On June 15th, 2020, Michigan Education Savings Program changed to a new administrative platform:
Any direct deposit contributions established under the old record keeper will be rejected and returned unless direct deposit contributions are re-established. Impacted account owners who contribute through payroll direct deposit should have received a letter containing instructions to update payroll instructions. If you did not receive this letter, please contact us at 1-877-861-6377.
Families understand the lifetime benefits of a higher education. With the rising costs of tuition and other higher education expenses, helping your employees save for this future investment is a wonderful benefit to offer.
How to Get Started
Administering MESP in your workplace is free and easy – get started by learning more below or download the Employer Payroll Guide.
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