Hi,
I have a 12 yrs old son and would like to open a 529 plan.
Few questions:
1) We live in New Jersey.
There is a government NJBEST and Templeton 529 there.
Does it make sense to open 529 in NJ or some other state has better
ones ?
If so, which of the 2 you can recommend ?
2) We came to US from Canada, where we used to have RESP plan.
A few years ago all new contributions were frozen since we left Canada
and not paying taxes there.
Would that complicated opening or operating 529 ?
Any potential problems (troubles getting financial aid, not all
colleges eligible, etc.) ?
Thank you in advance,
Oleg.
