Key Points ・Some families use a 529 plan for only the tax benefit, by simply running funds through they'd normally pay for qualifying education benefits, and not investing. ・States like Montana, ...

In cases where a child doesn't go to college, families still have some flexibility in using the funds without paying a withdrawal penalty. A 529 college savings plan allows families to save money ...

In addition, the rules indicate that funds contributed ... you may need to take a 529 plan withdrawal and then make a contribution to the Roth IRA. “You’ll need to make sure you have these ...

But you’ll face income tax and a 10% withdrawal penalty on the earnings portion if you use a 529 on a non-qualified ... Additionally, state rules and considerations apply. If your account ...

Unlike a traditional IRA, which is funded with tax-deferred contributions, a Roth IRA is funded with contributions made on an after-tax basis or through a 529 ... and withdrawal rules so you ...