# Indiana HB 1241: Roth IRA rollover of 529 account balance.

Indiana HB 1241, Roth IRA rollover of 529 account balance., is a Second Regular Session 124th General Assembly (2026) House bill sponsored by Dave Hall (Republican); status failed, last action 2026-01-12 (Representative Greene added as coauthor) (as of 2026-11-01).

- Canonical: https://policyrisk.com/state-bill/IN-HB1241-2026
- As of: 2026-11-01
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Indiana HB 1241
- State: Indiana
- Session: Second Regular Session 124th General Assembly (2026)
- Title: Roth IRA rollover of 529 account balance.
- Status: failed
- Chamber: House
- Introduced: 2026-01-05
- Last action: 2026-01-12, Representative Greene added as coauthor
- Sponsor: Dave Hall (Republican)
- Cosponsors: 3
- Subjects: ways and means
- Touches household money: no
- Economic provisions PRIA read: 0

## Summary

Designates as a qualified withdrawal for Indiana529 plan (529 plan) purposes a withdrawal of funds from the 529 plan in order to make a contribution to a Roth IRA, pursuant and subject to the limitations of the federal SECURE 2.0 Act. Requires the Indiana education savings authority to coordinate with the treasurer of state in the administration of contributions to 529 plans.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Dave Hall (Republican), House
- Cosponsor: Kyle Pierce (Republican), House
- Cosponsor: Robb Greene (Republican), House
- Cosponsor: Timothy O'Brien (Republican), House

## Actions (5)

- 2026-01-12: Representative Greene added as coauthor (House)
- 2026-01-08: Representative O'Brien added as coauthor (House)
- 2026-01-05: Coauthored by Representative Pierce K (House)
- 2026-01-05: Authored by Representative Hall (House)
- 2026-01-05: First reading: referred to Committee on Ways and Means (House)

## Bill text

- Introduced House Bill (H): [PDF](https://api.iga.in.gov/2026/bills/HB1241/versions/HB1241.01.INTR?format=pdf)

## Related bills

- HB 1266: Department of education and education matters. (signed)
- HB 1277: Health and human services matters. (signed)
- HB 1210: Department of local government finance. (signed)
- HB 1249: Various criminal law matters. (signed)
- HB 1200: Bureau of motor vehicles. (signed)
- HB 1115: Homeowners association governance. (signed)

## Sources
- [Introduced House Bill (H) (PDF)](https://api.iga.in.gov/2026/bills/HB1241/versions/HB1241.01.INTR?format=pdf)

## Related
- [HB 1266: Department of education and education matters.](https://policyrisk.com/state-bill/IN-HB1266-2026)
- [HB 1277: Health and human services matters.](https://policyrisk.com/state-bill/IN-HB1277-2026)
- [HB 1210: Department of local government finance.](https://policyrisk.com/state-bill/IN-HB1210-2026)
- [HB 1249: Various criminal law matters.](https://policyrisk.com/state-bill/IN-HB1249-2026)
- [HB 1200: Bureau of motor vehicles.](https://policyrisk.com/state-bill/IN-HB1200-2026)
- [HB 1115: Homeowners association governance.](https://policyrisk.com/state-bill/IN-HB1115-2026)
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Source: PRIA, https://policyrisk.com/state-bill/IN-HB1241-2026 (as of 2026-11-01).