Treasurer Stacy Garrity announces fee reduction for PA 529 IP account owners

reasurer Stacy Garrity today announced a fee reduction for PA 529 College and Career Savings Program Investment Plan (IP) account owners. This reduction will result in a combined savings of nearly $220,000 across all PA 529 IP accounts this year alone.

Treasurer Garrity approved the reduction of the state fee for PA 529 IP account owners from 0.06% to 0.055%, effective August 20, 2021. IP account owners pay total fees ranging from .21% to .31% annually depending on their investment choices.
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