Converting 529 To Roth Ira In 2024 Pdf. But converting early in retirement — while your income is lower — could reduce your upfront tax bill. Effective in 2024, beneficiaries of 529 college savings accounts may transfer unused funds directly to a roth ira.
Starting in 2024 — thanks to secure 2.0, a slew of measures affecting retirement savers — families can roll unused money from 529 plans over to roth. A new provision allows money saved in a 529 plan to be converted.
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