Illinois 529 Contribution Limit 2024

Illinois 529 Contribution Limit 2024. Find each state’s lifetime contribution limit per beneficiary. Benefits of saving with an illinois 529 plan.


Illinois 529 Contribution Limit 2024

Each state’s 529 plan vendor sets its own aggregate contribution limit. Contributions to 529 plans are considered gifts by the irs, with an annual gift tax exclusion amount of $17,000 per recipient in 2024.

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