Hi folks!
So, I opened up a 529 for my kiddo when she was born (2016). I live in NJ and work in NY. Now, at the time, NJ didn't have a state sponsored plan so I opened up a NY one (NYSAVES), which uses Vanguard funds. If it matters, the kiddo has about $38K in there, ATM.
I recently learned NJ now has a state sponsored plan (NJBEST), which looks to be thru Franklin. The question is, would it be worth transferring the NY 529 over to the NJ plan?
I appreciate you all so much!
So, I opened up a 529 for my kiddo when she was born (2016). I live in NJ and work in NY. Now, at the time, NJ didn't have a state sponsored plan so I opened up a NY one (NYSAVES), which uses Vanguard funds. If it matters, the kiddo has about $38K in there, ATM.
I recently learned NJ now has a state sponsored plan (NJBEST), which looks to be thru Franklin. The question is, would it be worth transferring the NY 529 over to the NJ plan?
I appreciate you all so much!
Statistics: Posted by HenryBemis — Wed May 15, 2024 10:26 am — Replies 3 — Views 182