Tuition Account Program (TAP) Pennsylvania’s state-sponsored Tuition Account Program (TAP or TAP 529) provides advance purchase of college tuition credits. It enables the locking in of today's prices for tomorrow's tuition. TAP is a tax-deferred investment plan.
Benefits include:
Funds have the potential to earn more while they’re in the account because of tax deferral.
Flexible contribution options, minimal investment requirements, and large contribution/earning limits give you more savings alternatives.
Investment choices include an investment plan option (with nine professionally managed portfolios and your choice of allocation based on factors such as beneficiary’s age or your risk tolerance) or a guaranteed savings plan option (with an account value that will keep pace with tuition increases).
Withdrawals for qualified education expenses remain federally tax-free until 12/31/10.
Withdrawals for non-qualified expenses are possible.
Account growth is exempt from state and local income taxes as well as the PA Inheritance Tax.
To enroll or get more information, visit nowU or call 1-800-440-4000.
Federal student financial aid information from the U.S. Department of Education
BASICS is a workforce development program designed to significantly improve the match between Bedford County's business needs and educational system priorities. BASICS goal is to inform regional students, parents, and educators of the career opportunities that exist in Bedford County before making education and training decisions.
For more information about BASICS, or to begin a similar workforce development program in your region, contact the Bedford County Chamber of Commerce at www.bedfordcountychamber.org.
BASICS is funded in part by the Federal Department of Labor, PA Department of Community and Economic Development, Regional Businesses and School Districts. The program is administered in cooperation with the Bedford County Chamber of Commerce and the Bedford County Development Association.
BASICS: Businesses And Schools Investing in Cooperative Solutions
Thanks to the companies who support Bedford County BASICS:
For information on how your business can be part of the EITC program see: www.newpa.com
