PlanScope360™ Partners with Vestwell to Launch Financial Wellness Benefits for Educators
DURHAM, N.C., April 29, 2025 /PRNewswire/ -- In response to financial strain and retention concerns increasing across the education workforce, PlanScope360™, a leading provider of solutions for educational institutions, today announced a strategic partnership with Vestwell, the modern savings platform. Vestwell integrates a holistic suite of savings solutions including, Emergency Savings Accounts, Student Loan Matching, Student Loan Contributions, and 403(b) retirement plans in one seamless solution.
Through this partnership, school districts can now provide educators with a comprehensive financial wellness package—delivered through a single, easy-to-use platform that simplifies administration while enhancing employee benefits. Vestwell is uniquely positioned to seamlessly integrate these savings solutions in one place, offering a more comprehensive approach to workplace financial wellness for educators.
Modern Savings Benefits That Tackle Educators' Biggest Financial Challenges
Recent studies indicate that financial insecurity is a leading cause of educator turnover. By providing targeted financial wellness benefits, school districts can better support their staff, improve retention, and strengthen their recruitment efforts. Educators can now access:
- Emergency Savings Accounts – A dedicated cushion for unexpected expenses, helping staff manage financial shocks without turning to high-interest debt.
- Student Loan Contributions – Contribute directly to educators' student loans, accelerating debt reduction and supporting long-term financial wellness.
- Employer Matching for Student Loan Repayment- Help educators with student loans save for retirement with matching contributions.
- 403(b) Retirement Plans – A modernized approach to long-term savings, providing educators with user-friendly tools to secure their financial future.
By delivering all four benefits on one unified platform, Vestwell eliminates the complexity of managing multiple providers and systems, allowing school districts to offer a more competitive and impactful benefits package with ease. This unmatched solution empowers educators to take control of their financial well-being—both today and in the future.
"Educators face real financial stress—from surprise expenses to long-term student debt," said Al Otto, CEO of PlanScope360™. "By offering emergency savings and student loan matching, we're giving school districts tools that directly support their people—and keep great staff in the classroom."
"We're proud to partner with PlanScope360 to bring meaningful, comprehensive savings tools to the education space," said Aaron Schumm, Founder and CEO of Vestwell. "Our shared vision is rooted in providing a holistic suite of solutions that empowers individuals to actively save and plan across all dimensions of their financial lives. Through our single, proprietary platform, we enable educators to manage debt, prepare for the unexpected, and build toward a secure future—all in one seamless experience. Educators are the backbone of our communities, yet too many face financial stress that can impact both their well-being and career longevity. Together with PlanScope360, we're delivering tailored solutions that support the unique financial journeys of those who dedicate themselves to shaping the next generation."
This partnership underscores both companies' shared mission: delivering scalable financial wellness solutions that address the real-world needs of today's workforce. School districts interested in implementing these programs can contact PlanScope360™ for a personalized review. With Vestwell's modern platform, these benefits can be deployed within the current academic year, providing immediate support to educators.
About PlanScope360™
PlanScope360™ delivers integrated savings and retirement plan solutions specifically designed for school districts. From retirement to financial wellness programs, PlanScope360™ helps districts attract and retain top talent while managing costs with full transparency. Learn more at planscope360.com.
About Vestwell
Vestwell is the backbone of the modern American savings economy. Vestwell is a financial technology company that makes it easier for more Americans to save for life's most important moments - from retirement to education and healthcare. Founded in 2016, Vestwell's platform removes traditional barriers to saving, making it accessible, efficient, and approachable for everyone.
Vestwell provides a comprehensive suite of workplace savings solutions, including retirement plans, student loan repayment benefits, and specialized accounts for education, emergencies, and disability savings.
Trusted by financial advisers, employers, payroll providers, financial institutions, and government agencies, Vestwell empowers nearly 1.5 million savers across over 350,000 businesses nationwide, with over $30 billion in assets under management. With a commitment to closing the savings gap and fostering a secure financial future for all, Vestwell provides an elevated and accessible savings technology everyone deserves.
For more information, visit vestwell.com.
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SOURCE PlanScope360