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Pennsylvania Treasury highlights Keystone Scholars, PA 529 options, PA ABLE and unclaimed property resources

Pennsylvania Department of Banking and Securities (with Pennsylvania Department of Treasury) · December 5, 2024
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Summary

Karen Carr of the Pennsylvania Department of Treasury explained Keystone Scholars (a $100 seed account for Pennsylvania-born children), the state's two PA 529 plans (guaranteed savings and investment options), PA ABLE features and eligibility changes, and how to search for unclaimed property at PAtreasury.gov/unclaim.

Karen Carr, outreach specialist at the Pennsylvania Department of Treasury, described several state programs intended to help Pennsylvanians save for education or to protect savings for people with disabilities, and she urged the public to search for unclaimed property held by the Treasury.

Carr said Keystone Scholars deposits $100 into an account for every child born to a Pennsylvania resident to encourage early savings for post–high-school education. "This $100 is intended to help parents start to think about saving early," she said, and advised recipients to register using the mailer code or birth certificate information so they can view and eventually use the…

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