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Subject:  Re: Rolling over Education IRA to 529? Date:  5/11/2013  8:28 AM
Author:  TMFPMarti Number:  118603 of 127616

From the reading I've done online and in reading Pub 970, I thought the answer was 'Yes'.

Thanks for the catch.

You are correct where it matters. The key is that a contribution to a 529 with the same beneficiary as the Coverdell is considered a qualified education expense when determining the taxable portion of a Coverdell distribution. It's not a "rollover," but actually that's a plus since you're not limited by the 60 day rule. You just have to make the contribution in the same year as you took the distribution.

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