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Reply to "Maryland 529 vs out-of-state 529"
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[quote=Anonymous]One benefit of a 529 is not having to pay taxes on the capital gains. For federal capital gains, it doesn't matter what state's plan you use. But if you move to NY (or any out of state fund), are you still able to avoid state capital gains taxes? If not -- and I don't know the answer -- it might be worth keeping the money in an MD fund. (I also don't know whether you would be able to leave it NY for most of the time for the lower fees and then move it to MD before you sell it, assuming there is a state capital gain difference.)[/quote]
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