Intelligent Money Minute

Expansion of 529 plans to allow transfers to ABLE accounts The new tax legislation also allows 529 account owners to roll over (transfer) funds from a 529 plan to an ABLE plan without federal tax consequences. This ability to transfer funds will expire at the end of 2025 unless a future Congress acts to extend […] The post How the Tax Cuts and Jobs Act Affects ABLE Accounts appeared first on Intelligent Investing.