Crucial Retirement Decisions You Need to Make by Age
The Rachel Cruze Show
Ramsey Network
4.8 • 3.6K Ratings
🗓️ 7 November 2025
⏱️ 8 minutes
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| 0:00.0 | The retirement process can feel like a lot of hoops to jump through. |
| 0:09.2 | And since this is something that everyone is going to face at some time, I'm going to be sharing |
| 0:14.1 | seven age-specific rules that you need to know when it comes to retirement. |
| 0:19.9 | Be sure to like, subscribe, and share this episode with |
| 0:22.3 | a friend. Okay, so here are some common questions that I get when it comes to retirement, and the |
| 0:27.0 | answers are actually age-specific. Okay, so number one, when can you roll a 529 college fund into a |
| 0:35.1 | Roth IRA retirement account? So this is something that was passed a few years ago, which was wonderful, is that if you have |
| 0:42.2 | money in a 529, you can actually roll some of that money into a Roth IRA. |
| 0:48.1 | A 529 is a college fund, but if you don't use all that money and it's sitting in there, |
| 0:53.2 | you can actually use some of it. |
| 0:55.0 | So if this account has been open for 15 years or more, you can roll up to $35,000 from a $529 into a Roth IRA, |
| 1:06.1 | which is absolutely incredible. |
| 1:07.8 | So remember that. |
| 1:09.4 | And what's important, too, is when you can do that and you can, |
| 1:12.6 | let's say that, you know, your past 21 and maybe your parents have had that open since you were a kid, |
| 1:17.6 | like you can start actually funding your Roth pretty aggressively, which is incredible, |
| 1:21.5 | because compound interest is your friends. Now remember, if you do get scholarships, |
| 1:25.8 | you can actually withdraw the same amount of your |
| 1:28.4 | scholarship from the 529 without the 10% penalty, which is wonderful as well. |
| 1:34.4 | All right. |
| 1:34.7 | Number two, when can you start making catch-up contributions? |
| 1:39.3 | So when you are funding your Roth IRA or your 401K or your traditional IRA, there are limits of how much |
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