When saving for your child’s college education, there are few resources as beneficial for parents as the Pennsylvania 529 Guaranteed Savings Plan (GSP). 

When you contribute, your money grows tax-deferred, which means as long as you keep your contributions in the account, you do not pay taxes on its growth.  That will help you keep up with inflation and tuition costs.

Pennsylvania taxpayers can also deduct contributions to their PA 529 GSP from their Pennsylvania taxable income up to $13,000 per beneficiary per year.  For married couples, those contributions rise to $26,000 per beneficiary, as long as each spouse has taxable income of at least $13,000.

Best of all, when used for qualified expenses, the growth in your account is not subject to
federal or state income taxes upon withdrawal.

As an incentive to get families started, you can receive free online enrollment in the PA 529 GSP – a $50 savings – by going to PA529.com and using the coupon code SAVE NOW. 

This is an excellent opportunity you cannot afford to miss.