HARRISBURG- Pennsylvanians looking to save for their child’s future education expenses will see a reduction in operational fees for the PA 529 College and Career Savings Program Investment Plan (IP).
The reduction will save PA 529 IP account owners an estimated $579,000 over the next year.
The PA 529 IP offers a variety of portfolios for families to choose from, including target enrollment date options that automatically reallocate assets as a child approaches their anticipated date of enrollment.
PA 529 accounts are designed to help Pennsylvania families steadily and strategically save for future educational expenses – including costs associated with universities, community colleges, trade schools, apprenticeships and K-12 education – all with significant state and federal tax advantages.
For more information about saving for education with PA 529, visit pa529.com or call 800-440-4000.
