or (5) of section 3(b) of the 401Kids Savings Account Act of 2024 (including any gain or loss attributable thereto). (B) Death of account beneficiary In the event the individual on whose behalf a 401Kids Savings Account under a 401Kids Account Program is established dies before attaining age 18— (i) any amounts attributable to deposits under paragraph (4) or (5) of section 3(b) of the 401Kids Savings Account Act of 2024 (including any gain or loss attributable thereto) shall be returned to the Treasury, and (ii) the successor owner or beneficiary of the account shall withdraw all amounts not returned under subparagraph (A) not later than the last day of the calendar year after the calendar year in which the death occurs. Amounts withdrawn pursuant to this subparagraph shall not be included in gross income of the deceased individual or the successor owner or beneficiary to the extent such amounts are attributable to contributions to the account (and not to gain attributable thereto). . (b) Conforming amendments (1) Reports Paragraph (1) of section 529(d) of the Internal Revenue Code of 1986 is amended by inserting , including a 401Kids Account Program under such qualified tuition program, after the qualified tuition program . (2) Reports regarding rollover distributions Paragraph (2) of section 529(d) of such Code is amended— (A) by striking subsection (c)(3)(E) and inserting subsection (c)(3)(E) or (f)(4)(C) , (B) by striking Roth IRA and inserting Roth IRA or ABLE account , (C) by striking the qualified tuition program and inserting the qualified tuition program or 401Kids Account Program , and (D) by striking subsection (c)(3)(A) and inserting subsection (c)(3)(E) or (f)(4)(C) . (3) Qualified use Clause (i) of section 529(c)(3)(C) of such Code is amended— (A) by striking or at the end of subclause (II), (B) by redesignating subclause (III) as subclause (IV), (C) by inserting after subclause (II) the following new subclause: (III) to a 401Kids Savings Account under a 401Kids Account Program established on