529 Limits 2024

529 Limits 2024

529 Limits 2024. Unlike retirement accounts, the irs does not impose annual contribution limits on 529 plans. In 2024, the annual 529 plan contribution limit rises to $18,000 per contributor.


529 Limits 2024

One of the many benefits of 529 plans is there is no federal limit on the amount you can contribute. Starting in 2024, savers can roll unused money from a 529 plan over to a roth individual retirement account free of income tax or tax penalties.

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