529 Limits 2024

529 Limits 2024. Unlike retirement accounts, the irs does not impose annual contribution. Contribution limits for 529 plans range from around $235,000 on the low end to more than $550,000 per beneficiary.

The maximum deduction on contributions made to an edvest 529 plan for the 2024 tax year is: The 529 plan must be open for at least 15 years before it can be rolled over into a roth ira and there’s a $35,000 lifetime limit on.