Roll 529 Into Roth Ira 2024 Tax Implications. The 529 plan must be open for at least 15. Starting in 2024, the new provision allows up to a lifetime total of $35,000 to be rolled over from a 529 plan to a roth ira established in the name of the beneficiary.

You’ll even avoid federal income tax and, in most cases. Beginning in 2024, 529 account owners can roll over up to $35,000 of unused 529 funds to a roth ira for the beneficiary of the 529 plan — without incurring the 10%.