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2. How to Change the Beneficiary of Your 529 Plan - AOL

   www.aol.com/change-beneficiary-529-plan...

   Reasons to Change Your 529 Plan Beneficiary. A 529 plan, named after Section 529 of the Internal Revenue Code, is a tax-advantaged savings plan designed to encourage saving for future education costs.

3. How to roll over a 529 plan to a Roth IRA

   www.aol.com/finance/roll-over-529-plan-roth...

   The owner of a 529 plan can change the beneficiary to an eligible individual easily enough by contacting the plan’s administrator. “Unused dollars for education can now fund retirement – tax ...

4. You can now move any money left over in your 529 college ...

   www.aol.com/finance/now-move-money-left-over...

   The maximum amount that can be rolled over into a Roth IRA from a 529 plan is $35,000 per beneficiary, per account. But, for 2024, the total contribution can’t exceed $7,000 per beneficiary ...

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

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

   If you have more than $35,000 left in the account after paying for the beneficiary's schooling and doing the Roth IRA transfer, you can either choose to withdraw the remaining funds with a penalty ...

6. How My 529 College Savings Plan Worked For Me

   www.aol.com/finance/529-college-savings-plan...

   “Beyond this, starting Jan. 1, 2024, up to $35,000 in unused 529 funds can be rolled over to a Roth IRA for the 529 plan beneficiary subject to annual Roth IRA contribution limits and other ...

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

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

   Section 126 of the bill amends the Internal Revenue Code so that beneficiaries of 529 plans can roll over funds from their 529 accounts to Roth IRAs tax and penalty free, effective for ...

8. 6 Ways You Can Use 529 Plans for College Expenses, And 1 Way ...

   www.aol.com/6-ways-529-plans-college-092900650.html

   Benefactors could already change the beneficiary of a 529 account to a qualifying family member at any time. However, the ability to roll over 529 plans to a Roth IRA account serves as another ...

9. 529 plan vs. Roth IRA: Here’s how families can use both to ...

   www.aol.com/finance/529-plan-vs-roth-ira...

   And thanks to another recent rule change, beneficiaries can use a 529 plan to pay off student loans for themselves and siblings, up to $10,000 each. Investment options are limited in a 529 plan