Can a non-resident alien invest in a 529 plan

Hi: I am in U.S on a work visa and would like to invest for my child's college through ESA & 529 plan. I researched a few 529 plans (florida, nevada, georgia) but the eligibility in them is for U.S citizens or resident aliens. I understand that my status is "non-resident alien" so I can't participate in those. Can someone confirm this? And are there any states that do allow ppl in my status to participate in 529 plans? Thnx for your time.

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Reply to
seanimrod
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If you are on work visa in USA you are a resident alien and not a Non- Resident Alien. Dont confuse resident alien with green card. You can do any kind of passive investing within the law if you are a resident alien meaning you reside in US and have a lawful job.

Same applies for stock investing, IRA, roth-IRA etc. To be extra certain you can contact the broker through whom you plan to get 529.

good luck

-------------------------------------- Misc.invest.financial-plan is a moderated newsgroup where Moderators strive to keep the conversations on-topic for financial planning. Other posting guidelines include a request for brevity and another for trimming posts to which we respond. For all of the other tips and suggestions, see "FROM THE MODERATORS: Posting to misc.invest.financial-plan", a weekly post now on the Newsgroup.

Reply to
learnfpga

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