Small businesses looking for more ways to help employees can consider allowing them to make their own contributions to 529 savings plans for their children and grandchildren. The cost to businesses: only slight administrative costs. Check for companies, such as Path2College, for help with this fringe benefit.
Listen to my radio interviews with small business & entrepreneurship experts; find all interviews on Build Your Business Radio’s page where archived shows are available 24/7 for your listening convenience. You’ll find my recent interview with Chris Hurn, author of The Entrepreneur’s Secret to Creating Wealth, and Chad Moutray, Chief Economist for the National Association of Manufacturers.