topic Does a 529 -individual count as an IRA traditional? in Retirement tax questions https://ttlc.intuit.com/community/retirement/discussion/does-a-529-individual-count-as-an-ira-traditional/01/3133017#M206750 Tue, 10 Feb 2026 09:55:52 GMT laurenbouthiller 2026-02-10T09:55:52Z Does a 529 -individual count as an IRA traditional? https://ttlc.intuit.com/community/retirement/discussion/does-a-529-individual-count-as-an-ira-traditional/01/3133017#M206750 Tue, 10 Feb 2026 09:55:52 GMT https://ttlc.intuit.com/community/retirement/discussion/does-a-529-individual-count-as-an-ira-traditional/01/3133017#M206750 laurenbouthiller 2026-02-10T09:55:52Z Re: Does a 529 -individual count as an IRA traditional? https://ttlc.intuit.com/community/retirement/discussion/re-does-a-529-individual-count-as-an-ira-traditional/01/3133043#M206755 <P>No, a 529 plan is a tuition savings plan. The contributions are not tax deductible like in a traditional IRA account. The tax benefit is that you don't have to pay taxes on the income generated if you use the proceeds of the fund for qualifying education expenses.</P> Thu, 18 Jan 2024 00:52:25 GMT https://ttlc.intuit.com/community/retirement/discussion/re-does-a-529-individual-count-as-an-ira-traditional/01/3133043#M206755 ThomasM125 2024-01-18T00:52:25Z