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Treasurer Stacy Garrity Highlights New PA 529 App


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


Pennsylvania Treasurer Stacy 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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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.

On December 20, 2019, the Setting Every Community Up for Retirement (SECURE) Act (H.R. 1994) was signed by the President and included provisions to expand the definition of qualified 529 expenses.

Account owners may use 529 savings to pay for certain expenses for a registered and certified apprenticeship program. More information about apprenticeship programs may be found at

Account owners may also use 529 savings for repayment of principle and interest of qualified education loans for a 529 beneficiary or sibling up to a lifetime limit of $10,000.

These new rules took effect for distributions made after December 31, 2018, and the PA 529 College and Career Savings Program has updated its website to reflect these changes.

Please read the PA 529 plan disclosure statements for additional information.

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Phone: 800-440-4000


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