Pa 529 Contribution Limit 2024

Pa 529 Contribution Limit 2024. They range from $235,000 to $575,000. Pa 529 account owners may deduct up to $17,000 (previously $16,000) of contributions to their accounts, or $34,000 (previously $32,000) for couples filing jointly, provided both spouses.

529 plan contribution limits rise to $17,000 in 2023 for those who want to stash as much away for college as they possibly can, it’s worth noting that the annual gift tax. To qualify as a 529 plan under federal rules, plan balances cannot exceed the expected cost of a beneficiary’s qhee.