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April 20, 2007


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I'm still very ignorant on 529s, and am very curious about the "portability" mentioned where you can roll over to another state's plan. Does that mean that you could contribute to a 529 in your own state, take the deduction, then roll the money to another plan (assuming you like a plan from another state better) without any drawbacks? Can anyone clarify whether this is a loophole that could work?

I am thinking about starting a 529 for my son also. It's reassuring to see another person choose to do the same.

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