Oklahoma 529 College Savings Plan (OCSP)

A Plan for Everyone:
Employees

When saving for your child’s college is as convenient and automatic as taking your retirement or healthcare deductions, saving is a lot easier.

Attention:

The establishment of new payroll contributions is temporarily discontinued as of March 30, 2020 to prepare for a transition to a new account management system. Please visit ok4saving.org/transition to learn more about the changes and the new direct deposit process.

You’re busy enough. Just getting the kids out the door in the morning is a monumental task. Saving for college shouldn’t be even more work. With the Oklahoma 529 College Savings Plan (OCSP), you can contribute to your child’s college savings account without adding anything else to your ‘to do’ list.

Saving for College Has Never Been So Easy

With OCSP any earnings are tax deferred, so your account can grow faster. Since there’s no federal income tax when you make qualified withdrawals, you may have more to spend on education.

Once you set up the account, your employer can automatically deduct the contribution each pay period. With minimums as low as $15, saving doesn’t have to make a huge dent in your budget. And if you get that big raise, it’s simple to increase the deposit amount.

It’s a worry-free, simple, all-in-one option way to save big for higher education costs.

Ready to Open an Account?

Ask your employer if they support automatic payroll deduction for OCSP. Already have an account? If your employer supports OCSP, just download the direct deposit form to get set up automatic payroll deduction today.

New payroll direct deposit contributions are temporarily unavailable as we prepare to launch a new direct deposit process. Click here to learn more.

Available Resources
NAME OF RESOURCE GET IT
K-12 Tuition Flyer
529 Enrollment Booklet
Open an Account
K-12 Tuition Flyer
529 Enrollment Booklet
Open an Account

 

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