#529 plan

2 stories

#roth ira #college savings #disability documentation #family finance #financial hardship #irs #retirement windfall #senate bill #tax debt #tax penalty #tax-free growth #unlimited rollover

529 Plan Rollovers Could Boost Retirement Savings
A Senate bill removes the $35,000 lifetime cap on 529 plan rollovers to Roth IRAs, potentially turning unused college savings into retirement windfalls.
Kiplinger · 1m
529 Plans and Tax Debt Relief
Parents face tax penalties when withdrawing college savings for non-educational needs.
Slate Magazine · 2m