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Rolling over EE Savings Bond into 529
I’ve done this once successfully for our 21-year-old child. I wanted to do this once more, but the investment firm is pushing back. I can see that a 529 is a QTP, eligible for contributions from a redeemed bond, when the bond meets the necessary criteria. But nowhere in government instructions can I find reference to a “rollover” from bond proceeds. Is this permitted when the student is over 18?
July 15, 2023
9:39 AM