Contribution Limit For 529 In 2024. Each state sets its own maximum aggregate contribution limit for 529 plans, ranging from $235,000 to over $575,000. Annual contributions over $18,000 must be reported to the irs.
Be aware that there is a maximum amount of $35,000, as a lifetime limit, that can be rolled from a 529 plan to a roth ira. Unlike retirement accounts, the irs does not impose annual contribution limits on 529 plans.