Gisele Marney

Maximum 529 Plan Contribution 2024. Limits vary by state and might impact the 529 plan you select. In 2024, you can contribute up to $18,000 per beneficiary per year before you’d need to file irs form 709.

The $2,000 annual maximum is much lower than 529s, which often don’t set limits (varies by state). There is a lifetime maximum limit of $35,000 for transferring funds from a 529 plan account to a roth ira.