EP.82 HUGE CHANGES TO IRA'S AND 401 K'S - NEW LAWS IN AFFECT
Directed IRA Podcast
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RMD Requirements for Roth IRAs and 401ks
The rollover from the 529 to the Roth is subject to Roth IRA annual contribution limits with a $35,000 maximum lifetime rollover amount. Starting in 2024, it doesn't apply to your Roth 401k either. The penalties for not taking RMD have been reduced. There's a 50% penalty for missing your RMD that has now been reduced to 25%.
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