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

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

   To take advantage of this new option, families with 529 plans must adhere to the following rules: The 529 plan must be open for at least 15 years before attempting the 529-to-Roth rollover.

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

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

   If you withdraw the money for non-qualified expenses, then those withdrawals are subject to taxes — plus, there’s a 10% IRS penalty on top of that (though there are a few exceptions to the ...

4. Are 529 College Savings Plans Tax Deductible?

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

   Ohio -Maximum deduction of $4,000 per beneficiary per year ... The 529-plan-to-Roth-IRA rules say that you have to have had the 529 account for at least 15 years, and you can only convert funds ...

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

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

   Thanks to new rules set out in the Setting Every Community Up for Retirement Enhancement (SECURE) 2.0 Act of 2022, unused 529 funds can be transferred to the 529 beneficiary’s Roth IRA account.

6. Worried About Excess Funds in a 529 Plan? This Rule Could ...

   www.aol.com/worried-excess-funds-529-plan...

   Unused funds in a 529 plan can now be used to jump-start a child's retirement savings. ... this presents a problem because there are penalties for using money in 529 plans for non-educational ...

7. How to pick the best 529 plan - AOL

   www.aol.com/finance/pick-best-529-plan-173608708...

   In addition, new changes as part of 2022’s SECURE Act 2.0 allow money in a 529 plan to be rolled over to a Roth IRA in the name of the 529’s beneficiary as long as the account has been open at ...

8. What Is a 529 Plan? Everything You Need to Know - AOL

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

   A 529 plan is a college savings plan that provides tax advantages when used for qualifying purposes. ... The IRS will waive the early withdrawal penalty if you’re younger than 59 1/2 and use the ...

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

   www.aol.com/pros-529-rollover-roth-ira-134901365...

   Withdraw Funds from The 529 Plan: The funds need to be withdrawn from the 529 plan. Deposit Funds into The Roth IRA : Within 60 days, to avoid penalties, deposit these funds into a Roth IRA .