Max Contribution To 529 2024. Unlike retirement accounts, the irs does not impose annual contribution limits on 529 plans. Although these may seem like high caps, the limits apply to every type of 529.
Good news, while there is a maximum aggregate 529 plan contribution limit, there is no annual 529 plan contribution. In 2024, that amount is $18,000 for an individual, or $36,000 for a married couple splitting the gift.
In 2024, The Annual 529 Plan Contribution Limit Rises To $18,000 Per Contributor.
What is the maximum annual 529 plan contribution limit?
Unlike Retirement Accounts, The Irs Does Not Impose Annual Contribution Limits On 529 Plans.
Annual contributions over $18,000 must be reported to the irs.
Max Contribution To 529 2024 Images References :
Individuals May Contribute As Much As $90,000 To A 529 Plan In 2024 ($85,000 In 2023) If They Treat The Contribution As If It.
Review how much you can save for college in these plans.
In 2024, You Can Contribute Up To $18,000 Per Beneficiary Per Year Before You’d Need To File Irs Form 709.
In 2024, the annual 529 plan contribution limit rises to $18,000 per contributor.
