Russell wrote:Hi LC --
I'm planning to go the other way. I have opened 529 plans outside of Maryland for my nephews -- and was planning to transfer them into Maryland when they get closer to college age in order to pick up the MD state tax deduction.
My current understanding is that Maryland would count the entire rollover contribution from those out-of-state accounts -- earnings and all -- as being eligible for the state tax deduction. So the tax benefits could end up even better down the road....
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