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re: Beginner investors. My 2 teen kids.
Posted on 4/5/23 at 10:05 am to lsugorilla
Posted on 4/5/23 at 10:05 am to lsugorilla
529 now has more flexibility and can be rolled to a Roth IRA without penalty as of this year. So they can contribute (age?) and take the deductions and then roll it to a Roth later.
Plus you/they can put in more than the $6000 a year limit. Then roll it over.
Plus you/they can put in more than the $6000 a year limit. Then roll it over.
This post was edited on 4/5/23 at 10:08 am
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