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2. My wife and I saved up $73,000 in 529 college savings plans ...

   www.aol.com/finance/wife-saved-73-000-529...

   Can we still use the 529 plans without penalty? Vawn Himmelsbach. December 26, 2024 at 7:12 AM. ... And can they withdraw or transfer the funds without incurring a big penalty?

3. Are 529 College Savings Plans Tax Deductible?

   www.aol.com/529-college-savings-plans-tax...

   Tax Treatment of 529 Plan Contributions. California. No deduction or credit. Illinois. ... While Roth IRA owners typically have to be age 59.5 before they can begin making penalty-free withdrawals ...

4. You can now move any money left over in your 529 college ...

   www.aol.com/finance/now-move-money-left-over...

   Thanks to new rules set out in the Setting Every Community Up for Retirement Enhancement (SECURE) 2.0 Act of 2022, unused 529 funds can be transferred to the 529 beneficiary’s Roth IRA account.

5. Why Unused 529 Plan Funds Might No Longer Be a Concern With ...

   www.aol.com/why-unused-529-plan-funds-070000800.html

   The 529 plan must be open for at least 15 years before attempting the 529-to-Roth rollover. And funds deposited in the last five years and their associated interest are not eligible for this transfer.

6. 529 Plan Withdrawals: Here’s Everything You Need to Know - AOL

   www.aol.com/news/529-plan-withdrawals-everything...

   After years of investing in your children’s college education, you’re ready to reach into your 529 college savings plan and send your kid off to the best years of his or her life. But while ...

7. Should I convert my IRA into a 529 plan? - AOL

   www.aol.com/finance/convert-ira-529-plan...

   Alternatives to 529 plans without using an IRA. ... There’s no penalty when you withdraw money, but you won’t enjoy any tax benefits as you would with a 529. Plus, earnings are subject to ...