Taxangel
Level 3
04-25-2020
09:13 AM
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Can the distribution of an IRA to an ABLE account contribution be considered as a non-taxable event?
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Level 15
04-25-2020
09:28 AM
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You can roll a 529 into an ABLE account, but Im not seeing anything about rolling an IRA into an ABLE.
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itonewbie
Level 15
04-25-2020
11:45 AM
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No, there is no exception for that. IRA under 408 and 529/529A have different purposes and are under different subchapters of the Code.
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