Bloomberg
People Without Kids Now Utilize 529 Accounts
Friday, August 28, 2026
In 2022, Congress modified rules governing 529 education savings plans to allow individuals without children to contribute to these accounts. The change enables people who have reached annual contribution limits for retirement plans to use 529 accounts as an alternative savings vehicle, with funds transferable to Roth IRAs under the new rules. Bloomberg reported the shift in plan regulations.
