Treasurer McCord: Kids Grow Up Fast, But Tuition Grows Faster; Keep Pace With PA 529 Guaranteed Savings Plan
Contribute by August 31 to take advantage of lower rates; New accounts save $50Harrisburg – Pennsylvania families concerned with the rising cost of higher education have a tax-smart way to keep pace with tuition increases, according to State Treasurer Rob McCord – the Pennsylvania 529 Guaranteed Savings Plan (GSP). Treasurer McCord today urged parents to open a PA 529 GSP account – or contribute to an existing account – before August 31 to take advantage of last school year’s lower prices.Credit rates will increase September 1 to correspond with the tuition increases set by colleges and