Can I move a 529 investment into another option offered by that plan or roll over the assets into another states plan?
Many states allow you to change investment options once each calendar year without incurring fees or tax consequences. For the 2009 calendar year only, you may make two exchanges among your plan investments. You also can roll over your 529 plan assets into another state plan once in any 12-month period, although you may have to pay fees or state income tax. The College Savings Plans Network offers a link or phone number to contact your state’s 529 plan.
Many states allow you to change investment options once each calendar year without incurring fees or tax consequences. For the 2009 calendar year only, you may make two exchanges among your plan investments. You also can roll over your 529 plan assets into another state plan once in any 12-month period, although you may have to pay fees or state income tax. The College Savings Plans Network offers a link or phone number to contact your state’s 529 plan.
