Rolling 529 Dollars to a Roth IRA — Oblivious Investor

Byadmin

Feb 20, 2024

Due to the SECURE Act 2.0 owners of 529 plans can roll a limited amount of of the 529 money into a Roth IRA. As Allan Roth explains in a recent article, there are several rules to follow, some administrative challenges, as well as a bit of remaining ambiguity in the law.

New to Investing? See My Related Book:

Investing Made Simple: Investing in Index Funds Explained in 100 Pages or Less

Topics Covered in the Book:

Asset Allocation: Why it’s so important, and how to determine your own,

How to to pick winning mutual funds,

Roth IRA vs. traditional IRA vs. 401(k),

Click here to see the full list.

A Testimonial:

“A wonderful book that tells its readers, with simple logical explanations, our Boglehead Philosophy for successful investing.”
– Taylor Larimore, author of The Bogleheads’ Guide to Investing

February 19, 2024

Source link