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Payroll Direct Deposit
Available Direct Deposit Option
Assist employees in saving for their loved one's future higher education tuition expenses through MET's easy direct deposit option.
Employees with an existing MET may be able to contribute as little as $15 per pay period.
Don't have a MET? Set-up your payroll direct deposit during enrollment.
A hands-off way to help them save!
How it Works
Step 1: Employee opens a MET prepaid tuition savings program.
Step 2: They submit a payroll deduction form (2614) to MET. Once processed, MET will send them a confirmation letter with direct deposit account details.
Step 3: HR or the employee enters MET's account information as the new direct deposit account on the company's payroll site.
Step 4: Recognize your commitment to financially empower your employees and advocate a positive influence on their loved one's future.
Employee payroll direct deposit can be started, stopped or changed at any time by submitting the MET payroll deduction form.
Payroll contributions are made with after-tax dollars.
Want to learn how you can offer 529 College Savings to your employees?
Schedule a free, virtual appointment with one of our Employer Outreach Specialists.