Max Contribution For 529 2024

Max Contribution For 529 2024. In 2024, you can give up to $18,000 per person without impacting your lifetime gift tax exemption. This means all earnings in your account are reinvested, not depleted by taxes.


Max Contribution For 529 2024

Annual contributions over $18,000 must be reported to the irs. Instead, the amount you can contribute is maxed out at a total contribution for a single beneficiary, depending on what plan you invest in.

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