State tax treatment of rollovers
| Plan | State tax treatment of rollovers: | |
|
CollegeCounts 529 Fund Alabama |
Inbound rollovers are not subject to Alabama tax. The full amount rolled over can be deducted subject to the $5,000 or $10,000 annual maximum. Outbound rollovers are treated as nonqualified withdrawals. | Enroll Now |
|
AZ529, Arizona’s Education Savings Plan Arizona |
Arizona follows federal tax-free treatment. | Plan Details |
|
Fidelity Arizona College Savings Plan Arizona |
Arizona follows federal tax-free treatment. | Enroll Now |
|
GIFT College Investing Plan Arkansas |
Arkansas follows federal tax-free treatment for rollovers except that outbound rollovers are subject to the recapture of prior state tax deductions. Inbound rollover contributions from another state's plan are deductible in the amount of $7,500 per individual and $15,000 per couple. | Plan Details |
|
ScholarShare 529 California |
California follows federal tax-free treatment. | Plan Details |
|
Direct Portfolio College Savings Plan Colorado |
Colorado follows federal tax-free treatment except that outbound rollovers are subject to the recapture of prior state tax deductions. | Enroll Now |
|
Smart Choice College Savings Plan Colorado |
Colorado follows federal tax-free treatment except that outbound rollovers are subject to the recapture of prior state tax deductions. | Plan Details |
|
Stable Value Plus College Savings Program Colorado |
Colorado follows federal tax-free treatment except that outbound rollovers are subject to the recapture of prior state tax deductions. | Plan Details |
|
Connecticut Higher Education Trust (CHET) Connecticut |
Connecticut follows federal tax-free treatment. | Plan Details |
|
Delaware College Investment Plan Delaware |
Delaware follows federal tax-free treatment. | Enroll Now |
|
DC College Savings Plan District of Columbia |
District of Columbia follows federal tax-free treatment except that outbound rollovers within two years of establishing the account are subject to the recapture of prior D.C. tax deductions. | Enroll Now |
|
Florida 529 Savings Plan Florida |
Florida does not have a personal income tax. | Plan Details |
|
Path2College 529 Plan Georgia |
Georgia follows federal tax-free treatment except that outbound rollovers are subject to the recapture of prior state tax deductions. | Enroll Now |
|
Hawaii's College Savings Program Hawaii |
Hawaii follows federal tax-free treatment. | Enroll Now |
|
Idaho College Savings Program (IDeal) Idaho |
Outbound rollovers by Idaho taxpayers must be included in Idaho taxable income to the extent of contributions made during the 12 months prior to the rollover, effective January 1, 2008. | Plan Details |
|
Bright Start Direct-Sold College Savings Program Illinois |
Illinois follows federal tax-free treatment except that, beginning in 2007, outbound rollovers are subject to the recapture of prior state tax deductions. | Plan Details |
|
CollegeChoice 529 Direct Savings Plan Indiana |
Indiana follows federal tax-free treatment except that outbound rollovers are subject to the recapture of prior state tax credits. | Plan Details |
|
CollegeChoice CD 529 Savings Plan Indiana |
Indiana follows federal tax-free treatment except that outbound rollovers are subject to the recapture of prior state tax credits. | Enroll Now |
|
College Savings Iowa Iowa |
Iowa follows federal tax-free treatment except that outbound rollovers are subject to the recapture of prior state tax deductions. | Enroll Now |
|
Learning Quest 529 Education Savings Program (Direct-sold) Kansas |
Kansas follows federal tax-free treatment. | Plan Details |
|
Schwab 529 College Savings Plan Kansas |
Kansas follows federal tax-free treatment. | Plan Details |
|
KY Saves 529 Kentucky |
Kentucky follows federal tax-free treatment. | Enroll Now |
|
START Saving Program Louisiana |
Louisiana follows federal tax-free treatment. | Plan Details |
|
NextGen 529 -- Client Direct Series Maine |
Maine follows federal tax-free treatment. | Enroll Now |
|
Maryland 529 -- Maryland Senator Edward J. Kasemeyer College Investment Plan Maryland |
Maryland follows federal tax-free treatment. | Plan Details |
|
U.Fund College Investing Plan Massachusetts |
Massachusetts follows federal tax-free treatment. | Enroll Now |
|
Michigan Education Savings Program (MESP) Michigan |
Michigan follows federal tax-free treatment. | Plan Details |
|
Minnesota College Savings Plan Minnesota |
Minnesota follows federal tax-free treatment. | Plan Details |
|
Mississippi Affordable College Savings (MACS) Program Mississippi |
Mississippi follows federal tax-free treatment. | Plan Details |
|
MOST - Missouri's 529 Education Plan (Direct-sold) Missouri |
Missouri follows federal tax-free treatment for rollovers. | Enroll Now |
|
Achieve Montana Montana |
Montana follows tax-free treatment for rollovers into a Montana 529 plan. Montana tax treatment of rollovers out of a Montana 529 plan is unclear, as Montana law may require that the rollover be treated as a nonqualified withdrawal. | Plan Details |
|
Nebraska Education Savings Trust -- Direct College Savings Plan Nebraska |
Nebraska follows federal tax-free treatment except that outbound rollovers are subject to the recapture of prior state tax deductions. | Plan Details |
|
TD Ameritrade 529 College Savings Plan Nebraska |
Nebraska follows federal tax-free treatment except that outbound rollovers are subject to the recapture of prior state tax deductions. | Plan Details |
|
NJBEST 529 College Savings Plan New Jersey |
New Jersey follows federal tax-free treatment. | Enroll Now |
|
The Education Plan's College Savings Program New Mexico |
New Mexico follows federal tax-free treatment except that outbound rollovers are subject to the recapture of prior state tax deductions. | Plan Details |
|
New York's 529 College Savings Program -- Direct Plan New York |
New York follows tax-free treatment for rollovers except that, according to a New York State Dept. of Taxation and Finance interpretation, a rollover out of a New York 529 plan is treated as a nonqualified withdrawal. A direct trustee-to-trustee rollover between two New York 529 accounts is not treated as a nonqualified withdrawal for this purpose. | Enroll Now |
|
NC 529 Plan North Carolina |
North Carolina follows federal tax-free treatment. | Enroll Now |
|
College SAVE (Direct) North Dakota |
North Dakota follows federal tax-free treatment. | Plan Details |
|
Ohio's 529 Plan, CollegeAdvantage Ohio |
Ohio follows federal tax-free treatment except that outbound rollovers appear subject to the recapture of prior state tax deductions. | Enroll Now |
|
Oklahoma College Savings Plan Oklahoma |
Oklahoma follows federal tax-free treatment except that outbound rollovers made within 12 months of the date of contribution are subject to the recapture of prior state tax deductions. | Plan Details |
|
Oregon College Savings Plan Oregon |
Oregon follows federal tax-free treatment. | Plan Details |
|
Pennsylvania 529 Investment Plan Pennsylvania |
Pennsylvania follows federal tax-free treatment. | Enroll Now |
|
CollegeBound Saver (Direct-sold) Rhode Island |
Rhode Island follows federal tax-free treatment except that, in the two taxable years following the year of deduction, outbound rollovers are subject to the recapture of prior state tax deductions. | Plan Details |
|
Future Scholar 529 College Savings Plan (Direct-sold) South Carolina |
South Carolina follows federal tax-free treatment. | Enroll Now |
|
my529 Utah |
Utah follows federal tax-free treatment except that outbound rollovers are subject to the recapture of prior state tax deductions or tax credits. | Enroll Now |
|
Vermont Higher Education Investment Plan Vermont |
Vermont follows federal tax-free treatment. | Plan Details |
|
Invest529 Virginia |
Virginia follows federal tax-free treatment except that outbound rollovers are subject to the recapture of prior state tax deductions. | Enroll Now |
|
SMART529 Select West Virginia |
West Virginia follows federal tax-free treatment. | Plan Details |
|
SMART529 WV Direct College Savings Plan West Virginia |
West Virginia follows federal tax-free treatment. | Plan Details |
|
Edvest Wisconsin |
Wisconsin follows federal tax-free treatment. | Plan Details |
