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Nazareth Academy

Grade School

529 PLANS CAN NOW HELP PAY FOR PRIVATE SCHOOL TUITION AT NAGS

529 PLANS CAN NOW BE USED FOR PRIVATE ELEMENTARY SCHOOL & HIGH SCHOOL TUITION! 
What is a 529 Plan?
529 plans help families save for education. The name "529" refers to Section 529 of the IRS tax code, which gives these plans special tax breaks to encourage saving.
There's no doubt your children or grandchildren will benefit from education. Studies show that a college degree is worth nearly a million dollars in lifetime earnings. Saving for education is an investment in their future.

The Pennsylvania 529 College Savings Program offers TWO savings plans. The PA 529 Guaranteed Savings Plan (GSP) is a lower-risk plan that helps your savings keep pace with rising higher education tuition. The PA 529 Investment Plan (IP) lets you choose from 16 investment options from The Vanguard Group. 


FOR MORE INFORMATION, GO TO:
https://www.pa529.com/learn/

 

A 529 Plan is easy to set up and easy to use. You can use a 529 plan to pay for qualified higher education expenses at most colleges and universities, and many technical and career schools. You may also use the money to pay for TUITION EXPENSES UP TO $10,000 at elementary or secondary public, private, or religious schools. There are no income limits, and anyone can contribute. Grandparents, aunts, uncles and family friends can all help your student pay for education.

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