Indiana 529 Contribution Limits 2024. 529 plan aggregate contribution limits by state. Indiana offers a 20% tax credit worth up to $1,500 ($750 for married filing.
Unlike retirement accounts, the irs does not impose annual contribution limits on 529 plans. However, federal law allows only a certain amount of money to be contributed each year.
Maximum Aggregate Plan Contribution Limits Range From $235,000 To $529,000 (Depending On The State), But Such Limits Generally Do Not Apply Across States.
Currently, the credit is equal to 20% of the.
Since 401(K) Contribution Limits Typically Increase Each Year, The Contribution Limits For 2023 Are Slightly Lower.
Since each donor can contribute up to $18,000 per.
Indiana Offers A 20% Tax Credit Worth Up To $1,500 ($750 For Married Filing.
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20% On Up To $5,000/Yr;
The aggregate 529 contribution limit varies across states from $235,000 to greater than $550,000, with the threshold set to ensure that potential costs for higher.
However, Federal Law Allows Only A Certain Amount Of Money To Be Contributed Each Year.
Since 401(k) contribution limits typically increase each year, the contribution limits for 2023 are slightly lower.