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Here are the aggregate 529 plan contribution limits for each state, listed alphabetically: ... not all 529 plans are equal. It's important to compare fees and investment options if you're thinking ...
529 college savings plans are operated by the states, which means that each state can set its own aggregate contribution limit. In simple terms, this is the maximum total amount of money that can ...
Best 529 plans. These state plans offer college savers a solid combination of low costs, good benefits and a proven track record of investment performance. ... and each state’s plan will explain ...
The 529 plan for the state in which one is domiciled may have higher fees (expense ratios) – which are not required to be disclosed in marketing materials and can range from under 0.4% to more than 1.1% – than the plans of other states. For example, a 529 plan in which $2,000 is deposited each year for 18 years would accumulate over $4,000 ...
But while there’s no federal cap, many states have set their own aggregate limits on the total amount you can contribute to a single beneficiary’s 529 plan. These state-imposed caps range from ...
You — along with family members and friends — can contribute to the 529 plan each year by depositing money in the account. Annual contribution limits vary, ranging from $235,000 in Georgia and ...