Max 529 Contribution 2024 Wi. The maximum deduction on contributions made to an edvest 529 plan for the 2024 tax year is: Instead, limits are based on aggregate contributions and controlled by states.
But while there’s no federal cap,. One of the many benefits of 529 plans is there is no federal limit on the amount you can contribute.
Currently, You Can Contribute Up To $330,000 To Your Wisconsin 529 Plan.
The maximum deduction on contributions made to an edvest 529 plan for the 2024 tax year is:
Or $2,500 Per Beneficiary For Married Couples Filing Separate.
Contribution limits for 529 plans range from around $235,000 on the low end to more than $550,000 per beneficiary.
Max 529 Contribution 2024 Wi Images References :
But While There’s No Federal Cap,.
One of the many benefits of 529 plans is there is no federal limit on the amount you can contribute.
Starting In 2024, 529 Plan Beneficiaries Can Roll Over Up To $35,000 To A Roth Ira Over Their Lifetime.
The reduction is available to anyone who makes contributions during the tax year, regardless of whether they are the account owner or their relationship to the beneficiary.