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21 Jun '23Taking Advantage of New 529 to Roth IRA Rule
Continue readingFunds in a 529 college savings plan can be transferred, or rolled over, into a Roth IRA (a 529-to-Roth IRA transfer) starting next year. Key Points about 529-to-Roth IRA Transfers The 529-to-Roth IRA Transfer Rule Limitations on 529 to Roth IRA Conversions Understanding 529 College Savings Plans How Does the 529-to-Roth IRA Work? An Illustration […]
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17 May '23The Ultimate Guide: Converting US Savings Bonds to a 529 Plan
Continue readingParents can avoid taxes by rolling over savings bonds to a 529 plan. We will discuss how to convert United States savings bonds into a 529 plan, without paying Federal tax on the earnings. If you are a long-time Wealth45 reader, you know we have touted the high interest rates paid on Series I savings […]
