Anonymous wrote:what is a better 529 plan? why is it better?

The DC 529 used to have extremely high fees, but when they switched providers a year or so ago, the fees dropped dramatically. They are still a touch above some other states, but it seems like a large amount of work for small savings. For example, with a $100,000 account, a 0.1% fee difference would be $100 a year. The DC target year funds have a 0.35 percent fee, so it would be hard to save much.

Why are you looking to switch?

what is a better 529 plan? why is it better?

Anonymous wrote:You just do it once a year after the account has been in existence for two years.

Thanks. The account has been open for over 8 years. Can I roll out everything or just the contributions that are over two years old?

You just do it once a year after the account has been in existence for two years.

Can someone walk me through the steps involved in doing the above so as to avoid the tax recapture? I don’t trust the info given to me by the agent I spoke with via phone since she initially told me that the tax recapture period was 5 years . It was after I disputed her info that she searched the dccollege savings website and confirmed that it was two years. Also if we’re not putting in the max deductible amount (8K)/year, does it even make sense to have the money in the DC plan? Thanks.