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Reply to "DC residents: do you use DC's 529 program, or another state's? Why?"
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[quote=Anonymous][quote=Anonymous]You can make contributions into the DC 529 and take the tax break, and then move the money to a different account after two years. That's what we do - put it into the 529, and then after two years take it out and put it into a Utah 529. That way we get the DC tax break and the low Utah fees.[/quote] Wait, so this year you're taking out 2012 money from the DC plan and moving it to Utah's ? But still contributing to DC's for your 2014 contribution? Yes? We do use DC's and I know it's not the lowest but I think I read online somewhere it was worth it, due to the tax break. [/quote]
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