529 Plan West Virginia
April 8th, 2007
Question: When you start 529 Plan in one state, for example here in WV, and move another state, what happens?
We want to start an educational 529 Plan here in West Virginia but what happens if we move to another state in the future? Also, can the money be used for any university or college in the United States?
Answer: Hi.
No worries. You can actually keep the West Virginia 529 Plan if you move out of state. As a matter-of-fact, you can open a 529 Plan from any state you choose; it does not have to be from the state in which you live.
Yes, the money can be used for any university or college in the U.S.
For more information about 529 plans, check out http://www.529saver.com.
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