Q: Is it possible to do a Backdoor Roth IRA conversion with a SEP IRA? If yes, how does it work?
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Q: Starting in 2024, if you have a 529 plan you can potentially roll it into a Roth IRA if certain requirements are met. Could the 529 plan also go into a Roth employer plan?
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Q: I am 79, and my regular IRA and Roth IRA (started in 2001) both name my revocable trust as sole beneficiary. My trust has a single beneficiary, my disabled daughter, aged 49, who receives SSDI. At my death, what are the distribution requirements currently? (My daughter cannot manage her own affairs. The trustee would handle the assets.)
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Q: I have been funding a 529 account for over 15 years and no longer need to add deposits.Could I change the beneficiary to myself and then convert to a Roth IRA, assuming I have met the 5-year deposit hurdle as well? Has the government ruled on when the clock starts for the 15 years? Meaning, is it from when you open the account or does it restart when you change the beneficiary?
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