Max Contribution To 529 Plan 2024

Max Contribution To 529 Plan 2024. Contribution limits for 529 plans range from around $235,000 on the low end to more than $550,000 per beneficiary. In 2023, you can contribute up to $17,000 to a 529 plan ($34,000 as a married couple filing jointly) and qualify for the annual gift tax exclusion, which lets you avoid the gift tax.

You can contribute as much as you’d like to a 529 plan per year, but there are some caveats. This is an aggregate contribution limit, meaning the maximum total can be contributed to a single.