Please note: The PA 529 Investment Plan (IP) will be making some important changes which will take effect April 27, 2018. Details of these changes are available here.
During the implementation process, PA 529 IP account owners will not be able to access their accounts online or by phone from 4:00 PM (EST) on Thursday, April 26, 2018, until 8:00 AM (EST) on Monday, April 30, 2018. Additional details are available in a supplement to the PA 529 IP Disclosure Statement.
Additionally, you will not be able to enroll in a new PA 529 IP account online during this blackout period.
Please call 800-440-4000 with any questions.
Additionally, on December 22, 2017, the president signed new tax legislation into law.
While we're working on updating our website to reflect the new U.S. tax laws, the website may not address these changes.
The legislation includes several new provisions related specifically to 529 plan accounts, beginning with the 2018 tax year:
- Account owners can use assets to pay for qualified K-12 tuition expenses up to $10,000 per year, per student.
- Account owners can treat qualified K-12 withdrawals as qualified expenses with respect to the federal and Pennsylvania state tax benefits.
- Account owners can roll over 529 plans to ABLE plans, up to the ABLE annual contribution limit.
529 college savings plan investment mistake
Please check back as we update our website to reflect these changes. For additional guidance on these new provisions, account owners should consult the Pennsylvania Department of Revenue at www.revenue.pa.gov or by calling 717-787-8201 or consult a qualified tax advisor about your personal situation.