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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 www.pa529.com on the internet.
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WNPV AM 1440 Another weekend of racing coming up as NASCAR moves to Martinsville! The action on WNPV 1440 AM is brought to you ... in part ... by Moyer Specialty Foods of Souderton (www.MoyerSpecialtyFoods.com).
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WNPV AM 1440 NASCAR moves to Fontana, California, and the Auto Club Speedway this weekend. Listen to all the action right here at 1440 AM starting at 3:30 PM on Saturday and 2:30 PM on Sunday ... brought to you, in part, by Del Val Senior Advisors (Steve Bobrin) (www.delvalseniors.com).
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Matt Porter 6:01 PM EST on Sunday... and your TUNE IN page won't play, saying "WE DIDN'T FIND ANY PLAYABLE STREAMS"
WNPV AM 1440 Attorney Jay Glickman will be hosting a very important program on "Legally Speaking" on Wednesday, March 11, 2015, from 11:10 AM to noon. Tune in to hear his guests Souderton Police Chief Jim Leary, Univest's Joe Blair, and the Souderton-Telford Rotary Club's Al Engel bring us up-to-date on the community fundraising for the Stone and Flick children, the innocents left behind by the murderous rampage in our news just months ago.
WNPV AM 1440 Area schools are closed ... bingo games are cancelled ... even the banks are closing ... BUT your local radio station, WNPV 1440 AM, is here for you! And, yes, WE will be playing Snow Bingo at 5 PM thanks to our official sponsors: Barb-Lin Carpet One of Doylestown, Henning's Trains of Lansdale, and Clyde S. Walton, Inc. of Lansdale.

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