529 College Savings Plan
Section: Employee Benefits
Responsible Office: Human Resources
Effective Date: 9/3/2015
Iona University offers full-time employees the opportunity to enroll in a 529 College Savings Program through payroll deduction. New York's 529 College Savings Program Direct Plan provides a flexible, convenient, and low-cost way to save for college. The money from your account can be used to pay for tuition, fees, books, room and board, supplies, and other qualified higher education expenses at any eligible post-secondary school in the United States and abroad. This includes most colleges, universities, graduate schools, and vocational schools. You can save for a child, grandchild, yourself, or anyone. Those interested are encouraged to review the rules and regulations set forth by the IRS.