West Virginia 529 Plan

From Bogleheads

This page provides information on Direct-sold 529 Plans and highlights indexed portfolios. All information is derived from Savingforcollege.com and from 529 plan sites and disclosure documents.

West Virginia 529 Plan:

Open to Residents
Not open to non-residents (for an open to non-residents, direct-sold West Virginia 529 plan, see West Virginia 529 Plan (SMART 529), managed by DFA).

Program match on contributions: None

State tax deduction or credit for contributions: Contributions to any of West Virginia's 529 plans are fully deductible in computing West Virginia taxable income.

State tax recapture provisions: The principal portion of nonqualified withdrawals from this plan are included in West Virginia taxable income to the extent of prior West Virginia tax deductions. Rollovers apparently are not subject to recapture.

Age-based investment options: No Vanguard funds available

Static investment options: Select among five multi-fund portfolios (Aggressive Growth, Growth, Balanced, Conservative Balanced, and Conservative Bond), the SMART529 Stable Value portfolio and the SMART529 500 Index Fund. Includes a stand alone S&P 500 Index fund.

Expenses: 0.39% - 1.03%

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Please see [url=http://www.bogleheads.org/wiki/West_Virginia_529_Plan]West Virginia 529 Plan[/url] on the [url=http://www.bogleheads.org/wiki/Main_Page]Bogleheads Wiki[/url].