My daughters are young. Age 1 and 2. I’ve been contributing to a 529 for each girl since they were born. I anticipate using the 529s to pay for college. However, if they don’t go to college or if money is left over I can potentially roll this money over to a Roth IRA with the new secure 2.0 act starting 1.1.2024.
I am the account owner and my daughters are the beneficiaries. The accounts are individual 529s.
Is the 529 rolled over into my Roth IRA or the beneficiaries’s, my daughters?
I am the account owner and my daughters are the beneficiaries. The accounts are individual 529s.
Is the 529 rolled over into my Roth IRA or the beneficiaries’s, my daughters?
Statistics: Posted by Scubadiver1985 — Thu May 23, 2024 11:43 am — Replies 5 — Views 287