Salus appointed to Tuition Account Program Advisory Board

From The Reporter:

Montgomery County Treasurer Jason Salus has been appointed to serve on Pennsylvania’s Tuition Account Program (TAP) Advisory Board.

The 19- member board, which includes the State Treasurer and the chancellor of the State System of Higher Education, reviews and studies the work of the Pennsylvania 529 College Savings Program, which provides Pennsylvania families with a tax-advantaged vehicle to help save for their children’s higher education. With a record-breaking 181,000 accounts and $3 billion in assets, the program plays a critical role in helping families combat the rising cost of college tuition. Salus was appointed by Pennsylvania House Speaker Sam Smith, on the recommendation of Minority Leader Frank Dermody.

Salus, whose wife Lisa is a public school teacher, was enthusiastic about the opportunity to work on higher educational finance and savings programs in the Commonwealth. “I look forward to working with leaders from across the Commonwealth to help more Pennsylvania families attain the opportunity to attend college. This is a terrific complement to my work in reforming delinquent tax collection for our Montgomery County school districts, which has resulted in dramatically accelerated collections and nearly $500,000 of savings in collections costs for our public schools this year. We need to work on all fronts to make education more accessible and affordable for Pennsylvania families.”

Pennsylvania Treasurer Rob McCord welcomed Treasurer Salus to the board.

“Jason Salus understands the importance of higher education and training – and the importance of raising awareness about Pennsylvania’s 529 plans and related tax advantages. Jason’s keen eye for efficiency and his experience in public and private sector finance will make him a valuable member of the TAP Advisory Board, where every dollar saved or earned is a dollar that furthers someone’s higher education,” McCord said.

Read the entire article here.