Max Iowa 529 Contribution 2024. In 2024, individuals can gift up to $18,000 in a single 529 plan without those funds counting against the lifetime gift tax exemption amount. New rules for 529 college savings plans have gone into effect for 2024.
In 2024, individuals can gift up to $18,000 in a single 529 plan without those funds counting against the lifetime gift tax exemption amount. Most experts expected that a new rule, which allows money saved in a 529 college savings plan to roll into a roth individual retirement account, would help increase interest.
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