News and Events

Press Releases

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