15.02.2025 14:33:00

Here Are the 10 States With the Highest Aggregate Contribution Limits for 529 Plans

529 college savings plans are operated by the states, which means that each state can set its own aggregate contribution limit.In simple terms, this is the maximum total amount of money that can be contributed to a 529 plan on behalf of a particular beneficiary. And as you'll see, in many cases these limits are rather high. Plus, they don't include investment returns generated in the account, so it's entirely possible to have far more money in a 529 plan than the contribution limit by the time the beneficiary is ready to go to college.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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