CONGRESS FOR VOTERS

RepublicanBill · S. 5550· Senate(119-S-5550)

529 Retirement Enhancement Act of 2026

Rep. Cruz
Age: 56 years
Texas
Introduced
9/24/2026
Last activity
9/24/2026 — Read twice and referred to the Committee on Finance.
Sponsored by
Ted Cruz
Cosponsors
Republican - 0Democrat - 1
Taxation
  1. Introduced
  2. 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

  • Would middle-income households be better off under this?+4

    Middle-class families utilizing 529 plans benefit from the elimination of the aggregate rollover cap to Roth IRAs.

  • Would high-income households be better off under this?+4

    Higher-income households utilizing 529 education savings plans benefit from the removal of the aggregate rollover cap to Roth IRAs.

  • Would people in their twenties and thirties be better off under this?+3

    Young adults benefit from increased flexibility in transitioning unused 529 education savings funds into retirement accounts.

The opposite

No question was scored the opposite.