PA Treasurer announces record growth for PA 529 College and Career Savings Program

Pennsylvania Treasurer Stacy Garrity today announced the PA 529 College and Career Savings Program (PA 529) had its best year ever in fiscal year 2020-21, adding 25,004 new accounts while bringing in more than $732 million in total contributions. These numbers are the largest in the nearly 30-year history of PA 529.

There are currently more than 265,000 open PA 529 accounts with balances that have grown through contributions and investment growth to a combined $6.8 billion. The first PA 529 account was opened in 1993, when it was known as the Tuition Account Program.
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