Description
529 to Roth IRA? Yes, starting in 2024
Starting in 2024, 529 account holders will be able to transfer up to a lifetime limit of $35,000 to a Roth IRA for a beneficiary. Avoid taxes and penalties for nonqualified withdrawals. Perhaps fund a Roth IRA in years when account owners are not otherwise eligible.
We believe presenting information on various topics might spark your interest, answer a question you may have, or start a conversation. Our LEARN seminar series addresses various financial topics and occasionally lifestyle topics.
LEARN sessions are planned to be 20-25 minutes. Questions may be asked at the session, or to maintain confidentiality on specific questions, please direct follow-up questions to your Advisor.
529 to Roth IRA? Yes, starting in 2024
Starting in 2024, 529 account holders will be able to transfer up to a lifetime limit of $35,000 to a Roth IRA for a beneficiary. Avoid taxes and penalties for nonqualified withdrawals. Perhaps fund a Roth IRA in years when account owners are not otherwise eligible.
Date and Time
Wed, Mar 20, 2024
5:15p - 5:45p CST