,
2024 Iowa 529 Contribution Limits

2024 Iowa 529 Contribution Limits. Contributions of up to $5,500 per beneficiary per taxpayer are deductible from iowa taxable income in 2024 (currently adjusted annually for inflation) 4. Recent state legislation has increased the tax deduction amount up to $5,500 for contributions to iowa’s two 529 plans, college savings iowa and the iadvisor 529.


2024 Iowa 529 Contribution Limits

529 plan aggregate contribution limits by state. In 2024, individuals can gift up to $18,000 in a single 529 plan without those funds counting against the lifetime gift tax exemption amount.

2024 Iowa 529 Contribution Limits Images References :

More Details