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PA Treasurer Polls Parents On College Savings

dollarPennsylvania Treasurer Rob Mc Cord says a recent parents’ poll commissioned by his office found that all of the parents polled expect their children to have some kind of post-secondary education, but one in four had not saved any money to pay the tuition. He says his office has two guaranteed plans that give parents big tax breaks on money they save for their children’s education, and that’s not all.

“You get huge earnings advantages by using a 529 program as opposed to just putting it into savings’ bonds or a savings account.  You can get an absolute guarantee against tuition inflation, which is what the Guaranteed Savings Plan provides.  We had a 118 percent tuition inflation over a decade at Penn State, but those who bought those tuition credits a decade in advance through Pennsylvania’s Guaranteed Savings Plan got that decade-old price, so they got a heck of a return on their investment.”

McCord Says the Pennsylvania 529 Guaranteed Savings Plan is tied to the rate of tuition inflation, so if you have an eight-year-old child and you start saving now through the plan, the rate you will pay when the child is 18 is today’s rate, not the rate ten years from now.  For more information, go to on the internet.
WNPV AM 1440 Tune in on Thursday at 11:10 AM when Ria Gilday will host Ashley Hasselberger from Prevagen who will discuss "Improving your Brain Power." Call in with questions: 215-855-8211.
WNPV AM 1440 We need to convince these affluent shoppers to spend their dollars with our locally owned and operated stores instead of using Amazon, etc. Join WNPV's "Shop Locally for the Holidays" campaign by calling 215-855-8211 or emailing We'll show you how inexpensively you can advertise for the holidays with a local business that caters to local businesses and local listeners!
The Affluent Have Already Started Shopping For The Holidays It's early October, and affluent shoppers are already quietly shopping for the holidays. As affluents can be defined in many different ways, in today's column we will focus on the following three affluent market segments and their holiday shopping plans.
WNPV AM 1440 Tune in at 11:10 AM today for financial advice from George Toth on "Regarding Your Money." Call in with your questions to 215-855-8211.
WNPV AM 1440 Due to the weather, the 42nd Apple Butter Frolic scheduled for tomorrow has been changed to a take-out food event only. The Pennsylvania German food that the Frolic is known for (apple butter, scrapple, barbecue, pies, chicken potpie, green beans and ham, and more) will be available for sale at the tent set up on the driveway of the Mennonite Heritage Center, Yoder Road, Harleysville.
WNPV AM 1440 North Wales Community Day in Weingartner Park, North Wales, on Saturday, October 3, 2015, has been cancelled due to the predicted inclement weather.
WNPV AM 1440 I think we all know that men and women shop differently ... but how differently?
How your buying behavior can predict your gender It's not just your imagination. There are a flurry of ways in which men approach shopping differently than women.

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