Roll 529 Into Roth Ira 2024 Fidelity

Roll 529 Into Roth Ira 2024 Fidelity. However, each prepaid 529 plan has unique rules that may prevent rolling. Beginning january 2024, the secure 2.0 act of 2022 (the act) provides that you may transfer assets from your 529 account to a roth ira established for the designated.

How to convert a 529 plan to a roth ira. By moving 529 money into a roth ira for your beneficiary, you can give them a head start on saving for retirement, plus a wider array of investment options than is.