Maximum Annual 529 Contribution 2024 In India

Maximum Annual 529 Contribution 2024 In India. 529 contribution limits are set by states and range from $235,000 to $575,000. If you contribute an especially large sum in one year, you may lose eligibility for some tax benefits.

A new law, which became effective january 1, 2024, has made 529 plans an even more attractive way to set money aside for a child’s education. Since each donor can contribute up to $18,000 per beneficiary, a married couple.