Iowa 529 Plan Contribution Limits 2024. If you are an account owner and also an iowa taxpayer, you can deduct up to $5,500 of your contributions per beneficiary account, including rollovers, from your iowa income taxes in 2024. Contribution limits for 529 plans range from around $235,000 on the low end to more than $550,000 per beneficiary.
A 529 plan is a type of investment account you can use to save for qualified education expenses. The maximum contribution limit pertains to each beneficiary.
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