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2. 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 ...

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. 529-To-Roth IRA Rollovers: What You Need To Know

   www.aol.com/finance/529-funds-now-rolled-roth...

   Starting in 2024, unused 529 funds can be rolled into a Roth IRA tax-free, thanks to the SECURE 2.0 Act, giving families more flexibility with college savings. Starting in 2024, unused 529 funds ...

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

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

   Here are the details on converting a 529 plan to a Roth IRA. ... Pros of converting a 529. Puts stranded 529 funds in a Roth IRA tax-free: This biggest advantage of a conversion is that you can ...

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

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

   Also, any direct Roth IRA contributions to beneficiaries' account will reduce their annual 529-to-Roth transfer limit. For example, if the Roth IRA annual contribution limit is $7,000 and the ...

7. Are 529 College Savings Plans Tax Deductible?

   www.aol.com/529-college-savings-plans-tax...

   State-Specific Tax Deductions for 529 Plans. ... Maximum deduction of $18,000 per beneficiary ($36,000 for married joint filers), per year ... Converting a 529 to a Roth IRA allows the money to ...

8. Do the Pros of a 529 Rollover to a Roth IRA Outweigh the Cons?

   www.aol.com/finance/pros-529-rollover-roth-ira...

   A 529 Rollover to a Roth IRA is a financial strategy where an individual transfers funds from a 529 college savings plan, designed to pay for educational expenses, into a Roth IRA. This is a ...

9. 529 plan contribution limits for 2024: What college savers ...

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

   The IRS doesn’t impose a contribution limit on 529 plans, unlike for other tax-advantaged accounts such as 401(k)s and Roth IRAs, ... When you contribute money to a 529 plan, it’s considered a ...