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529 Plan Limits 2024 Ny

529 Plan Limits 2024 Ny. In 2024, you can contribute up to $18,000 per beneficiary per year before you’d need to file irs form 709. Review how much you can save for college in these plans.


529 Plan Limits 2024 Ny

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. Ethan gilbert, a partner at rialto wealth management, says that 529 limits for tax breaks in new york are $10,000 per married couple or $5,000 individual annually.

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