Two Birds, One Stone (Expand Your Benefit Plan & Pay For College)
The College Tuition Benefit®, CTB, makes it possible for employers with 50+ employees to provided each employee’s child, grandchild, niece or nephew with a guaranteed college scholarship at over one third of the nations private colleges, and the list of colleges is growing. All Scholarships come from those colleges. When offered alongside voluntary benefit plans from InsurancePickle.com, there is no cost to the employer or employee. There are three CTB plan designs including one that provides annual tuition rewards equal to 5% of the employee’s 401k plan balance. CTB provides an employer an unrivaled employee recruitment and retention tool, while increasing 401k plan savings an average of 13%.
Contact our office or follow this link to see if your company is eligible. http://www.insurancepickle.com/group-benefits/college-tuition-benefit.shtml