2025 529 Contribution Limits Married Filing Jointly

2025 529 Contribution Limits Married Filing Jointly. 529 Plan Contribution Limits 2024 Missouri Kevyn Merilyn (HSAs) 2024 2025 Maximum contribution limit Single $4,150 $4,250 Family $8,300 $8,750 Catch-Up (age 55 by the end of the year) $1,000 $1,000 Minimum annual deductible. In Massachusetts, residents may only deduct up to $1,000 ($2,000 for married persons filing jointly) per year of 529 plan contributions from Massachusetts taxable income

529 plan contributions, per individual $19,000 per year before gift tax 529 plan contributions, In 2025, you can gift up to $19,000 (or if you're married and file taxes jointly, up to $38,000) per recipient without those contributions counting toward your lifetime gift tax exemption

529 Plan Contribution Limit 2025 John Morris

Married filing jointly or qualifying surviving spouse — $29,200 people ages 60 to 63 have increased catch-up contribution limits Each state sets 529 plan contribution limits, which range from $235,000 to $575,000.

Max 529 Contribution 2024 Allyn Lorilee. You can view a list of each state's income tax benefit limits here. to taxation if contributions are more than $19,000 per year or $38,000 for married couples filing jointly.

529 Contribution Limits 2024 Irs Rasla Cathleen. Married filing jointly or qualifying surviving spouse — $29,200 people ages 60 to 63 have increased catch-up contribution limits