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The Money Mustache Community
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Investor Alley
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Florida 529 Account Owners
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Topic: Florida 529 Account Owners (Read 1498 times)
onecoolcat
Pencil Stache
Posts: 633
Florida 529 Account Owners
«
on:
February 16, 2017, 11:10:29 PM »
Is there any reason not to go with Vanguard for a Florida resident's 529 account? I understand in many situation its best to own a 529 account that is managed by a firm within your homestate due to state tax benefits but Florida doesn't have state income tax so it seems like any ole broker will do. Thoughts?
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spooky105
5 O'Clock Shadow
Posts: 28
Re: Florida 529 Account Owners
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Reply #1 on:
February 17, 2017, 06:36:30 AM »
Recently re-located to FL and saw no reason to transition 529s from the Vanguard plan. I set them up 4-5 years ago while a resident of PA, which offered an income tax incentive for any 529 not just PA's.
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The Money Mustache Community
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Learning, Sharing, and Teaching
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Investor Alley
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Florida 529 Account Owners