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HB1241Introduced in the House

Roth IRA rollover of 529 account balance.

IntroducedHouse Ways and Means

Introduced by Dave Hall, District 62

What does this bill do?

Plain-English breakdown

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Official description

Roth IRA rollover of 529 account balance. Designates as a qualified withdrawal for Indiana529 plan (529 plan) purposes a withdrawal of funds from the 529 plan in order to make a contribution to a Roth IRA, pursuant and subject to the limitations of the federal SECURE 2.0 Act. Requires the Indiana education savings authority to coordinate with the treasurer of state in the administration of contributions to 529 plans.

Where it stands

Representative Greene added as coauthor

January 12, 2026

How did lawmakers vote?

No recorded vote is available for this bill yet.

Bill history

  1. Coauthored by Representative Pierce K

  2. Authored by Representative Hall

  3. First reading: referred to Committee on Ways and Means

  4. Representative O'Brien added as coauthor

  5. Representative Greene added as coauthor

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