HARRISBURG — Treasurer Stacy Garrity encouraged Pennsylvania families to take advantage of the Pennsylvania Treasury Department’s PA 529 Day promotion.

Families who save with the PA 529 College and Career Savings Program may be eligible to win one of six regional awards based on where they live in Pennsylvania. Each award winner will receive a $5,529 deposit into their PA 529 account. The 529 Day promotion ends May 31.

Families must contribute at least $10 to a PA 529 Guaranteed Savings Plan (GSP) or PA 529 Investment Plan (IP) account by May 31 to be eligible, and the account owner must be a Pennsylvania resident. Visit pa529.com/529day to read promotion rules.

“Today we’re celebrating 529 Day, and it’s the perfect time for families to take a step toward saving for their child’s future education,” Garrity said “New and current PA 529 accounts may be eligible to win an account deposit of $5,529, which is enough to cover a year’s tuition at a Pennsylvania community college. I’m thrilled Treasury is offering these incredible promotional awards to show families how powerful saving with a PA 529 account is. I encourage families to take advantage of this opportunity while there is still time.”

The PA 529 program has been helping families save and pay for education for more than 30 years. There are two plans to choose from, the PA 529 GSP and the Morningstar Gold-Rated PA 529 IP. The PA 529 GSP lets families save at today’s tuition rates to cover tomorrow’s tuition costs and PA 529 GSP fees are waived through June 30, 2025. The PA 529 IP has multiple investment options to choose from and returns tied to financial markets. Treasurer Garrity has cut PA 529 fees numerous times, resulting in $17 million in savings for Pennsylvania families.

Both plans offer state and federal tax advantages, and PA 529 assets don’t impact a student’s eligibility for Pennsylvania state financial aid. PA 529 accounts can be used for a wide variety of qualifying technical, collegiate and apprenticeship expenses like tuition, fees, books, equipment, room and board and more.

Families with children born Jan. 1, 2019, or later, already have a $100 Keystone Scholars account to jumpstart their education savings. This automatic deposit is available to every baby born in Pennsylvania, and those adopted by Pennsylvania families. The program uses no taxpayer dollars. Families can claim their Keystone Scholars accounts at pa529.com/keystone and open their own companion PA 529 account to continue saving for their child’s future.

Visit pa529.com to learn more about saving with PA 529 and pa529.com/529day for 529 Day promotion details and official rules.