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From 2024, 529 plan funds can be converted to a child's Roth IRA

There are a few catches. "There is a $35,000 lifetime cap on transfers to a Roth. Rollovers are subject to the annual Roth IRA contribution limit. (The limit is $6,500 in 2023.)...the 529 account must have been open for at least 15 years."
Forbes
2023-01-31 06:14:19