Future Scholar Employee Benefits Program
Attract and keep employees with enhanced benefits
Employees today are looking for more than a paycheck. They want help with real-life concerns, including financial wellness. Companies have to go beyond traditional compensation and benefits.
Learn how the Future Scholar Employee Benefits Program provides a no-cost feature that can help attract and retain employees.
Simple to add and manage
The Future Scholar Employee Benefits Program is easy for companies and employees alike:
- If your payroll system can accommodate more than one bank account for direct deposit, you’re already set up to offer Future Scholar as a direct payroll contribution.
- No government reporting is required. Contributions are completed after income taxes are deducted.
- Employees can manage accounts online, anytime.
No cost to you, invaluable to your employees
Employees today want more than a paycheck. A customizable benefits package gives employers a competitive edge in attracting and retaining employees:
- A MetLife study showed that 53% of employees name “financial planning programs” as drivers that increase loyalty to their employer.
- 76% of Millennials, currently the largest segment of the workforce, say that benefit choices increase their engagement and loyalty.
- Employees can use Future Scholar to reduce their own student loan
- Employees can deduct 100% of their contributions on their South Carolina state income tax returns. Account earnings grow tax-free, and withdrawals are free from state and federal income taxes when used for qualified education
We can help!
Here's how you can help employees understand the benefits of Future Scholar:
- Make us a part of your next benefits fair
- Schedule a free lunch-and-learn or webinar
- Provide Future Scholar materials to your employees
To learn more or to schedule a presentation, contact us!
Give employees the chance to fulfill educational goals with less debt.
"By adding Future Scholar to your employee benefits package, your business becomes more attractive to potential employees and shows your existing employees that you appreciate their hard work.
Most importantly, offering Future Scholar demonstrates that you value their families’ financial health and educational goals.”
– State Treasurer Curtis Loftis, administrator of Future Scholar
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888.244.5674
Monday - Friday
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Future Scholar 529 Plan
PO Box 219812
Kansas City, MO 64121-9812
© 2025 South Carolina Office of State Treasurer
Important Disclosures | Privacy and Security | Terms and Conditions
Investing involves risk including the risk of loss of principal. Please consider the investment objectives, risks, charges and expenses carefully before investing. Contact your financial advisor or visit futurescholar.com for a Direct Plan Program Description, which contains this and other important information about the Future Scholar 529 College Savings Plan. Read it carefully before investing. You should also consider, before investing, whether the investor's or designated 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 such state's qualified tuition program.
Tax treatment varies by state. The tax information set forth on this website is general in nature and does not constitute tax advice on the part of Columbia Management Investment Distributors, Inc., its affiliates or the South Carolina Office of State Treasurer. Please contact your tax advisor before making any tax related decisions.
The Direct Plan is sold directly by the Program and is limited to a specific group of investors, as described in the Program Description . You may also participate in the Advisor Plan, which is sold exclusively through financial advisors. The Advisor Plan offers additional investment choices, but the fees and expenses are higher. Please contact your financial advisor for additional information on the Advisor Plan.
The Office of State Treasurer of South Carolina (the State Treasurer) administers the Program and has selected Columbia Management Investment Advisers, LLC and Columbia Management Investment Distributors, Inc. (Columbia Management) as Program Manager. Columbia Management and its affiliates are responsible for providing certain administrative, recordkeeping and investment services, and for the marketing of the Program. Columbia Management is not affiliated with the State Treasurer.