Margo Sarette

Iowa 529 2024 Max. Since each donor can contribute up to $18,000 per beneficiary, a married couple can. Nearly every state offers a 529 savings plan, but each sets a maximum contribution limit.

Maximums by state, gift tax exclusion, and more. For iowa residents, annual contributions of up to $5,500 per beneficiary per taxpayer may be deductible from iowa taxable income in 2024 (adjusted annually for inflation).