Pennsylvania 529 Guaranteed Savings Plan

The Pennsylvania 529 Guaranteed Savings Plan is a unique 529 plan that provides families with a secure and predictable way to save for higher education expenses. One notable aspect of this plan is its guarantee of principal and a fixed rate of return, ensuring that account holders' investments are protected from market fluctuations. The plan offers a straightforward and hassle-free option for conservative investors looking for stability. It provides tax advantages, such as tax-free growth and tax-free withdrawals for qualified education expenses. Additionally, Pennsylvania residents may be eligible for a state income tax deduction for contributions made to the plan, further enhancing the savings potential. The Pennsylvania 529 Guaranteed Savings Plan offers families a reliable option for saving for their educational goals.
EnrollState Tax Incentive
$15,000 single / $30,000 joint beneficiary
Program Manager
Ascensus
Investment Manager(s)
Various
Plan type
Direct
Investments
Guided Investments
N/A
ESG Investments
No
Avg. expense fee
0.650%
Fee Range
N/A
Ratings
Backer Rating
Our rating is based on fees and tax savings advantages.
51%
for PA residents
51%
non-residents
Other
Connect with Mint.com
Track your finances in one place.
Yes
Connect with Backer
Full end to end enrollment, gifting and plan management.
Gifting Only
Mobile app
Backer App covers this plan.
No
General Recommendation
This is a direct sold 529 plan, not rated by Morningstar.