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Get your taxes done using TurboTax
Question, under your CNN referral link to convert 529 to Roth IRA, it mention "The 529 plan must be under the beneficiary’s name for a minimum of 15 years". The only beneficiary is my daughter and is over 15 years, so she is qualified. But, can I add myself as beneficiary now and qualify for that, or I have to wait until 15 years later to qualify? And, by any chance do you know, "The lifetime 529 to Roth IRA rollover limit is $35,000", is it per account or per beneficiary? Thanks.
January 10, 2024
5:42 AM