There is a $35,000 lifetime limit on 529 to Roth IRA rollovers. Forgot to mention it. I don’t anticipate a ton of money left after graduate school, but you never know. Also, that limit should hopefully increase over the next 20 years with inflation, just like IRA and Roth contribution limits do.
Thank you both! We are hard at work saving for this. I also deposit my credit card cash back into their accounts. That adds a small chunk of change each year.
Thank you both! We are hard at work saving for this. I also deposit my credit card cash back into their accounts. That adds a small chunk of change each year.
Statistics: Posted by Therapist Investor — Wed Feb 28, 2024 2:20 am — Replies 3 — Views 409