2024 529 Contribution Limits In Tally Prime

2024 529 Contribution Limits In Tally Prime. In 2024, the annual 529 plan contribution limit rises to $18,000 per contributor. Each state’s 529 plan vendor sets its own aggregate contribution limit.

This means you can contribute any amount each year, as long as you stay within your state’s maximum aggregate contribution limit. “starting in 2024, the secure 2.0 act allows savers to roll unused 529 funds into the beneficiary’s roth ira without a tax penalty,” says lawrence sprung, author of financial planning made.