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Taxpayers can now make penalty-free rollovers from 529 plans to a Roth IRA Under the new rules, grandparent-owned 529 plan accounts will no longer count against the student beneficiary's calculations for federal financial aid.
New 529 Plan Rules 2025 Sonny Elianora 529 plans are a popular way for grandparents to save for college, and for good reason With a 529 plan, you can build an educational legacy for your grandchild while taking advantage of tax and estate planning benefits The most significant tax implications are positive for the beneficiary
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