On December 22, 2017, the president signed new tax legislation into law. While we're working on updating our website to reflect the new U.S. tax laws, the website may not address these changes.
The legislation includes several new provisions related specifically to 529 plan accounts, beginning with the 2018 tax year:
Please check back as we update our website to reflect these changes. For additional guidance on these new provisions, account owners should consult the Pennsylvania Department of Revenue at www.revenue.pa.gov or by calling 717-787-8201 or consult a qualified tax advisor about your personal situation.