How the 529 to Roth Rollover Lets You Rescue Leftover College Savings

Starting in 2024, a new provision in SECURE Act 2.0 lets families roll unused 529 college savings into a Roth IRA for the beneficiary, up to $35,000 over a lifetime. Lucas and Luna break down exactly how this works: the 15-year account rule, the annual contribution limit trap, the earned-income requirement, and what happens if your kid gets a full ride. They walk through a concrete example — $18,000 left in a 529 after undergrad — and show how a careful rollover strategy can turn that surplus into a tax-free retirement nest egg. Plus a practical warning: the rollover counts toward the beneficiary's annual Roth contribution limit, so you can't double-dip with their regular IRA contributions. If you've been hesitating to open a 529 because you're afraid of overfunding, this rule changes the math. #529Plan #RothIRA #SECUREAct2.0 #CollegeSavings #RetirementPlanning #TaxFreeGrowth #PersonalFinance #FexingoBusiness #BusinessPodcast #Finance #Budgeting #Saving #MoneyManagement #RothRollover #529ToRoth #EducationSavings #TaxStrategy #WealthBuilding Keep every episode free: buymeacoffee.com/fexingo