Bill
S 3874
Allows distributions from NJBEST account to Roth IRA as qualified withdrawals and excludes such distributions from gross income tax.
2026-2027 Regular Session
Introduced by Tony Bucco and 1 co-sponsor
Bill allows New Jersey residents to transfer NJBEST 529 college savings to Roth IRAs tax-free, redirecting unused education funds to retirement accounts without state income taxation.
Introduced in the Senate, Referred to Senate Higher Education Committee