Savings Plan Options

Saving is important. Explore ways to help you save and reach your life goals!

College Savings/ 529 program

Employees may participate in a voluntary Section 529 savings program designed to help employees save for the cost of higher education. The university participates in the state of Missouri Section 529 Plan, which is called MOST (Missouri Saving for Tuition). The MOST program allows employees to set aside money for qualified higher education expenses such as tuition, fees and the cost of books, supplies and equipment, and with some limitations, the cost of room and board.

Eligible educational institutions are accredited, postsecondary educational institutions offering credit towards a bachelor’s degree, an associate’s degree, a graduate level or professional degree or another recognized postsecondary credential, including certain proprietary institutions and postsecondary vocational schools and certain institutions in foreign countries. 

The funds in the MOST account may be used by any person designated by the employee as the beneficiary; there are no restrictions based on age, relationship to the employee, or residency.

How to use this benefit 

Employees may open a MOST account with a minimum investment of $25. Contributions can be made when convenient or on a recurring basis.

More information about the MOST program, including the tax advantages to Missouri residents, can be found on the Missouri MOST website.

Enrollment kits are also available in the office of human resources.

Forms and publications


Educational Community Credit Union

Since 1938, Educational Community Credit Union (ECCU) has been helping members build long-term financial security. The ECCU is founded on the philosophy of "people helping people," and this is what makes ECCU different. ECCU is a member-owned, not for profit, financial institution.

Publications


MOABLE

MOABLE is a program powered by the Achieving Better Life Experience (ABLE) Act.  It is federal legislation that allows families and individuals with disabilities the opportunity to create tax-advantaged accounts that can be used to help maintain health, independence, and quality of life.  To view more on ABLE accounts click here.

This benefit will allow qualified families and individuals with disabilities to save and invest up to $15,000 per year without losing federal government benefits such as Medicaid or SSI. Prior to the ABLE act individuals could only have $2,000 saved before losing needs-based benefits

This benefit will allow qualified families and individuals with disabilities to save and invest up to $15,000 per year without losing federal government benefits such as Medicaid or SSI. Prior to the ABLE act individuals could only have $2,000 saved before losing needs-based benefits. 

Who is eligible?

  • An “eligible individual” is someone whose disability began before the age of 26, has been living with their disability for at least one-year, or expects their disability to last for at least a year.
  • An individual must also do one of the following; be eligible for SSI or SSDI; have a condition listed on the Social Security Administrations List of Compassionate Allowances; or Self-Certify the diagnosis.
  • Visit MOABLE.com/eligibility to take a quick and easy eligibility quiz to learn more.

How do I open an account?

  • Open an account online at MOABLE.com
  • You can open your account with as little as $50.00

Contact information

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