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

    www.aol.com/finance/529-plan-contribution-limits...

    What’s the contribution limit for 529 plans in 2024? ... This avoids gift tax on $90,000 in 2024 by treating it as if it was contributed over a five-year period. Other contribution and tax ...

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

    www.aol.com/finance/now-move-money-left-over...

    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 ...

    www.aol.com/why-unused-529-plan-funds-070000800.html

    Annual 529-to-Roth transfers are limited to the lesser of the annual Roth IRA contribution limit ($7,000 in 2024 ... do 529-to-Roth transfers over several years if you hope to transfer the full ...

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

    www.aol.com/529-college-savings-plans-worth...

    Annual contribution limits vary, ranging from $235,000 in Georgia and Mississippi to $575,000 in Arizona. ... so any amount over the annual exclusion limit–$18,000 in 2024–is subject to ...

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

    www.aol.com/finance/529-funds-now-rolled-roth...

    So, in practical terms, if we take the 2024 Roth IRA contribution limit of $7,000, it means that it will take at least five years (5 x $7,000) to rollover the entire allowable $35,000. Benefits of ...

  7. How much should you have in your 401(k)? Here's how your ...

    www.aol.com/finance/average-401k-balance-by-age...

    For tax year 2024, you can save as much as $23,000 in your 401(k), with that amount increasing to $23,500 for tax year 2025. ... Keep in mind contribution limits can hold you back from saving as ...

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