KEYSTONE CONNECTIONS
Keystone Connections continues to be your trusted source for updates on Keystone Scholars activities, progress, and the broader children’s savings account community. We are committed to providing valuable insights and resources to help you amplify our shared impact.
July 2026Summer is a season of growth, planning, and possibility. As families prepare for a new school year and think about their children's futures, your partnership helps ensure they learn about Keystone Scholars and the power of starting to save early. Together, we're building stronger financial futures for Pennsylvania’s children and creating new opportunities for communities to invest in the next generation. Keystone Scholars by the NumbersPennsylvania families are building brighter futures.
Data as of 6/30/26 Community Scholarship PartnershipsCommunity Scholarship Partnerships are creating new opportunities for organizations to make a lasting impact on children's futures. As highlighted by Adagio Health's targeted deposits and the community scholarship model used by NYC Kids RISE mentioned below, local investments can help families build education savings while sending a powerful message that their community believes in every child's potential. Treasury is working with organizations across Pennsylvania to develop similar partnerships that expand access to education savings and encourage families to plan for the future. If your organization is interested in exploring a community scholarship opportunity, please contact Karen McDermott, Manager of Children’s Savings Accounts, at kmcdermott@patreasury.gov. Partner Spotlight
Adagio Health Helps Children Reach More Than $425 in Education SavingsThanks to our partnership with Adagio Health, a WIC agency serving five counties in southwestern Pennsylvania, Treasury continues to administer targeted deposits to children born in 2021 to mothers participating in WIC. The WIC-Keystone Scholars Milestone Program, supported by the Henry L. Hillman Foundation, provides additional deposits to eligible children who remain enrolled in WIC until their fifth birthday. Because families remained engaged with WIC, 135 children have now accumulated more than $425 in their Keystone Scholars accounts, demonstrating how community partnerships and continued participation can significantly increase education savings. CSAs in the NewsNational Momentum for Children's Savings Accounts Continues to Grow
New York City’s newly released budget includes a major investment in children’s savings, providing $1,000 college savings accounts for every public-school kindergartner. This expansion of NYC Kids RISE, which currently provides a $100 contribution, positions it as the largest universal children’s savings account program in the nation. Students will be automatically enrolled unless families opt out, with funds deposited into 529 college savings accounts. Families, local organizations, and businesses can contribute additional support through community scholarships. These community scholarships are a key part of NYC's model, similar to the partnerships Treasury is building throughout Pennsylvania. Read more here. Understanding the New Federal Trump AccountsTrump Accounts, also known as 530A accounts, have launched! These accounts are a new type of tax-deferred investment account that can be opened at birth in which individuals, along with their employers, can contribute a maximum of $5,000 per year. Families with children under 18 can open and save with a Trump Account as of July 4, 2026. For children born between 2025 and 2028, a $1,000 deposit from the federal government is available. Other children may be eligible for contributions from other sources, such as $250 offered by the Michael & Susan Dell Foundation. Understanding the differences between and benefits of Trump Accounts, PA 529 and Keystone Scholars can help families make informed decisions about planning for the future. To compare Trump Accounts, PA 529 and Keystone Scholars, visit pa529.com. Our Outreach Team is Here to HelpTreasury has outreach staff throughout the Commonwealth to support you at community fairs, educational events, civic meetings and more. To schedule a visit with our outreach team or request event materials, please contact Karen McDermott, Manager of Children's Savings Accounts, at kmcdermott@patreasury.gov. |
Keystone Scholars Partner Resources
Our website has partner resources and supplies, such as print, video, PowerPoint slides and e-resources, or you can contact us for in-person and virtual presentations. Let us help the kids in your community start their savings journey!
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