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

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   What’s the contribution limit for 529 plans in 2024? ... In 2024, you can contribute up to $18,000 per beneficiary per year before you’d need to file IRS Form 709.

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

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

   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 ...

4. 529 plan vs. Roth IRA: Here’s how families can use both to ...

   www.aol.com/finance/529-plan-vs-roth-ira...

   In addition, the contribution limits can be higher for 529 plans than they would be for an IRA. ... $7,000 in 2024 – and an extra $1,000 catch-up contribution for those 50 and older.

5. 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 for adults under 50) or the recipient's actual earnings during that year.

6. My wife and I saved up $73,000 in 529 college savings plans ...

   www.aol.com/finance/wife-saved-73-000-529...

   As of 2024, you may be allowed to roll over up to $35,000 in unused funds from your 529 plan into a Roth IRA account for the beneficiary — the idea being that these unused funds can help ...

7. 529-To-Roth IRA Rollovers: What You Need To Know

   www.aol.com/529-funds-now-rolled-roth-123846033.html

   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 ...

8. How My 529 College Savings Plan Worked For Me

   www.aol.com/finance/529-college-savings-plan...

   “Beyond this, starting Jan. 1, 2024, up to $35,000 in unused 529 funds can be rolled over to a Roth IRA for the 529 plan beneficiary subject to annual Roth IRA contribution limits and other ...

9. Do You Make $145K? The IRS Has Delayed New Catch-Up ... - AOL

   www.aol.com/good-news-people-145k-irs-113000266.html

   The agency delayed implementing a new rule that would have required catch-up contributions made by people earning over $145,000 to be directed into an after-tax Roth account. ... in 2024, any ...