The Secure Act 2.0: Transforming Unused 529 Funds into Tax-Free Wealth

Most parents open a 529 plan to pay for college — and that's exactly what it's designed to do. But buried inside the SECURE Act 2.0 is a provision most financial advisors aren't talking about: the ability to roll up to $35,000 from an overfunded 529 directly into your child's Roth IRA, completely tax and penalty free. In this episode, Brian walks you through the five rules you must know to qualify, the real math on how $35,000 in a Roth IRA can grow to over $500,000 tax-free by the time your child retires, and who this strategy makes the most sense for. As a fiduciary financial advisor with 25+ years of experience, Brian gives you the straight story — no fluff, no fine print left out. In this episode you'll discover: The one SECURE Act 2.0 provision changing how parents should think about 529s The 5 qualifying rules you must meet before you can do this rollover Why $35,000 is just the seed — and compound growth does the rest Who this strategy is NOT right for (and what to do instead) Your 5-Minute Challenge to see if your family qualifies today SCHEDULE A DISCOVERY ZOOM: https://calendly.com/brian-d-muller/zoom-discovery-call Get Your Risk Number by taking the FREE RISK ASSESSMENT: https://pro.riskalyze.com/embed/da35a673b96655a2f2b1 Pick up a copy of my book "Momentous Decisions: 7 Steps to Better Health, More Wealth, and a Richer Life" at: https://www.momentouswealthadvisors.com/book CHAPTERS: 00:00 529 Roth Rollover Reveal 01:03 Why Congress Changed It 02:00 The $35K Opportunity 02:55 Rule 1 The 15 Year Clock 03:17 Rule 2 Lifetime Cap 03:39 Rule 3 Annual Limits 04:10 Rule 4 Earned Income 04:39 Rule 5 Five Year Funds 05:19 Real Numbers Olivia Example 06:50 Who Should Use This 08:25 Momentous Decisions Mindset 09:09 5 Minute Action Challenge 09:53 Share And Sign Off WEALTH DECISIONS PLAYLISTS: WEALTH MANAGEMENT: https://www.youtube.com/playlist?list=PLAO9K0wL6xkwapLaG3ZhyhERK7oB7qy4- WEALTH STRATEGIES: https://www.youtube.com/playlist?list=PLAO9K0wL6xkwwr9zEDFde1J_ac11EkQWs FINANCIAL PLANNING: https://www.youtube.com/playlist?list=PLAO9K0wL6xkyavtgSvnOKAFP59pjMSGsb WEALTH DECISIONS on YOU-TUBE: https://to.mysocial.io/s/e2EVRwlOI Brian D Muller(AAMS©), Founder, Wealth Advisor Podcast Disclaimer The Wealth Decisions Podcast is provided solely for general information purposes and should not be construed as accounting, legal, tax, or any other professional advice. Visitors are advised not to act upon the information or content found here without first seeking appropriate guidance from a qualified accountant, financial planner, lawyer, or other relevant professional. Any hypothetical performance is just that, and there is no guarantee that you will receive a specific average rate of return in any examples in this podcast. THE BASICS OF RETIREMENT PLANNING Retirement planning has several steps, with the end goal of having enough money to quit working and live your version of a richer life. My goal is to help people make better wealth decisions along their financial journey so they can retire and stay comfortably retired