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2. 529 plan contribution limits for 2024: What college savers ...

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   A 529 plan is a tax-advantaged way for parents to save for their children’s education expenses. The IRS doesn’t impose a contribution limit on 529 plans, unlike for other tax-advantaged ...

3. You can now move any money left over in your 529 college ...

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   The maximum amount that can be rolled over into a Roth IRA from a 529 plan is $35,000 per beneficiary, per account. But, for 2024, the total contribution can’t exceed $7,000 per beneficiary ...

4. Why Unused 529 Plan Funds Might No Longer Be a Concern With ...

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   Annual 529-to-Roth transfers are limited to the lesser of the annual Roth IRA contribution limit ($7,000 in 2024 for adults under 50) or the recipient's actual earnings during that year. Also, any ...

5. What Is a 529 Plan? Everything You Need to Know - AOL

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   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 ...

6. 529-To-Roth IRA Rollovers: What You Need To Know

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   Starting in 2024, unused 529 funds can be rolled ... You can only roll over up to the annual contribution limit for a Roth IRA or up to the amount of earned income the beneficiary made in a year ...

7. Are 529 College Savings Plans Tax Deductible?

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   The average cost of tuition and fees at four-year private colleges and universities has grown from $34,970 for the 1994-1995 school year to $58,600 for 2024-2025, according to CollegeBoard.