Open your Edvest account at Edvest.com.
Follow the step-by-step instructions for completing the sections for account owner information, beneficiary information, and investment section. On the Funding Method page, select Payroll Direct Deposit and the amount you would like to contribute to your account from your paycheck each pay period.
Once you submit this information, you must print out the Payroll Form.
This form will be pre-filled with your name, your unique account number, the total payroll direct deposit amount, and the routing (ABA) number for the Plan’s bank. If you are funding more than one account by payroll direct deposit, the amount per pay period should be the sum of ALL your payroll contributions to your Edvest accounts.
If your employer does not offer a self-service portal, submit the Payroll Direct Deposit Form to your company’s human resources, benefits, or payroll department. If your employer uses a self-service portal, use the Payroll Direct Deposit Form to fill in the information on your own, just like you would to direct deposit your paycheck into a checking or savings account.
- Your employer will update the payroll direct deposit amount in the payroll system and will automatically send your contributions to Edvest.
- If your employer does not offer a self-service portal, be sure to inform your employer of any changes you wish to make to your direct deposit contributions.