USC Retirement Administration now offers a free concierge advice service to assist faculty and staff in opening and making contributions to a ScholarShare 529 plan, a flexible and tax-advantaged savings plan for a child’s education.
The ScholarShare 529 plan enables employees to save and invest in their own or any child’s future school, college, or university costs, including room and board, fees, and other expenses. For children of faculty and staff who attend USC and utilize their Tuition Assistance Benefits, a 529 plan can further the financial support by covering these additional expenses.
Deposits to the education savings account are made by direct deposits from your paycheck in Workday.
The concierge advice service is administered by TIAA, whose representatives will advise and assist faculty and staff. Go to the 529 plan guidance page on the Employee Gateway to schedule a virtual or in-person appointment, in English or Spanish.