I know that I can take money out of a Roth IRA tax free for education expenses and that the money in a Roth IRA grows tax free, so why would I want a 529 instead?

As I understand it, if I convert the rollover into a Roth, I will then have to report the entire amount on my taxes as income the year I do the conversion. So after “x” number of years when I’m ready to start taking money out of my Roth, won’t I get taxed again? Am I setting myself up to let the IRS tax me twice on some of the same money?

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