Max Contribution To 529 2024. For married couples filing jointly, the limit is $36,000. In 2024, you can give up to $18,000 per person without impacting your lifetime gift tax exemption.
529 plans do not have annual contribution limits. The contribution limits for 529 plans generally aren’t discussed that often, for good reason:
You Can Contribute As Much Money As You Want, But There Are Tax Incentives To Stay Within The Gift Tax Limits.
This is an aggregate contribution limit, meaning the maximum total can be contributed to.
Review How Much You Can Save For College In These Plans.
Contribution limits for 529 plans range from around $235,000 on the low end to more than $550,000 per beneficiary.
Max Contribution To 529 2024 Images References :
This Means All Earnings In Your Account Are Reinvested, Not Depleted By Taxes.
Maximum aggregate plan contribution limits range from $235,000 to $529,000 (depending on the state), but such limits generally do not apply across states.
State Plans Don’t Have An Annual Contribution Limit.
529 contribution limits are set by states and range from $235,000 to $575,000.