Big changes to the 529 education savings plan. It is now allowing you to rollover into a Roth IRA... ( read more )
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Huge Changes to the 529 Plan: Allowing Rollovers into Roth IRA Saving for your child's education has just become a lot more flexible, thanks to the recent massive changes to the 529 plan. Up until now, these tax-advantaged savings accounts were solely dedicated to funding education expenses, but a new provision has opened up the possibility of rolling over unused funds into a Roth IRA, expanding the range of options available to families. This change brings about exciting opportunities for families to secure their child's post-secondary education while also planning for their long-term financial future. A 529 plan, named after Section 529 of the Internal Revenue Code, allows parents, grand
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