Recent law allows certain unused 529 plan assets to roll into a beneficiary Roth IRA when detailed requirements are met. Limits, holding periods and annual contribution rules apply.\n\nThe option can reduce concern about overfunding education savings, but it is not automatic and may not fit every family. Review plan history, beneficiary information and current IRS guidance with qualified professionals before acting.
529 ยท Jan 18, 2024
Understanding 529 to Roth IRA Rollovers
New rules may create an additional option for certain unused education savings.
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