529 plans to Roth, 15 year rule
Looking for clarification on the 15 year rule:
Is the 15 year by a specific beneficiary or can the 15 years be accomplished even if the beneficiary has changed over that time?
Looking forward, does changing the beneficiary now reset the 15 year clock?
thank you
Permalink Submitted by Alan - IRA critic on Thu, 2024-02-29 22:29
No one knows until the IRS clarifies this along with other undetermined questions about Sec 126 of Secure 2.0.