Savings Programs Now Available for Pennsylvania Families with Young Children

Pennsylvania has two resources available to families with young children who want to save for future expenses.

Keystone Scholars - College and Career Savings Program

PA 529 offers Keystone Scholars, an investment fund created to ensure Pennsylvania babies have a bright future, and to help families get a jumpstart on post-secondary education savings for their child. Keystone Scholars provides $100 to families for every baby born to a PA family on or after January 1, 2019. Funds to families can be used for a child’s future post-secondary education expenses.

For more information, visit the Keystone Scholars website.

PA ABLE Savings Program

The Pennsylvania ABLE Savings Program (PA ABLE) is a new, low-cost savings account that gives people with disabilities and their families a tax-free way to save for disability-related expenses while maintaining government benefits. Federal and state law authorized the creation of PA ABLE accounts.

For more information, visit the PA ABLE website.