October 22, 2024 - Harrisburg, PA
Treasurer Stacy Garrity and PA Chamber of Business and Industry President and CEO Luke Bernstein today encouraged businesses to help their employees save for the future by using new tax credits for matching contributions to employees' PA 529 and PA ABLE accounts. The credits will be available starting in 2025.They were joined by Rep. Kristin Marcell (R-178), Rep. Paul Friel (D-26), Rep. Greg Scott (D-54), Senate Majority Leader Joe Pittman (R-41) and Sen. Camera Bartolotta (R-46), all of whom played key roles in the legislation's passage earlier this year."This new tax credit will help Pennsylvanians save for the future - and make our businesses more attractive places to work," Treasurer Garrity said. "The PA 529 College and Career Savings Program and the PA ABLE savings program for people with disabilities are both powerful savings tools, and these new tax credits will benefit families across Pennsylvania."List of Speakers:Rep. Kristin MarcellSen. Camera BartolottaRep. Paul FrielRep. Greg ScottAlex Halper, PA Chamber of Business and Industry