Recommended

#BTCCOGWEEK: Celebrate the Classics of Meme Coins
Crypto Deposit Make instant crypto transfers to your futures account
USDT-M Perpetual Futures Trade futures contracts settled in USDT
VIP Fee Discounts Enjoy different fee discounts based on your VIP level
Coin-M Perpetual Futures Trade futures contracts settled in cryptocurrency
Fiat Deposit Buy your favourite coins in seconds
Affiliates Invite friends & get rewarded
Convert Covert your crypto instantly
Support Centre Find our FAQs here
Announcements Find all our official announcements
BTCC Academy Learn about blockchain and crypto
News The latest trends in the crypto market

Promotions

Referral
Campaigns
Assets
Crypto Deposit
Fiat Deposit
Convert
Transfer
Withdraw
My vouchers
Fund history
Dashboard
Account Security
Identity verification
API Management
Transaction Report
Log out
Register
Report post
do 529 plans have contribution limits pepe unchain Bnb Eth XRP aave Bitcoin Bonk

How much can you contribute to a 529 plan?

That’s where it can get tricky since the IRS doesn’t specify annual 529 plan contribution limits, and many 529 plans offer high total contribution limits. There is no annual limit, but each state sets the aggregate limit for 529 accounts. The totals vary but could be as high as $550,000.

How much can you deduct from a 529 plan?

In Massachusetts, for example, savers can deduct only $1,000 in 529 contributions ($2,000 for a married couple filing jointly), while in Colorado, the 2023 limit is $20,700 ($31,000 for joint filers). Each state’s 529 plan vendor sets its own aggregate contribution limit.

How much can you contribute to a 529 account in 2024?

However, each state has a different aggregate contribution limit for each 529 account, typically between $235,000 and $550,000. You also might trigger the gift tax if you contribute more than $18,000 to a 529 account or multiple accounts with the same beneficiary in 2024.

Related articles

The World's Leading Crypto Trading Platform

Get my welcome gifts

Exchange for a better future

Products
Services
Guides
About Us
Terms & Agreement
Customer Service
Social Media

Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

The world’s longest-running cryptocurrency exchange since 2011 © 2011 - 2025 BTCC.com. All rights reserved