Education
What to Know
At Exelixis, we’re all about helping you pursue your dreams—and supporting you in helping your children follow theirs. We offer several programs that can make it a lot simpler and more affordable for you and your children to further your educations.
529 College Savings Plan
The 529 College Savings Plan allows you to save for your beneficiary’s college education with after-tax payroll deductions. Money that you put aside in the 529 plan grows over time on a tax-deferred basis. When it’s time to use the money for your beneficary’s college, you can spend it on eligible expenses: tuition, room and board, textbooks, and more.
What is a 529 investment plan for?
- Saving for a student’s college education
- Paying your graduate school expenses
- Pursuing an interest through CE courses
- Growing higher education savings tax-free
What college expenses does it cover?
- Tuition
- Room and board
- Fees
- Books, supplies and required equipment
- Computer equipment and technology
What are the key benefits?
- Grow and withdraw assets free of federal taxes
- Additional state tax benefits, where applicable
- Flexibility to transfer to another eligible relative
- No income limitations for making contributions
Email Anne Seto to initiate the application process. Once you’re fully processed, Exelixis will begin to take deductions out of your paycheck.
Tuition Reimbursement
How to Participate in the Tuition Reimbursement Program
The Tuition Reimbursement Program is accessed through Okta. If you want to participate in this program, review the Exelixis Tuition Reimbursement Program and Policy. If you believe you are eligible, access the Tuition Preapproval Form on the Learning@Exelixis App via Okta and follow the instructions.
529 College Savings Plan
Morgan Stanley (for investment guidance)
Anne Seto
925-253-5340
anne.seto@morganstanley.com
BlackRock College Advantage 529 Plan
866-529-8582
Company code: 19006
blackrock.com/collegeadvantage