18
Jun
Opening a 529 for Your Child Now Can Even Help With Their Retirement Later on
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A 529 savings plan is often seen as a tool for funding college, but thanks to recent changes, it can also help your child save for retirement. So if you’ve been reluctant to open a 529 savings plan because you’re unsure whether your child will attend college or you’re concerned about having excess money in your account, this rule might offer some peace of mind: funds from 529 savings plans can be rolled over into Roth IRAs. A Roth IRA is known for its special tax benefits–you pay taxes on... Read More



