What Is The Maximum 529 Contribution For 2024 In Ny State

What Is The Maximum 529 Contribution For 2024 In Ny State. These limits depend on the state, and range from. Each state sets its own maximum aggregate contribution limit for 529 plans, ranging from $235,000 to over $575,000.

This means your combined contributions toward both plans can’t exceed that amount for each child, or beneficiary. Unlike retirement accounts, the irs does not impose annual contribution limits on 529 plans.