Coverdell accounts and SECURE 2.0
I see that money held in 529 plans can eventually be converted to a Roth IRA of held for over 15 years and not used for education. Is the same true for money held in Coverdell accounts? I know they aren’t nearly as popular as 529s, but they are still available as an option, correct?
No, this law only applies to 529 plans.