Contributions
Anyone – parents, grandparents, aunts, uncles – even family friends.
There is no minimum initial or subsequent contribution amount for either PA 529 plan. Contributions can be made by:
Checks and money orders
You may mail a check to the PA 529 plan’s processing center. Please make the check payable to the appropriate plan and include the PA 529 account number and beneficiary’s name in the memo line.
Electronic bank transfer (one-time)
Automatic Investment Plan (recurring)
Payroll deduction (recurring)
Ugift
Gift of College ®
Rollover from another 529 Plan or Coverdell Education Savings Account
Yes. PA 529 makes it easy to automate your education savings with an Automatic Investment Plan or payroll deduction.
Automatic Investment Plan – Automatic investing lets you choose to have contributions deducted automatically and regularly from a savings or checking account.
Access your account or use the Automatic Investment Plan/Electronic Bank Transfer Form to start, change or stop automatic bank transfers or to change bank information.
Remember to review your account regularly and reconsider the contribution amount if family financial circumstances change.
Payroll Deduction – Many employers let you set up a payroll deduction into your PA 529 account. This is a great way to save by having a pre-arranged amount deducted from your paycheck (after taxes) and deposited into your PA 529 account.
Access your account and click on “Payroll Deduction” or download and complete a Payroll Deduction Instruction Form . After we process your information, you will receive a confirmation statement, which you must sign and submit to your employer's payroll department so they can begin making payroll deductions.
If you're opening a new PA 529 account, be sure to indicate that you would like to establish payroll deduction and provide the necessary information.
If your employer does not offer a PA 529 payroll deduction, please contact our customer service staff at 800-440-4000 for help.
Contributions of as little as $1 can be made any time with the exception of contributions made by Ugift, which must be at least $25.
Pennsylvanians can send state tax refunds directly to a PA 529 College and Career Savings account. You can contribute all or part of your Pennsylvania state income tax refund directly to one or multiple existing PA 529 College and Career Savings Program accounts.
When completing your PA-40, Personal Income Tax Return , enter code H and the amount in the donation section between lines 32-36. Additionally, submit a PA-Schedule P with your return when donating to one or more Pennsylvania 529 College and Career Savings Program accounts. More information is available in the PA-40, Personal Income Tax Return Instructions . Visit Revenue.pa.gov to learn more.