Don Sowa's MoneyTalkNew Rollover Options for 529s
The 529 account is a wonderful tool for saving for your child’s education, but often times those funds end up going unused, forcing account holders to incur taxes and penalties on the interest earned. Donna explains an exciting new provision of The SECURE Act 2.0 allowing a portion of unused 529 funds to be rolled over to a Roth IRA under certain circumstances. Also on MoneyTalk, Donna covers more changes introduced in The SECURE Act 2.0, including employer matching contributions for student loan salary deferrals, and pension linked emergency savings accounts.
Host: Donna Sowa Allard, CFP®, AIF®; Air Date: 3/18/2024. Have a question for the hosts? Visit sowafinancial.com/moneytalk-radio to join the conversation!
Host: Donna Sowa Allard, CFP®, AIF®; Air Date: 3/18/2024. Have a question for the hosts? Visit sowafinancial.com/moneytalk-radio to join the conversation!
