Contribution Limit For 529 2024 . Maximum 529 plan contribution limits. More people will be able to make contributions to roth.
You can contribute as much as you’d like to a 529 plan per year, but there are some caveats. Beneficiaries are allowed to roll over up to $35,000 over their lifetime into a roth ira in their name (not the original 529 account holder’s name).
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2024 529 Contribution Limits What You Should Know MyBikeScan , “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.
