529 Limits 2024 Anno

529 Limits 2024 Anno. The maximum deduction on contributions made to an edvest 529 plan for the 2024 tax year is: Each state sets 529 plan contribution limits, which range from $235,000 to $575,000.

Beginning in 2024, 529 account owners can roll over up to $35,000 of unused 529 funds to a roth ira for the beneficiary of the 529 plan — without incurring the 10% penalty for. Learn about the contribution and account balance limits on 529 plans and the difference in contribution limits among states.