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  2. Should I convert my IRA into a 529 plan? - AOL

    www.aol.com/finance/convert-ira-529-plan...

    Coverdell education savings account: A Coverdell ESA is a type of investment account where you can choose how to invest your money, offering more flexibility than a 529 account. However, the ...

  3. My wife and I saved up $73,000 in 529 college savings plans ...

    www.aol.com/finance/wife-saved-73-000-529...

    As of 2024, you may be allowed to roll over up to $35,000 in unused funds from your 529 plan into a Roth IRA account for the beneficiary — the idea being that these unused funds can help ...

  4. New bill allows unused 529 college funds to become a ...

    www.aol.com/finance/bill-allows-unused-529...

    There are three major restrictions on 529 plans outlined in Prudential’s Winning the College Savings Race:. You can only change plan investments twice per year. Although you can transfer between ...

  5. 529 plan contribution limits for 2024: What college savers ...

    www.aol.com/finance/529-plan-contribution-limits...

    Finally, starting in 2024, families can roll unused 529 plan funds to a Roth IRA in the beneficiary’s name without triggering income taxes or penalties.This new rule, signed into law as part of ...

  6. Why Unused 529 Plan Funds Might No Longer Be a Concern With ...

    www.aol.com/why-unused-529-plan-funds-070000800.html

    The 529 plan must be open for at least 15 years before attempting the 529-to-Roth rollover. And funds deposited in the last five years and their associated interest are not eligible for this transfer.

  7. Education Savings: Leftover 529 Plan Money Can Roll Over Into ...

    www.aol.com/finance/education-savings-leftover...

    Owners of 529 college savings plans got a potentially lucrative boost from the $1.7 trillion omnibus spending bill that passed in late December, thanks to a measure that allows unused money in the...

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