Rollovers from MPACT to a QTP (529 Plan) Operated by Other States

Rollovers from MPACT to a QTP (529 Plan) Operated by Other States. Purchasers desiring to transfer money from their MPACT Contract to a QTP operated by another state may request such a transfer by completing and transmitting a request that the Contract be Cancelled and requesting the refund be sent to their QTP Account. The QTP Account must be already opened and an Account Number and payment address provided at the time of the request. MPACT will provide the other QTP with a breakdown between interest and return of principal along with the rollover payment.