick Answer You can open a 529 college savings account directly with the provider of your choice. Getting Started * Research and select a 529 plan that fits your goals. * Consider factors such as fees, investment options, and risk tolerance. * Complete the account setup directly with the provider. Helpful …
How Do I Fund My 529 Account Through Payroll?
Quick Answer You can fund your 529 college savings account by updating your direct deposit settings in Dayforce to send post-tax dollars from your paycheck directly to your chosen 529 account each pay period. How Payroll Contributions to a 529 Plan Work * Contributions are made using post-tax dollars. * You de…
What Is a 529 College Savings Plan?
Quick Answer A 529 college savings plan is a tax-advantaged investment account designed to help families save for future education expenses. Key Features * Funds can be used for qualified education expenses. * Contributions are made with post-tax dollars. * Investment growth may be tax-free when used for elig…
