A Republican bill with 1 Democratic cosponsor · See the cosponsor
Last activity — Read twice and referred to the Committee on Finance.
In committee
Introduced and handed to a committee in the chamber it started in.
The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.
Its path through Congress
- Introduced
- In Committee
What this bill would do
This bill is known as the ``529 Retirement Enhancement Act of 2026''. It was introduced in the Senate on September 24, 2026, by Mr. Cruz and Ms. Blunt Rochester. The bill proposes an amendment to the Internal Revenue Code of 1986. Its main purpose is to eliminate the aggregate limitation on rollovers from a 529 program to a Roth IRA. These changes apply to distributions made in taxable years beginning after the date of the enactment of the Act.
Yes· 3 of 10
- Scored +4
Would middle-income households be better off under this?
Middle-class families utilizing 529 plans benefit from the elimination of the aggregate rollover cap to Roth IRAs.
- Scored +4
Would high-income households be better off under this?
Higher-income households utilizing 529 education savings plans benefit from the removal of the aggregate rollover cap to Roth IRAs.
- Scored +3
Would people in their twenties and thirties be better off under this?
Young adults benefit from increased flexibility in transitioning unused 529 education savings funds into retirement accounts.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
- Section 2 of the bill eliminates the aggregate limitation on rollovers from a 529 program to a Roth IRA. This change could benefit individuals by removing the overall cap on how much money they can move from a 529 education savings plan into a Roth IRA.
Potential Negative Impacts for People
- The provided text does not contain any specific sections or provisions that mention negative consequences or burdens for individuals or groups of people.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Tap or hover a score for the reason it gave.
- Demographic And Interest Groups
- Would high-income households be better off under this? — Higher-income households utilizing 529 education savings plans benefit from the removal of the aggregate rollover cap to Roth IRAs. Would middle-income households be better off under this? — Middle-class families utilizing 529 plans benefit from the elimination of the aggregate rollover cap to Roth IRAs. Would people with substantial wealth be better off under this? — Individuals with significant assets in 529 plans benefit from the removal of the aggregate cap on tax-advantaged rollovers to Roth IRAs. Would people in middle age be better off under this? — Middle-aged account holders gain greater flexibility to manage excess 529 plan funds by rolling them over into a Roth IRA without an aggregate cap. Would retired people be better off under this? — Retirees or older individuals utilizing remaining 529 funds benefit from the elimination of the aggregate rollover cap. Would students be better off under this? — Students and account beneficiaries benefit from enhanced flexibility regarding the long-term use of 529 education savings. Would people in their twenties and thirties be better off under this? — Young adults benefit from increased flexibility in transitioning unused 529 education savings funds into retirement accounts. Would people over 65 be better off under this? — Seniors helping manage family 529 plans benefit from the removal of the aggregate rollover limit to Roth IRAs.
- Education And Technology
- Does this make college cost less? — Removing the aggregate rollover limit from 529 plans to Roth IRAs reduces the risk of over-saving for college by offering greater flexibility.
- Economy And Finance
- Is this likely to grow the economy? — Eliminating the aggregate cap on 529-to-Roth IRA rollovers encourages increased savings and investment flexibility.
- 9/24/2026
- Read twice and referred to the Committee on Finance.
- 1 Cosponsor added.
- Introduced in Senate
Lisa Blunt RochesterDemocrat · Delaware