Roll 529 Into Roth Ira 2024 Date

Roll 529 Into Roth Ira 2024 Date. How to convert a 529 plan to a roth ira. The maximum amount of funds that a 529 plan beneficiary can roll into a roth ira over their lifetime is $35,000.

Starting in 2024, 529 account owners can roll over up to an aggregate lifetime limit of $35,000 from a 529 plan into a roth ira for the benefit of the 529 plan beneficiary. In 2024 unused money in a 529 plan can start to be converted into a roth ira, eliminating one of the defects in the education savings plan.