When you leave an employer for non-retirement reasons, for a new job, or just to be on your own, you have four options for your 401(k) plan: Roll the assets into an individual retirement account (IRA)...
Tag: rollovers
New Law Allows Tax-Free 529 Rollovers to Roth IRAs
secure act 529 Using a 529 plan to save for a child’s education comes with a lot of advantages. All earnings generated by the after-tax investments are tax-free for qualified educational expense...
Tax-free rollovers from 529 plans to Roth IRAs may be allowed in 2024
Maskot | Maskot | Getty Images Americans who save for college in 529 plans may soon have a way to rescue unused funds while keeping their tax benefits intact. A $1.7 trillion government funding bill p...