News Releases - January 2022

Treasurer Garrity Visits Lackawanna College School of Petroleum and Natural Gas

Treasurer emphasizes PA 529 education savings plans, showcases Keystone Saves retirement legislation in tour and roundtable discussion

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.

Treasurer Garrity Announces Increased Contribution Limit for PA ABLE Accounts

Pennsylvanians with disabilities can now save up to $16,000 annually

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.