529 News

Recent State News

Arkansas launches 529 GIFT Plan smartphone app

(August 9, 2018) - The new Arkansas GIFT Plan smartphone app allows users to check account balances, view transaction history, set up alerts, get the latest plan news and allow the plan to share important information with account owners.

Those who download the app between July 1, 2018 and September 3, 2018 will be entered for a chance to win a $4,500 Disney vacation package. Learn more at www.arkansas529.org

California now excludes 529 plan assets when determining Medi-Cal eligibility

(July 23, 2018) - AB 1785 was signed by the Governor of California on July 18,2018. This legislation excludes the principal and interest of a 529 savings plan and qualified distributions from a 529 savings plan from consideration for purposes of any asset or resources or income test to determine eligibility for Medi-Cal benefits.

Pennsylvania to offer $100 in college savings to new babies

(July 2, 2018) - The Keystone Scholars Program creates a PA 529 savings account with a $100 deposit for a babies born in Pennsylvania or adopted by a Pennsylvania resident born in 2018 and 2019. Parents have until the child's first birthday to claim the offer.

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