529 Contribution Limits 2024 Ny. Learn how much you can contribute to a 529 plan for someone's education and how it affects your gift tax exemption. 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.
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. Learn how much you can contribute to a 529 plan per year and per beneficiary, and how it affects your tax benefits and gift tax.