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Pennsylvania Treasury outlines PA 529, Keystone Scholars and Unclaimed Property to Pike County commissioners
Summary
A Pennsylvania Treasury representative briefed the Pike County commissioners on PA 529 college savings, Keystone Scholars $100 starter accounts for children born 2019 or later, PA ABLE for people with disabilities, and the Unclaimed Property program, offering county assistance to recover about $5,000 linked to a Pike County address.
Joanne Maraglia, regional program relations manager with the Pennsylvania Treasury, presented to the Pike County Board of Commissioners about state-run consumer programs aimed at increasing savings and returning unclaimed funds to residents.
Maraglia described the PA 529 college and career savings program and said Pennsylvania residents can make tax-advantaged contributions; she told the board contributions to PA 529 accounts can be written off up to $19,000 a year per the presentation. She introduced Keystone Scholars, a newer program that automatically deposits $100 into a child’s account for children born in Pennsylvania beginning in 2019, with the Treasury managing the funds until the beneficiary reaches adulthood.
Maraglia also discussed PA ABLE accounts designed to let individuals living with disabilities save beyond customary $2,000 asset limitations tied to benefit eligibility, and she directed interested residents to the Treasury’s website for eligibility details. On Unclaimed Property, Maraglia said she found nearly $5,000 associated with a Pike County address (506 Broad Street) and offered to work with an authorized county representative to recover those funds.
Maraglia offered brochures and follow-up assistance for county staff and encouraged commission outreach so residents learn about programs that may benefit them. Commissioners thanked Maraglia for the briefing.
