529 to Roth

Converting a 529 plan to a Roth IRA is the process of rolling over long-term funds to an tax-exempt Roth IRA once qualified. 

Qualification guidelines according to SECURE Act 2.0: 

• Prior to converting to a Roth IRA, the 529 plan must have been maintained for a minimum 15 years.
• A direct conversion is required when transferring funds from the 529 plan to the Roth IRA.
• Total contributions to the Roth IRA must not surpass the limit of contributions set for the current year.
• For all non-taxable conversions from a 529 plan to Roth, the amount of $35,000 must not be exceeded for all years combined.

Our first priority is helping you take care of yourself and your family. We want to learn more about your personal situation, identify your dreams and goals, and understand your tolerance for risk. Long-term relationships that encourage open and honest communication have been the cornerstone of my foundation of success.

Our first priority is helping you take care of yourself and your family. We want to learn more about your personal situation, identify your dreams and goals, and understand your tolerance for risk. Long-term relationships that encourage open and honest communication have been the cornerstone of my foundation of success.