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The post How to Change the Beneficiary of Your 529 Plan appeared first on SmartReads by SmartAsset. The beneficiary of the plan is the individual designated to use the funds for educational expenses.
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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 ...
800 -290-4726 more ways ... many states have set their own aggregate limits on the total amount you can contribute to a single beneficiary’s 529 plan. These state-imposed caps range from ...
The act allows the beneficiary of a 529 account to pay off up to a lifetime limit of $10,000 in student loans. The money can be withdrawn and paid to the lender, extinguishing the debt.
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