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thanks to a law passed by Congress you could soon be allowed to move leftover money in a childs 529 College savings account to a retirement plan maybe your child decided not to go to college or they get a scholarship what happens to the leftover money in a 529 College savings account its a fear for many people wanting to start one well depending on what state you live in starting in 2024 you will be allowed to roll over 35 000 into a Roth IRA which is a retirement account now there are very strict rules here which is why I caught up with Robert Farrington from the college investor it is only for the beneficiary not the account owner however you can change the beneficiary on these accounts so lets say you have more than thirty five thousand dollars in the 529 plan well you could do thirty five thousand dollars into one childs Roth IRA then you change the beneficiary and you can put it into another childs or the beneficiary could actually be yourself its important to note that you