529 To Roth Ira 2024 Rules And Regulations. Starting in 2024, there is one more escape valve to a 529—the 529 to roth ira rollover. Starting in 2024, you can roll unused 529 assets—up to a lifetime limit of $35,000—into the account beneficiary's roth ira, without incurring the usual 10% penalty for nonqualified.
Beneficiaries are allowed to roll over up to $35,000 over their lifetime into a roth ira in their name (not the original 529 account holder’s name). Starting in 2024, 529 plan beneficiaries can roll over up to $35,000 to a roth ira over their lifetime.
529 To Roth Ira 2024 Rules And Regulations Images References :
