College Savings Program

College Savings Program Overview

ARAG recognizes the importance of a college education, and as such, encourages team members to participate in a formal college savings plan through the reimbursement of team member contributions. All full-time team members are eligible to participate in this program immediately upon employment.

Annually, ARAG will reimburse 50% of a team member’s contribution to each dependent child’s qualified account up to $500 per eligible child. For the initial year of participation, or for each additional child for which a saving plan is initiated, an additional $100 will be reimbursed. Eligible dependents is defined as a team member’s natural or legally adopted child, stepchild, or foster child that receives principal support from the team member.

For additional information regarding this benefit, please click here to review the policy or contact the Culture & People Department.