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Here are the aggregate 529 plan contribution limits for each state, listed alphabetically: ... Ohio. $541,000. Oklahoma. $450,000. ... as long as no other contributions are made in the five-year ...
Image source: Getty Images. As of 2025, the contribution limits to 529 college savings plans range from a low of $235,000 to a high of $575,000. And here are the states with the highest ...
Here’s a look at how a several states treat 529 plan contributions. State. Tax Treatment of 529 Plan Contributions. ... per year. Ohio-Maximum deduction of $4,000 per beneficiary per year
Some states offer deductions for 529 plan contributions up to certain limits. 529 plan contributions and qualified withdrawals are tax-free. ... Ohio. $4,000 deduction ... contribute more than ...
Here’s what you need to know about 529 plan contribution limits. ... a married couple can contribute up to $38,000 in a single year per child without needing to file Form 709. If you have two ...
For example, in 2018, the IRS expanded the law in 2018 to allow 529 owners to use up to $10,000 per year to pay for tuition at K-12 schools. Pros and Cons of 529 Plans The main attraction of a 529 ...
Unlike with 401(k) plans and other retirement savings vehicles, the IRS does not set annual contribution limits for 529 college savings plans. Instead, the states that sponsor individual 529 plans ...
While there aren’t limits on how much you can contribute each year, most states cap the total amount you can contribute over time. ... annual contribution limit for 2025 is $7,000, so you have ...