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You are not restricted to only your own state’s 529 plan. Most 529 plans allow residents of any state to participate, giving you the flexibility to choose the college savings plan that’s right for you and your family.
529 plans vary from state to state, and each has somewhat different costs, investment options, and tax incentives. In addition, an account holder may have limited investment options, depending on the particulars of the plan you select. When choosing the plan that works for your goal, compare the features of your state’s 529 plan with others to weigh the plan benefits.