Saving for college? Sign up for Pennsylvania’s 529 Plan!

by Randy Ziegenfuss on August 27, 2017

For families looking to put money aside for higher education, the Pennsylvania Treasury offers the PA 529 Guaranteed Savings Plan (GSP), in which growth is tied to the rate of college tuition inflation.

The GSP is offering free enrollment – a $50 savings – for all new accounts opened before Sept. 30, at PA529.com. Use code “SUMMER2017” when prompted.

How does it work? Contributions to PA 529 plans are deductible from Pennsylvania income taxes, grow tax free, and, when used for qualified educational expenses, are federal and state tax exempt. The plan provides flexibility to pay for higher education expenses at most higher education institutions across the country.

Enter for a chance to win $529 to get started at PA529.com/contest until September 30.

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