529 Rollover To Roth Ira 2024 Contribution Limits

529 Rollover To Roth Ira 2024 Contribution Limits. The first point is the current 401 (k) plan that allows for roth conversions. With the passage of secure 2.0 act, effective 1/1/2024 you may also be eligible to contribute to your roth ira using 529 rollover assets.

The annual roth ira contribution limit for 2023 is $6,500 ($7,500. No contributions or earnings on contributions from the last five years can be transferred;