529 Contribution Limits 2024 Irs. The existing roth ira contribution rules for the beneficiary still appear to apply*, including total annual contribution limits, and earned income requirements. “starting in 2024, the secure 2.0 act allows savers to roll unused 529 funds into the beneficiary’s roth ira without a tax penalty,” says lawrence sprung, author of financial.
— 529 contribution limits are set by states and range from $235,000 to $575,000. The irs views contributions to 529 plans as gifts.