Salt marshes and seagrass meadows ("blue carbon" habitats) can sequester and store high levels of organic carbon (OC), helping to mitigate climate change. In California blue carbon sediments, we quantified OC storage and exchange between these habitats. We find that (1) these salt marshes store about twice as much OC as seagrass meadows do and (2), while OC from seagrass meadows is deposited into neighboring salt marshes, little of this material is sequestered as "long-term" carbon.