Ohio 529 Max Contribution 2024. Nearly every state offers a 529 savings plan, but each sets a maximum contribution limit. The deduction is not limited to the savings plan owner or.
In 2024, individuals can gift up to $18,000 in a single 529 plan without those funds counting against the lifetime gift tax exemption amount. In addition, ohio residents are eligible to deduct up to $4,000 of their 529 plan contributions per beneficiary, per year, from their state of ohio taxable income.
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