529 To Roth Ira 2024 Rules In India

529 To Roth Ira 2024 Rules In India. Starting in 2024, you can roll unused 529 plan funds to a roth individual retirement account, without taxes or penalties. Starting in 2024, 529 plan beneficiaries can roll over up to $35,000 to a roth ira over their lifetime.

Conversions from a 529 plan are subject to the roth ira distribution rules. Families may be able to roll over money from a 529 plan to a roth ira owned by the beneficiary of the 529 plan.