ADP's popular 529 college program is a payroll deduction plan that provide several tax-advantages:

• Income tax deferred growth on investments, and federal income tax free withdrawal for assets used for qualified higher education expenses
• Allowable beneficiaries dont need to be relatives of the account owner
• Assets may be used at most accredited U.S. institutions of higher education

Utilizing ADP's alliances and integrated services for the administration of your 529 program offers organizations several advantages, including:

• Full integration with payroll, for convenient, automated payroll deductions
• Electronic transfer of funds to the 529 plan provider/administrator
• Easy setup and ongoing administration

Additionally, ADP has built strategic alliances with premier management firms, to give employees the most flexible and plentiful investment options. Your employees will be sure that you've given them the most powerful college investment program possible, and you can take credit for ADP's hard work.