News and Events

Press Releases

Treasurer Stacy Garrity Announces $100 Deposits, Waived Fees for PA 529 GSP Account Owners

06/27/2022

Harrisburg, PA - Treasurer Stacy Garrity today announced that qualifying PA 529 Guaranteed Savings Plan (GSP) account owners will receive a $100 account deposit. In addition, all PA 529 GSP account owners’ asset-based fees will be waived for the fiscal year, beginning July 1, 2022. The deposit and fee waivers are being funded by PA 529 GSP surplus earnings.

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Treasurer Garrity and Senator Yaw Visit Penn College to Promote PA 529 Savings Program

06/02/2022

Williamsport, PA - Treasurer Stacy Garrity joined Senator Gene Yaw (R-23) on a tour of Pennsylvania College of Technology, led by Penn College President Dr. Davie Jane Gilmour, to promote the PA 529 College and Career Savings Program.

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Treasurer Stacy Garrity Encourages Families to Save During PA 529 Day Promotion

05/26/2022

Harrisburg, PA - Treasurer Stacy Garrity today urged families to take advantage of the last few days of the Pennsylvania Treasury Department’s ‘PA 529 Day’ Promotion. More than $40,000 in awards are up for grabs for new PA 529 Guaranteed Savings Plan (GSP) accounts opened in May.

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Treasurer Stacy Garrity Celebrates College and Career Savings Day Celebration

05/24/2022

Harrisburg, PA - Treasurer Stacy Garrity today announced College and Career Savings Day will be celebrated on May 29. Yesterday, Senator Scott Martin (R-13), chairman of the Senate Education Committee, discussed his Senate Resolution 282 on the Senate floor, officially marking the occasion. May 29, or ‘529 Day,’ is noted nationwide as a day to celebrate and promote the savings opportunities that 529 accounts, like the PA 529 College and Career Savings Program, offer to families.

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Treasurer Stacy Garrity Announces PA 529 Day Promotion

05/10/2022

Harrisburg, PA - Treasurer Stacy Garrity today announced that the Pennsylvania Treasury Department is celebrating 529 Day throughout the month of May with a promotion that could put more than $40,000 into new PA 529 College and Career Savings Program accounts to boost education savings.

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Treasurer Stacy Garrity Visits Warren County Career Center to Promote PA 529 Savings Plans

04/22/2022

Warren, PA - Treasurer Stacy Garrity, Sen. Scott Hutchinson (R-21) and Rep. Kathy Rapp (R-65) today visited the Warren County Career Center to promote the PA 529 College and Career Savings Program. The tour, led by Warren County School District Superintendent Amy Stewart, included a look at the culinary, health/medical, protective services, welding, and machine technology programs.

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Treasurer Garrity Announces New Director of Outreach and Marketing for Consumer Programs

04/18/2022

Harrisburg, PA - Treasurer Stacy Garrity today announced the addition of Barbara Holbert to her staff to assume the new role of Director of Outreach and Marketing for Consumer Programs.

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Celebrating the 5th Anniversary of the PA ABLE Savings Program

04/11/2022

Harrisburg, PA - Treasurer Stacy Garrity today joined Senator Lisa Baker (R-20), Sherri Landis of The Arc of Pennsylvania, Susan Tachau of the Pennsylvania Assistive Technology Foundation, and other disability advocates to celebrate the 5th anniversary of the PA ABLE (Achieving a Better Life Experience) Savings Program.

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Treasurer Garrity Visits Susquehanna Service Dogs to Celebrate 5th Anniversary of PA ABLE

04/1/2022

Grantville, PA - Treasurer Stacy Garrity and state Sen. Chris Gebhard (R-48) visited the new Susquehanna Service Dogs (SSD) training facility in Grantville today to highlight the 5th anniversary of the PA ABLE Savings Program. They were joined by a representative from the office of state Rep. Sue Helm (R-104).

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Treasurer Garrity Announces Fee Reduction for PA ABLE Account Owners

01/27/2022

Harrisburg, PA - Pennsylvania Treasurer Stacy Garrity today announced new, lower fees for PA ABLE account owners. The fee reduction of two basis points was triggered after the National ABLE Alliance surpassed the $250 million asset milestone.

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Treasurer Garrity Visits Lackawanna College School of Petroleum and Natural Gas

01/21/2022

Tunkhannock, PA - Treasurer Stacy Garrity today toured Lackawanna College School of Petroleum and Natural Gas, then took part in a roundtable discussion about education opportunities and economics in the region. Representatives of Lackawanna College, the Susquehanna County Career & Technology Center, Northern Tier Industrial Education Center, Commonwealth Charitable Management, the Wyoming County Chamber of Commerce, the Wyoming County Community Alliance, and Coterra took part in the roundtable discussions.

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Treasurer Garrity Announces Increased Contribution Limit for PA ABLE Accounts

01/13/2022

Harrisburg, PA - Treasurer Stacy Garrity today announced that the annual contribution limit for PA ABLE has increased to $16,000, the first increase since 2018. The change comes as a result of changes in the IRS regulations, responding to inflation. The previous limit was $15,000.

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Treasurer Garrity Visits Delaware County Community College to Promote PA 529 Education Savings Accounts

12/3/2021

Media, PA - Treasurer Stacy Garrity toured Delaware County Community College’s Marple Campus today, along with Senator Timothy Kearney, to promote the PA 529 College and Career Savings Program. The tour was led by College President Dr. L. Joy Gates Black. Genny Cavanagh, the college’s Interim Dean of Allied Health and Nursing, also participated in the tour.

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Treasurer Garrity Visits Grove City College to Promote PA 529 College & Career Savings Program

12/1/2021

Grove City, PA - Treasurer Stacy Garrity today toured the campus of Grove City College to promote the PA 529 College and Career Savings Program. The tour of the 180-acre campus was led by College President Paul J. McNulty and included the Hopeman School of Science, Engineering, and Mathematics. Treasurer Garrity and President McNulty were joined on the tour by a representative from the office of Senator Michele Brooks.

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Treasurer Garrity Visits Allegheny College to Promote PA 529 College & Career Savings Program

12/1/2021

Meadville, PA - Treasurer Stacy Garrity toured Allegheny College today, along with Representative Brad Roae, to promote the PA 529 College and Career Savings Program. The tour was led by Allegheny College Chief of Staff Kevin Kovalycsik. They were joined by Allegheny College Executive Director for Economic, Civic and Community Engagement, Andy Walker.

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Treasurer Garrity Announces PA 529 College and Career Savings Program Surpasses $7 Billion in Assets

11/19/2021

Harrisburg, PA - Treasurer Stacy Garrity announced today the PA 529 College and Career Savings Program has reached a new milestone with more than $7 billion in assets. PA 529 accounts help families save for a child’s education expenses while providing generous tax benefits.

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Treasurer Garrity Visits Lock Haven University to Promote PA 529 Education Savings Accounts

11/12/2021

Lock Haven, PA - Treasurer Stacy Garrity toured Lock Haven University today, along with Senator Cris Dush and Representative Stephanie Borowicz to promote the PA 529 College and Career Savings Program. The tour was led by Lock Haven University Interim President Dr. Bashar Hanna.

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Treasurer Garrity Visits Penn Highlands DuBois to Promote Keystone Scholars Program

11/12/2021

DuBois, PA - Treasurer Stacy Garrity today toured the campus of Penn Highlands DuBois, including the hospital’s maternity unit, to promote the Keystone Scholars program, which kickstarts every Pennsylvania baby’s education savings with $100.

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Treasurer Garrity Visits Adagio Health to Promote Partnership and Keystone Scholars Program

11/12/2021

Kittanning, PA - Treasurer Stacy Garrity today toured the Adagio Health Armstrong WIC Center to promote Treasury’s Keystone Scholars Program, which kickstarts every baby’s education savings with $100.

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Treasurer Garrity Visits Juniata College to Promote PA 529 College & Career Savings Program

11/09/2021

Huntingdon, PA - Treasurer Stacy Garrity today visited the campus of Juniata College in Huntingdon to promote the PA 529 College and Career Savings Program. She spoke to students in an intermediate micro economics class taught by Wei-Chung Wang, Professor of Economics & Business Administration. Wang, who also serves as Juniata College’s Associate Provost for Academic Initiatives, then led Treasurer Garrity on a tour of the campus.

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Treasurer Garrity Announces Morningstar Silver Rating for PA 529 Investment Plan

10/27/2021

Harrisburg, PA - Treasurer Stacy Garrity announced today that the PA 529 College and Career Savings Program Investment Plan (IP) has received a Morningstar Silver Rating for the second consecutive year. The honor comes as part of Morningstar’s review of the Top 529 Education Savings Plans of 2021, and designates the PA 529 IP as a best-in-class plan nationwide.

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Treasurer Garrity Eliminates Minimum Deposit to Open a PA 529 Account

10/13/2021

Pennsylvania Treasurer Garrity Eliminates Minimum Deposit to Open a PA 529 Account ..

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Treasurer Garrity Visits Luzerne County Community College to Promote PA 529 Accounts and College Savings Month

09/07/21

Pennsylvania Treasurer Garrity today joined Senator John Yudichak, Representative Eddie Day Pashinski, and Luzerne County Community College President Thomas P. Leary at LCCC’s Wilkes-Barre Campus to promote the PA 529 College and Career Savings Program...

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Treasurer Garrity Announces Fee Reduction for PA 529 IP Account Owners

08/19/21

Pennsylvania Treasurer Garrity today announced a fee reduction for PA 529 College and Career Savings Program Investment Plan (IP) ccount owners. This reduction will result in a combined savings of nearly $220,000 across all PA 529 IP accounts this year alone...

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Treasurer Garrity Highlights New PA 529 App

07/27/2021

Pennsylvania Treasurer Garrity today announced that PA 529 College and Career Savings Program Investment Plan (IP) account owners can now access their accounts using the READYSAVE 529 app. The new tool is designed to make saving for a child’s education even easier..

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Treasurer Garrity Encourages Families to Invest Child Tax Credit Funds in PA 529 Accounts

07/21/2021

Pennsylvania Treasurer Garrity is encouraging Pennsylvanians who receive money from the Child Tax Credit, under the American Rescue Plan Act, to consider investing some or all of those funds into their child’s PA 529 College and Career Savings Program accounts.

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Treasurer Stacy Garrity Announces Record Growth for PA 529 College and Career Savings Program

07/13/2021

Pennsylvania Treasurer Stacy Garrity today announced the PA 529 College and Career Savings Program (PA 529) had its best year ever in fiscal year 2020-21, adding 25,004 new accounts while bringing in more than $732 million in total contributions. These numbers are the largest in the nearly 30-year history of PA 529.

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On April 23, 2021, the PA 529 Investment Plan (IP) transitioned its Age-Based investment portfolios to Target Enrollment Date investment portfolios. An overview of this transition is available here.

Additional details are available in a supplement to the PA 529 IP Disclosure Statement.

Current and prospective Account Owners should note:

  • This transition will not impact any PA 529 IP accounts opened after April 26, 2021.
  • The target enrollment date portfolios are available in two-year increments. Families may select an asset allocation that most closely matches their beneficiary’s projected enrollment date.
  • In the target enrollment date portfolio, your assets are managed according to the projected enrollment date of your student and provide an even smoother transition away from equity investments (stocks) as the student prepares to start their school or program.
  • Account Owners may invest in up to five (5) total portfolios at once, including target enrollment date portfolios and any of the 14 individual portfolios offered.

Current and prospective Account Owners should consider their investment strategy and overall risk tolerance when considering these investment options and may want to consult a qualified financial professional for additional guidance.

For additional information, please contact us at 800-440-4000 between 8am and 5pm ET.


Connect With Us

Phone: 800-440-4000
Email: PA529@patreasury.gov

 

PA 529 College and Career Savings Program
613 North Drive | Room G-06
Harrisburg, PA 17120