Everything You Need To Know About the SECURE Act 2.0
fyi.moneyguy.com
The SECURE Act 2.0 was recently signed into law as part of a spending package passed late last year that included aid for Ukraine, military spending, and banning TikTok on government devices, among many other changes. The portion of the legislation we will cover here represents less than 10% of the total text of the bill. We are focusing on the changes that will affect the most folks. Let’s start with the change everyone has been talking about: the ability to roll 529 assets to a Roth IRA tax-free.
Everything You Need To Know About the SECURE Act 2.0
Everything You Need To Know About the SECURE…
Everything You Need To Know About the SECURE Act 2.0
The SECURE Act 2.0 was recently signed into law as part of a spending package passed late last year that included aid for Ukraine, military spending, and banning TikTok on government devices, among many other changes. The portion of the legislation we will cover here represents less than 10% of the total text of the bill. We are focusing on the changes that will affect the most folks. Let’s start with the change everyone has been talking about: the ability to roll 529 assets to a Roth IRA tax-free.