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DC Public and Public Charter Schools
Reply to "Does anyone else find the fees on the funds in DC's 529 plan troubling?"
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[quote=Anonymous][quote=Anonymous]If I want to switch my investments out of DC's 529 to that of another state or vanguard, is there a holding period requirement, or can I do so immediately? Tia [/quote] you can switch immediately - no holding period. I made the mistake of investing in DC. I had a windfall and put it into college savings. My husband and I both opened accounts for our children - 10K for me and 10K for my husband. After 2 years, we pulled all the money and took the deduction carry forward that DC offered at the time. You need to read the details to see if it still is available. If it is not - don't sit on the money while other plans are outperforming it. You lose whatever it cost you to open the plan - but get better returns which makes it worth the transaction costs.[/quote]
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