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Financial Planning / Paying For College
|Subject: Moved from NY to NJ||Date: 11/13/2013 9:53 AM|
|Author: kmart00||Number: 8094 of 8174|
Was wondering if anyone had advice on this:
We just moved from NY to NJ and now I am wondering whether to keep funding DD's NYS 529 or open a NJ 529 (possibly roll over the NYS?)
From what I remember when I set up the NYS one, I was able to deduct contributions from my state tax return. Now that I live out of state, I dont think that is the case any more.
I dont believe NJ allows you to deduct anything at all.
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