Pa 529 Max Contribution 2024. There is no minimum initial or subsequent contribution amount for either pa 529 plan. Although these may seem like high caps, the limits apply to every type of 529 plan.
Instead, limits are based on aggregate. 529 plan aggregate contribution limits by state.
In 2024, You Can Contribute Up To $18,000 Per Beneficiary Per Year Before Youโd Need To File Irs Form 709.
Contribution limits for 529 plans range from around $235,000 on the low end to more than $550,000 per beneficiary.
Individuals May Contribute As Much As $90,000 To A 529 Plan In 2024 ($85,000 In 2023) If They Treat The Contribution As If It Were.
Good news, while there is a maximum aggregate 529 plan contribution limit, there is no annual 529 plan contribution.
Pa 529 Max Contribution 2024 Images References :
The Pa State Income Tax Deduction For 529 Contributions Is Available To Any Pa Taxpayer, Making Gift Contributions An Attractive Benefit For Family Members Or Friends.
529 plans have high contribution limits,.
What Is A 529 Plan?
Good news, while there is a maximum aggregate 529 plan contribution limit, there is no annual 529 plan contribution.