Employees who want to save for education and who join IDeal, the Idaho College Savings Program by Sept. 30 may have $25 added to their account if they are among the first 100 persons to establish qualifying accounts. Recurring contributions to the plan can be set up through a checking or savings account, or through payroll deduction. New accounts can be opened online.
An IDeal account can earn an Idaho tax deduction and withdrawals are tax-free for qualifying expenses. The IDeal website lists the top ten reasons to start saving for education and webinars are available to answer questions. Additional questions can be sent to the human resources benefits team at firstname.lastname@example.org.