What is the Pennsylvania 529 Guaranteed Savings Plan (GSP)?

It is a tax-advantaged and lower-risk 529 plan intended to help individuals or families save for college. It is a program established by the Commonwealth of Pennsylvania and administered by the Treasury Department. Growth on contributions to a PA 529 GSP account is based on tuition inflation at a tuition level you choose.

With the PA 529 GSP, if you save enough to pay for a semester of college at one tuition level today, you are guaranteed to have enough to pay for a semester of college at the same tuition level tomorrow. (Some restrictions apply; see the PA 529 GSP Disclosure Statement for details.)

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The Pennsylvania 529 College Savings Program sponsors two plans-the Guaranteed Savings Plan (GSP) and the Investment Plan (IP). The guarantee of the PA 529 Guaranteed Savings Plan is an obligation of the GSP Fund, not the Commonwealth of Pennsylvania or any state agency. Before investing in either plan, please carefully read that plan's disclosure to learn more about that plan including investment objectives, risks, fees, and tax implications.