529 College Savings Plan
529 Rollover to Roth IRA
529 plans have been great educational tools to help families save money for college and use that money, tax-free, to pay for college expenses. While the plans are still relatively young, they continue to adapt and get new benefits as the popularity of using these accounts continues to rise. On December 23, 2022, Congress passed a $1.7 trillion federal omnibus spending package that included several new rules. Section 126 of that bill included a provision that amended the Internal Revenue Code.