Ira/529 plan rollover

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  • FFARRONE
    Junior Member
    • Mar 2019
    • 1

    #1

    Ira/529 plan rollover

    CLIENT WITHDRAWS FUNDS FROM A IRA AND DEPOSITS IT INTO 529 PLANS FOR HIS GRANDCHILDREN. iS THE WITHDRAWAL CONSIDERED A ROOLOVER FROM HIS IRA ?
  • Lion
    Senior Member
    • Jun 2005
    • 4699

    #2
    No. It did not go into a qualified retirement plan.

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