529 Annual Contribution Limits 2024 Over 50

529 Annual Contribution Limits 2024 Over 50. Each state's 529 plan has a maximum aggregate contribution limit, ranging from $235,000 in mississippi and georgia to $529,000 in california. For distributions in 2024 and later, act section 126 allows beneficiaries of 529 college savings plans to roll over up to an aggregate of $35,000 of excess 529 plan.

For 2024, the contribution limit is $7,000 for individuals under 50 and $8,000 for those aged 50 and older. There are also several other limitations you should.