Treasurer McCord Reminds Families 529 Plans Offer Great Tax Benefits, Create Lasting Legacy

Encourages Pennsylvanians to consider support for college savings accounts during National Estate Planning Awareness WeekHarrisburg – As a record number of households struggle with student loans, State Treasurer Rob McCord said many grandparents are playing a more active role in helping their grandchildren afford college, and he added 529 plans offer great tax advantages and estate planning benefits.   “The average debt load of a Pennsylvania graduate in the Class of 2011 is now $29,959, which is about 4.75% higher than last year,” Treasurer McCord said.  “It is a challenge for many