You Can Use a Section 529 Plan to Fund a Roth IRA
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You Can Use a Section 529 Plan to Fund a Roth IRA
Farmers who have excess funds in a Section 529 Plan can roll part of those funds into a Roth IRA
SECURE Act 2.0 added a new provision that allows excess funds in a Section 529 Plan that were originally intended for education purposes to be rolled over into a Roth IRA for the beneficiary of the Plan.
There are certain rules that must be met:
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