Starting in 2024, you can roll up to $35,000 from a #529 into a #Roth individual retirement account, which can jumpstart tax-free retirement savings for young investors, all while taking advantage of today's historically low tax rate. But opening a 529, as Peter Richon with Richon Planning explains to Erin Kennedy, isn't right for everyone. In this video, Peter lays out the pros and cons, and suggests other accounts you should consider maxing out first. If you'd like to learn more about opening a 529 for your child or grandchild, or if you'd like to talk through other strategies to help fund higher education, please feel free to reach out to Peter by calling (919) 300-5886 or by visiting
www.RichonPlanning.com #College #CostofCollege #Retirement #TaxFree
