General Information

Pennsylvania 529 Investment Plan logo

Pennsylvania 529 Investment Plan

Pennsylvania's 529 Investment Plan is available to residents of any state, and offers 15 Vanguard investment options, including a socially responsible equity portfolio. Pennsylvania residents may enjoy a state tax deduction for contributions to the plan.

Our Ratingx

4.0 of 5

Fee Scorex

4 of 5

Performancex

4 of 5

  • Program typeSavings
  • Inception2002, but substantially changed in November 2006
  • State agency
    Pennsylvania Treasury Department
  • Tax deduction
  • Program Manager
    Pennsylvania Treasury Department, with Ascensus College Savings as record-keeper and servicing agent, and Vanguard as investment manager.
  • Program distributor
    Pennsylvania Treasury Department

Ratings & Rankings

Our overall rating for PA residents

This is a recent program and does not yet have a 5-Cap Rating assigned.

Our overall rating for non-residents

This is a recent program and does not yet have a 5-Cap Rating assigned.

Savingforcollege.com's 5-Cap Ratings provides an evaluation and comparison of 529 plans, utilizing a formula that examines dozens of factors grouped into the following categories.


3.89of 5

Each plan's performance score is developed directly from Savingforcollege.com's Quarterly 529 Performance Rankings. A 529 savings plan must have at least one year of performance history before they will be assigned a 5-cap rating. For those plans that are not part of our quarterly performance rankings, such as plans offering a single set of bank-based investment options, we assign a performance score by evaluating the returns currently available on similar types of investments outside of 529 plans.

Eligibility

State residency requirements:

Who can be a participant/owner in the program?

Significant time or age restrictions imposed by the program:

Alternative 529 Plans

Other great plans to consider

You are not limited to opening your own state's 529 plan, so shop around. Here are some highly rated options to consider:

Plan
Our Rating
Fee Scorex
Performancex
Our Rating
5 of 5
Fee Scorex
5 of 5
Performancex
5 of 5
enroll now
173,145 clicked to enroll
Our Rating
5 of 5
Fee Scorex
5 of 5
Performancex
5 of 5
enroll now
68,570 clicked to enroll
Our Rating
4.5 of 5
Fee Scorex
5 of 5
Performancex
4 of 5
Our Rating
5 of 5
Fee Scorex
5 of 5
Performancex
5 of 5
enroll now
68,570 clicked to enroll
Our Rating
5 of 5
Fee Scorex
5 of 5
Performancex
5 of 5
enroll now
173,145 clicked to enroll
Our Rating
4.5 of 5
Fee Scorex
5 of 5
Performancex
5 of 5
Our Rating
4.5 of 5
Fee Scorex
5 of 5
Performancex
4.5 of 5
Our Rating
5 of 5
Fee Scorex
5 of 5
Performancex
5 of 5
enroll now
173,145 clicked to enroll
Our Rating
4.5 of 5
Fee Scorex
5 of 5
Performancex
4.5 of 5

Contributions

Maximum contributions:

Minimum contributions:

Investment Options

Age-based investment options:

View more age-based investment options

Static investment options:

View more static investment options

Underlying fund allocations:

Portfolio Fees & Performance Lookup

Fees & Expenses

Enrollment or application fee:

Account maintenance fee:

Program management fees:

Expenses of the underlying investments:

Total asset-based expense ratio:

Taxes and other Benefits

  • Tax deduction for single filers$15,000/yr
  • Tax deduction for joint filers$30,000/yr

Example

Married filing jointly residents contributing $100/month can expect an additional $0 a year in tax savings.

Program match on contributions:

State tax deduction or credit for contributions:

State tax recapture provisions:

State definition of qualified expenses

State tax treatment of qualified distributions:

State tax treatment of rollovers:

Does the sponsoring state exclude the value of an account for state financial aid purposes?

Does participation in the program provide beneficiaries with any advantages in qualifying for resident tuition status at state institutions?

Does the program have a formal agreement with a rewards program or outside scholarship program?

Upromise Helps Families Save for College

Upromise Helps Families Save for College

Statutory protection of an account from creditors:

Distributions & Terminations

To whom are distributions made payable:

Account Changes

Policy regarding participant/owner changes:

Documents, Access & Reporting

Does participant have online password-protected access to account?

Can the complete enrollment process including funding be done online?

Documents and other services accessible or downloadable on the program's public Web site:

Contact

Website:

Telephone: