6min chapter

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MtoM #201: Financial Planner Becomes a Millionaire and Finance 101: Overfunded 529 Accounts

White Coat Investor Podcast

CHAPTER

Managing Overfunded 529 Plans: Options and Strategies

This chapter explores strategies for effectively managing overfunded 529 plans, focusing on tax implications of withdrawals for non-educational purposes and the option to roll over funds into a Roth IRA. It combines practical advice with personal anecdotes, emphasizing tax-free growth and flexibility in cash flow management for college-related expenses.

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