Many financial experts agree that for most families, the best tax-deferred and tax-free way to save for college is through a 529 plan.

529 plans are college savings plans established by states or colleges in accordance with Section 529 of the Internal Revenue Code, which provides those plans with important tax advantages. These advantages, along with tax and other advantages that the Commonwealth of Pennsylvania has provided, make the nowU Pennsylvania 529 College Savings Program one of the best ways for most Pennsylvania families to set aside money for college.