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Reply to "Which 529 to choose for VA residents?"
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[quote=Anonymous]Sorry for repeated topic, I did check previous posts, but still confused. Among Virginia 529 (inVest), Utah 529, and Vanguard 529, which should I choose? Thought: (1) for Virginia 529, we are thinking to open two accounts for our son under my wife and my name, $4000 each, so to deduct $8000 for our state tax, but the best return is only about 5-7% in the long run, http://www.virginia529.com/invest/performance/ (2) Utah 529: they use Vanguard index, so why not just open Vanguard account directly? And also, can I claim VA state tax if I buy Utah 529? (3) Vanguard 529, seems high return in long run, especially some portfolio could give you 10-11% return, https://investor.vanguard.com/529-plan/list#/529-plan/asset-class/month-end-returns but heard we cannot claim VA state tax either, right? Thanks in advance.[/quote]
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