BONUS GUIDE: 529-to-Roth-IRA Transfer
A special guide for premium subscribers
🧸What about the extra?
529 Plan Accounts are a great tool to save for your child’s college but what if they don’t go to college? What if you save too much? Recent federal legislation cleared the way to allow excess 529 funds to be transferred to a Roth IRA but there are a lot of nuances you need to know about first including a surprisingly long time that the account needs to be open! Check out today’s flowchart that helps you understand if your child’s 529 plan account is (or will be) eligible for a Roth IRA transfer.
