Many employers will generously match employee contributions to their children’s college savings accounts: please check with your employer to see if they have a corporate matching gift program!
How does a matching gift program work?
Although programs may vary from company to company, the overall process is usually very simple:
Check With Your Company
Confirm that it has a matching gifts program. Matching gifts must be employee initiated.
Complete And Send Form
Obtain the appropriate form from your employer. Complete the form and send it to the appropriate person at your company.
Log Onto Your College Savings Account
Click to “Contributions” and put in a one-time amount (so our accounting team knows to expect and deposit the funds into your account). Or, for recurring contributions, it is easiest if your company’s representative uses either your accounts “share” link or the general “gift” link here on CollegeTrust.com.
Your Company Matches Contribution
Your company will send the matching contribution to your college savings trust!
If your employer has a corporate matching gift program, your child's college savings trust could potentially double in value at no extra cost to you!
Our Corporate Matching Gift Program Contact Information:
Note: Prime Trust does not have any specific requirements for employers. All matching gift program guidelines are determined by each company for their employees. Please talk to your employer about their specific matching gift guidelines.
College Savings Trust is a service of Prime Trust LLC.
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Notice: When opening a college savings trust, and prior to your placing any assets in it, we ask you to sign the trust agreement and acknowledge and agree to the trust investment policy and risk disclosures. Prime Trust does not provide legal or tax advice, nor do we recommend that any particular person open a trust. Uninvested cash in your trust is FDIC insured. Invested cash (”investments”) in your trust is not FDIC insured, and as such your trust may gain or lose value from the investments it makes. We encourage you to speak with your legal and tax advisers prior to opening a college savings trust. Click here for more information on Prime Trust's services.