Author Topic: 529 plans  (Read 919 times)

brellis1vt

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529 plans
« on: December 22, 2018, 07:45:02 PM »
When my daughter was born I started investing in the Pennsylvania 529 plan.  I think it might be better to invest in a different states funded plan for performance (I still can get all the tax benefits.)  Does anyone have any recommendations for which states have the best plans?

ZMonet

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Re: 529 plans
« Reply #1 on: December 23, 2018, 05:31:08 PM »
I believe both New York and Nevada use Vanguard and have some of the lowest fees.  I'm not sure about PA, but some states offer a tax deduction.  You'll have to figure out if it is worth it or not.  Some of those same states have very high fees, which offset the deduction.

notmyhand

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Re: 529 plans
« Reply #2 on: December 23, 2018, 05:48:23 PM »
Keep in mind that the PA 529 plan offers creditor protection.  I'm not sure if investing in another state's plan does the same.

reeshau

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brellis1vt

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Re: 529 plans
« Reply #4 on: January 01, 2019, 08:34:52 PM »
THANKS EVERYONE!!