Rolling 529 Plans Into Roth IRAs

Rolling 529 Plans Into Roth IRAs

M Advisor Podcast: Financial Clarity for Physicians by M Advisor
Mar 30, 2023
13:13

Episode notes

Beginning in 2024, SECURE Act 2.0 will create a path for unused 529 college saving plans to be rolled into Roth IRAs. While this sounds like a great thing, there's a catch -- well, there are a lot of catches. Lots and lots of "red tape" surround this rule. The headline looks great, but how does this work? Learn if this ruling could be beneficial to you. For more information on this topic, feel welcome to read our article: https://www.m-advisor.com/blog/unused-529-plans-can-be-rolled-to-roth-iras

Keywords

financial planning
estate planning
saving
retirement
financial advisor
investments
inheritance
college saving
IRA