In this episode of Mark’s Money Mind, host Mark Trautman, CFP® discusses his upcoming participation as a case study panelist at the EconoMe Conference. The episode is divided into three segments: a money lesson on creating your own net worth statement, a personal experience with rolling over a 529 plan to a Roth IRA under the new SECURE 2.0 Act provision, and a listener question regarding whether to switch from a traditional 401k to a Roth 401k and considerations for buying a house.  Mark provides a comprehensive breakdown of calculating and interpreting net worth, shares insights from his experience with new legislation affecting 529 plans, and offers thoughtful considerations on Roth 401k contributions and the financial implications of homeownership. Send your questions to [email protected] (put “Podcast Question” in the subject line) Episode Links: EconoMe Conference Charles Schwab Personal Net Worth Worksheet State Income Tax Treatment on 529 Distributions to Roth IRAs Timestamps: 00:00 Introduction and Welcome 00:25 Upcoming EconoMe Conference and Case Study 04:26 Introduction to the Three Parts of the Show 06:03 Deep Dive into the Net Worth Statement 11:31 Understanding Assets in a Net Worth Statement 19:30 Understanding Liabilities in a Net Worth Statement 22:19 Calculating Your Net Worth 28:37 Rolling Over 529 Assets into a Roth IRA 33:44 The Process of Rolling Over Funds from a 529 plan 37:35 The Reality of the Transfer Process 40:10 State Tax Implications of Non-Qualified Distributions 44:37 Listener Question: Roth 401(k) and House Purchase 01:03:25 Closing Remarks and Show Disclaimers _______________ As an Amazon Associate this show earns income from qualifying purchases. Affiliate links do not increase your costs, and we will only link to products or services that we are familiar with and that we feel may deliver value to you. The modest income received from affiliate links helps support the cost of running and managing this show.