Families are Encouraged to Begin Saving for Education Early
Good news about PA 529 Guaranteed Savings Plan
Harrisburg, PA - The Pennsylvania Higher Education Assistance Agency (PHEAA) and the Pennsylvania Treasury Department together are encouraging families to consider saving with the PA 529 Guaranteed Savings Plan (GSP). This is a smart way to save early for future education expenses and receive tax advantages, including a PA state income tax deductions for contributions. Your savings can be used toward postsecondary tuition, room and board, books, and more at many colleges, universities, career, vocational, and technical schools, and certain apprenticeship programs.