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I'm married with a 5 month old baby in Massachusetts. We are looking for the best 529 plan? Thinking about putting in about 200 a month

I hear you can choose any state so what is my best option do you think? My brother in law suggested Utah but not sure why

It looks like in mass we can deduct $2k from stare taxes. Is that just an adjustment to income so with about a 5 percent tax rate it saves about $100 year? I guess its better than nothing but not great.

Thanks in advance. Normally I can figure things out by searching but its overwhelming with so many plans and states.



Submitted July 01, 2020 at 11:00PM by jdkinnovations https://ift.tt/38h0J8S

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