529 To Roth Ira 2024 Transfer. The secure act 2.0 created a new provision allowing 529 to roth ira transfers starting in 2024. In late 2022, the president signed into law a sweeping retirement bill known as secure 2.0, which included a provision allowing qualifying “leftover” funds in a 529.

In late 2022, the president signed into law a sweeping retirement bill known as secure 2.0, which included a provision allowing qualifying “leftover” funds in a 529. But now, with the new rule, beneficiaries can transfer money from a 529 plan to a roth ira without taxes or penalties.