Can I roll over the proceeds of my education savings bonds into a CollegeAmerica account?
Yes, but you will need to complete a CollegeAmerica account application and provide appropriate documentation, such as a 1099-INT or a written statement from the financial institution that redeemed the qualified U.S. savings bonds, that shows the earnings portion of the transfer. Please consult your tax adviser about the tax consequences of such a transfer.
Related Questions
- Can I transfer a Coverdell Education Savings Account or proceeds from qualified U.S. savings bonds to CollegeAmerica?
- Can I roll over money from an UGMA/UTMA account or Coverdell Education Savings Account into a 529 account?
- Can I roll over the proceeds of my education savings bonds into a CollegeAmerica account?
