How does the new law change affect excess 529 plan funds? In December 2022, SECURE Act 2.0 was signed into law to enhance retirement savings opportunities for Americans.
One of the changes will have a big impact on 529 plans and what can be done with the investments in the plan.
The change will allow 529 plan funds to be moved directly into the plan beneficiary's Roth IRA.
So, what are 529 plans and how can they be used?
On this week's show, we invite Paul Curley of The 529 Plan Conference to share with us the changes and how these may benefit LGBTQ youth and those thinking about retirement.
For the resources and to connect with our guests, get the show notes at: https://queermoneypodcast.com/subscribe
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It's time to create your retirement abroad plan
What if your retirement plan included a backup plan outside the United States?
The Optimize Portugal Golden Visa Fund may give you the opportunity to invest existing IRA assets while also pursuing residency in Portugal for you and your family.
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With political uncertainty growing in the U.S., now is the time to build your Plan B.
The Optimize Portugal Golden Visa Fund may let you invest existing IRA assets while pursuing Portuguese residency for you and your family.
Don’t wait until you need an escape plan to create one. Click below to learn more and request information.
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