 You cannot roll over any contributions or earnings made in the last five years. So there's some key things we need to identify. But for most people, they say, take care of it because we've held the accounts that long. But if you don't want to roll the money over to a Roth, you have some other options. Keep the money in the account or use the funds to make up to $10,000 in payments for qualified student loans for the beneficiary or their sibling.