Kris Carroll, PhD, CFA, CFP, managing director and financial advisor at Wealth Enhancement Group was quoted by InvestmentNews in Game changer or not, SECURE 2.0 529 rollover rule turns advisor heads.
In Carroll’s view, the biggest beneficiaries are most likely to be wealthy families that have overfunded 529s for young children and now have an easy way to have some money grow tax-free for a very long time. However, he said, that benefit is mitigated by the limits both of lifetime conversion and of annual Roth contributions.
Access Kris’s full commentary in the article written by Gregg Greenberg here.
