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2. How to use your 529 plan to pay off student loans - AOL

   www.aol.com/finance/529-plan-pay-off-student...

   The owner of the Roth IRA must be the same as the 529 plan’s beneficiary. After being used to pay down debt, any leftover 529 money could then help kickstart a child’s retirement funding ...

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

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

   The funds must be transferred directly and can’t come from contributions made to the 529 plan in the past five years. The maximum amount that can be rolled over into a Roth IRA from a 529 plan ...

4. What is a 529 plan and how is it used? - AOL

   www.aol.com/finance/529-plan-used-175045824.html

   A 529 plan is a tax-advantaged savings plan that allows you to pay for education expenses. The scope of the 529 plan has increased in recent years to include student loan repayment, apprenticeship ...

5. Can you use a 529 to Pay Student Loans? - AOL

   www.aol.com/news/529-pay-student-loans-220332411...

   As of 2021, 43.2 million U.S. adults owe $1.75 trillion in student loan debt with an average student loan debt of $39,351, according to data review and reporting by EducationData.org. While it can ...

6. 529 plan vs. Roth IRA: Here’s how families can use both to ...

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

   After all, contributions could only be used to pay for educational expenses. But that changed in 2024, as part of SECURE Act 2.0. Now, unused money in a 529 plan can be converted into a Roth IRA ...

7. 4 Common 529 Plan Myths You Need to Know - AOL

   www.aol.com/finance/4-common-529-plan-myths...

   It's important to know exactly how 529 plans work.

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

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

   Parent-owned 529 plans count for up to 5.64% of the parent contribution considered by the Free Application for Federal Student Aid (FAFSA), while grandparent-owned 529 plans don’t negatively ...

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

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

   The 529 Plan is a tax-advantaged savings plan designed to encourage saving for future education costs. The beneficiary of the plan is the individual designated to use the funds for educational ...