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For Immediate Release

November 21, 2016

PA Residents: Forget the Tie, Ugly Sweater or Socks and Give the Gift of Education this Holiday Season!

The PA Treasury offers the gift that keeps on giving!

Harrisburg, PA - As the holiday shopping season officially gets underway this Black Friday, shoppers seeking the perfect gift should consider the PA Treasury Department’s tax-advantaged 529 College Savings Program. Pennsylvania residents can save $50 off enrollment fees and enter to win a $529 college savings account!

PA Treasury’s 529 College Savings Program is an easy way to fund higher education with an initial contribution as low as $15 or $25 depending on plan selection and the flexibility to use the savings at most schools nationwide. In addition, the program offers generous tax benefits.

“Anyone can contribute to an account -- family, friends, neighbors -- and receive the same great tax benefits as the account owner, making 529 contributions great for the gift giver, too. If you need a gift for someone on your list, either open a new account or contribute to an existing one. It’s a good investment and a perfect gift.”

Pennsylvania Treasurer, Timothy Reese