529 Max Contribution 2024 Ny

529 Max Contribution 2024 Ny. Each state sets an aggregate contribution limit, which is the total amount that can be contributed to a 529 plan for a single beneficiary over the life of the account. Nearly every state offers a 529 savings plan, but each sets a maximum contribution limit.

Contribution limits for 529 plans range from around $235,000 on the low end to more than $550,000 per beneficiary. 529 plans have high contribution limits, which are generally intended to be enough to cover the cost of college.