The no-cost benefit: Helping employees save for college.

What if you could offer an employee benefit with a high perceived value at no cost to you?

With payroll direct deposit, your employees can invest in their children's IDeal accounts automatically. They simply sign up for payroll direct deposit online, and with one form, you can begin to process their contributions. The minimum contribution is $15 per paycheck per account. Since the service works through the popular Automated Clearing House (ACH) system, chances are, your payroll/benefits department already has the necessary procedures in place.

This no-cost benefit can help employees feel good about their child’s future, as well as their current employer. Learn how saving with IDeal through work helped an Idaho employee get his grandchildren on the path to higher education.


Download 529 materials for your employees now.

These free resources will help explain the benefits of college saving and the unique features of IDeal - Idaho's College Savings Program:

Want to hear more about 529 payroll direct deposit?

Nick Thiros, IDeal's local Field Representative can assist you before - and after - you put a payroll direct deposit program in place. He can also answer questions from your employees about the importance of saving for higher education.

Depending on your needs, Nick can help you develop a strategy to effectively communicate this exciting new benefit to your HR/Payroll department and/or to your employees:

  • Discussing the realities of paying for higher education and the benefits of a 529 plan
  • Assisting HR/Payroll departments with initiating payroll direct deposit. View the Payroll Direct Deposit Procedures for Employers here.
  • Leading workshops for employees on the importance of saving for college and the benefits of IDeal
  • Staffing benefits fairs
  • Providing educational materials for employees

Contact your local Field Representative, Nick Thiros at 208-488-9879, or via email at

Ascensus Broker Dealer Services is the distributor of IDeal - Idaho College Savings Program. Learn more about Ascensus Broker Dealer Services, LLC on FINRA's BrokerCheck.

Important Legal Information

By clicking on one of the social media icons, you are leaving the IDeal website, maintained by Ascensus, and are being redirected to a social media site solely maintained by the Idaho College Savings Program Board (“Board”). Ascensus Broker Dealer Services, LLC, the program manager for IDeal, does not monitor or endorse the Board's social media activities. All IDeal social media activities are the sole responsibility of the Board.

Mr. Thiros is a registered representative of Ascensus Broker Dealer Services LLC, 877-529-2980, 95 Wells Ave, Newton MA (member FINRA/SIPC) and is not employed by the State of Idaho.

For more information about IDeal - Idaho College Savings Program ("IDeal"), call 866-433-2533  click here to obtain a Disclosure Statement. The Disclosure Statement discusses investment objectives, risks, charges, expenses, and other important information. Because investing in IDeal is an important decision for you and your family, you should read and consider the Disclosure Statement carefully before investing.

Please Note: Before you invest, consider whether your or the beneficiary’s home state offers any state tax or other state benefits such as financial aid, scholarship funds, and protection from creditors that are only available for investments in that state’s qualified tuition program. You should also consult your financial, tax, or other advisor to learn more about how state-based benefits (or any limitations) would apply to your specific circumstances. You also may wish to contact directly your home state’s 529 college savings plan(s), or any other 529 plan, to learn more about those plans’ features, benefits, and limitations. Keep in mind that state-based benefits should be one of many appropriately weighted factors to be considered when making an investment decision.

IDeal is administered by the Idaho College Savings Program Board ("Board"). ABD, the program manager, and its affiliates, have overall responsibility for the day-to-day operations, including investment advisory, recordkeeping and administrative services, and marketing. The Vanguard Group, Inc. ("Vanguard") serves as Investment Manager for IDeal. Sallie Mae Bank serves as the Savings Portfolio Manager for IDeal. IDeal's Portfolios invest in either: (i) mutual funds and a separate account offered or managed by Vanguard; or (ii) an FDIC-insured omnibus savings account held in trust by the Board at Sallie Mae Bank. Except for the Savings Portfolio, investments in IDeal are not insured by the FDIC. Units of the Portfolios are municipal securities and the value of units will vary with market conditions.

Investment returns will vary depending upon the performance of the Portfolios you choose. Except to the extent of FDIC insurance available for the Savings Portfolio, you could lose all or a portion of your money by investing in IDeal, depending on market conditions. Account Owners assume all investment risks as well as responsibility for any federal and state tax consequences.

Not FDIC-Insured (except for the Savings Portfolio). No Bank, State or Federal Guarantee. May lose value.