529 Rollover To Roth Ira 2024 Calculator
529 Rollover To Roth Ira 2024 Calculator. — if you have a 529 plan, or are considering opening one, you’ll likely be interested in a rule that went into effect on january 1, 2024, as part of the secure 2.0. — beginning in 2024, 529 account owners can roll over up to $35,000 of unused 529 funds to a roth ira for the beneficiary of the 529 plan — without incurring the 10%.
A 529 plan must be active for at least 15 years before it’s eligible. See if a roth conversion makes sense for you.
