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Here are a few things you can do:Make savings tips part of the employee benefits package.Highlight college savings tips on your benefits webpage.Provide information on 529 college savings plans.Provide a fact sheet and a webinar, hosted by an expert from your benefits company.

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Keep your account, since your beneficiary may choose to attend college or an eligible trade or technical school at a later date.Name a new beneficiary for your account. …Take a distribution of all or part of your account assets, but remember that the IRS may treat your refund as a non-qualified distribution, making it subject to applicable taxes …

You can use funds from a 529 account for a wide range of education-related expenses. That includes tuition, fees, books, supplies, and computers. The money can also go toward expenses for room and board, as long as the student is enrolled in school at least half-time.

Best for Low Fees : ScholarShare 529 College Savings PlanNo state residency requirementsSilver analyst rating from MorningstarLow annual asset-based fees ranging from 0.06% to 0.51%Maximum contribution limit of $529,000