529 plans help families save for college. The name “529” refers to Section 529 of the IRS tax code, which gives these plans special tax breaks to encourage saving.
The Pennsylvania 529 College Savings Program offers two savings plans. You can use the money to pay for college, many technical and career schools, and qualified expenses. There are no income limits, and anyone can contribute. Grandparents, aunts, uncles, and family friends can all help your student pay for college.