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529 Plan Limits 2024 Florida

529 Plan Limits 2024 Florida. A 529 plan is a savings vehicle designed specifically for higher education expenses. In 2024, you can contribute up to $18,000 per beneficiary per year before you’d need to file irs form 709.


529 Plan Limits 2024 Florida

Nearly every state offers a 529 savings plan, but each sets a maximum contribution limit. Each state manages its own 529 plan limits and potential tax deductions.

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