Frequently Asked Questions
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5. If I move to a different state, can I change to a different 529 plan?
     

Your money can stay in the original plan, or you can roll your account over into a different plan.  If your current contributions are eligible for a state income tax deduction or other benefit, based on participating in your “home state’s plan,” those deductions against state income tax calculations would not continue since you would be a resident of a different state.  The investment in your existing plan will continue to grow tax-free regardless of where you live.  There is a process for rolling the investment over into a plan from another state.  A rollover is regarded as a change of investment and you are limited to only one investment change per calendar year.


 
1. How are the 529 funds invested?
2. Is the investment guaranteed?
3. What is the minimum/maximum investment?
4. If my family situation changes, and therefore my investment objectives change, can I change to another 529 plan that better meets my needs?
6. Why is the maximum amount I can contribute different in each state?
Still Need Help? Ask An Expert

Do you want guidance in selecting a 529 plan?  Click the Contact Us button below and speak to a live advisor, or drop us an email and we will be pleased to assist you. If you are a do-it-yourself person, click the Professor for his assistance in sorting and ranking plans or click on the National Map to locate a specific state's 529 program.

 

 


 


 

 
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