Maximum 529 Contribution 2024 Illinois 2024. The 529 account must have been open for more than 15 years.  โ€” 529 contribution limits are set by states and range from $235,000 to $575,000.


Maximum 529 Contribution 2024 Illinois 2024

The aggregate maximum account balance limit for accounts for a beneficiary in the program and in other illinois section 529 programs is $500,000. You can contribute as much money as you want, but there are tax incentives to stay within the gift tax limits.

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