Home

SECURE 2.0 Act of 2022: Rollovers from 529 Plans to Roth IRAs

Effective January 1, 2024, Account owners may roll money from a Tomorrow’s Scholar® 529 Plan account to a Roth IRA for the benefit of the 529 account beneficiary without incurring federal income tax or penalties (state tax treatment varies). Certain conditions apply as referenced in the Tomorrow’s Scholar Secure 2.0 Flyer, and the IRS is expected to issue additional guidance in 2024 that may impact these rollovers.

Keep Reading
Call_to_action: SECURE 2.0 Act of 2022: Rollovers from 529 Plans to Roth IRAs
Landing_page: Three Ways to Invest
Three Ways to Invest

Personalize the portfolios in your 529 account based on the child’s age, your risk tolerance, or specific investment options.

Call_to_action: College Funding Planner
College Funding Planner

Set and achieve college funding path goals using this easy-to-use interactive 529 Plan calculator.

Landing_page: Start Investing for College
Start Investing for College

Set up your Tomorrows Scholar 529 account. It’s as easy as 1-2-3.

News & Insights

Voya Investment Management announces leadership changes to its investment platforms

June 25, 2025

“Over the past few years as the pace of innovation and change in the investment management industry has accelerated, we have made investments in new capabilities, data, technology and the next generation of leaders to align the depth and breadth of our investment expertise with the needs and objectives of our clients,” said Matt Toms, CEO, Voya Investment Management. “Today’s news is a continuation of this journey and will well position us for continued growth and success.”

Quick Links

New Account Application - Advisor Use Only
New Account Application - Individual Investor Use Only
Maintenance Form
Withdrawal Form
Incoming Rollover Form
Rollover Reimbursement Form
Group 529 Accounts
Our Company

Tomorrow's Scholar is Wisconsin's state-sponsored college savings plan administered by the College Savings Program Board and the State of Wisconsin. Voya Investment Management (Voya IM) provides investment management and administrative services for the Tomorrow's Scholar plan. Shares in the program are distributed by Voya Investments Distributor, LLC. This Web site is accompanied by a current program description for the Tomorrow's Scholar plan.

An investor's or a designated beneficiary's home state may offer state tax or other state benefits such as financial aid, scholarship funds, and protection from creditors that are only available for investments in that state's qualified tuition program. Please consider this before investing.

Earnings component of non-qualified withdrawals may be subject to federal and state taxes and the additional federal 10% tax.

The tax information herein is not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding tax penalties. Taxpayers should seek advice based on their own particular circumstances from an independent tax advisor.

Investments in Tomorrow’s Scholar 529 Plan are subject to certain charges, which will reduce the value of your Account as they are incurred. Please see the Program Description for details of charges or fees that apply to the specific Tomorrow Scholar savings plan.

Investments in Tomorrow’s Scholar 529 Plan are subject to investment risks, including the loss of the principal amount invested, and may not be appropriate for all investors.

Voya Investment Management does not control or endorse and is not responsible for third-party Web sites to which this site links.

Voya Investment Management is not an underwriter for any underlying municipal securities.

An investor should consider the investment objectives, risks, charges and expenses associated with municipal fund securities before investing. More information about municipal fund securities is available in the issuer's Program Description. You may obtain a Program Description by clicking here or calling 866-677-6933. The Program Description should be read carefully before investing.

Voya Investments Distributor, LLC, the distributor of the Wisconsin advisor-sold 529 plans, is registered with the U.S. Securities and Exchange Commission and the Municipal Securities Rulemaking Board (“MSRB”).  The website address for the Municipal Securities Rulemaking Board is www.msrb.org; The MSRB website includes an investor brochure which describes: (i) the protections that may be provided by the Municipal Securities Rulemaking Board rules; and (ii) how to file a complaint with an appropriate regulatory authority.

NOT FDIC INSURED • NO BANK GUARANTEE • MAY LOSE VALUE

Compliance Approval ID# - 4594

Top