The 529 Rollover Secret Most Parents Miss

Episode 55 of Personal Finance with Fexingo digs into a little-known 2024 rule change that lets families roll unused 529 college savings into a Roth IRA without penalty. Lucas and Luna walk through the specifics: how much you can move, the 15-year clock, the contribution cap, and why this changes the math for over-saving. They also share a real scenario from a listener named Jenna who turned $15,000 in leftover 529 funds into a retirement head start. If you're saving for a kid's education or wondering what happens to leftover money, this episode gives you a concrete strategy you can use today. #529Plan #RothIRA #CollegeSavings #RetirementPlanning #SECUREAct20 #EducationSavings #TaxAdvantaged #OverSaving #FexingoPersonalFinance #Fexingo #PersonalFinance #Finance #MoneyManagement #Budgeting #Saving #Investing #Podcast #FexingoBusiness Keep every episode free: buymeacoffee.com/fexingo