Who can access my account?
Information regarding your account is confidential and will not be released, even to your spouse, beneficiary or successor. If you wish, you may allow individuals such as your spouse or financial advisor to be an authorized agent, giving them one of four levels of access:
- Level 1: Access information and account statements only
- Level 2: Level 1 plus permission to make electronic contributions, change Tuition Levels (for the GSP), and move money among investment options (for the IP)
- Level 3: Level 2 plus permission to authorize withdrawals (qualified and non-qualified)
- Level 4: Full control including changing the account owner or beneficiary
For questions, or to designate a Level 1 authorized agent, call Customer Service at 1-800-440-4000. For Level 2 or 3, you must complete the Limited Power of Attorney/Agent Authorization form (GSP | IP). Level 4 requires a Power of Attorney form (GSP | IP). Forms for Levels 2-4 must be notarized. Permissions may be changed or revoked at any time in writing for Levels 2-4, or over the phone for Level 1.
- What are qualified education expenses?
- Do I have to use my savings at a Pennsylvania college or university?
- What are eligible educational institutions?
- Can I access my account for purposes other than paying for higher education (non-qualified withdrawals)?
- What happens if my child does not attend college?
- Who can access my account?
- When I send mail regarding my account, it goes to Massachusetts, not Pennsylvania. Wouldn't it be more direct to send it in-state?