Max Iowa 529 Contribution 2024 Calculator

Max Iowa 529 Contribution 2024 Calculator. 529 contribution limits are affected by education costs as well as federal gift tax laws. The iowa 529 plan is called college savings iowa that can help you save for college and offers a tax deduction for contributions.

 — 529 contribution limits are set by states and range from $235,000 to $575,000.  — recent state legislation has increased the tax deduction amount up to $5,500 for contributions to iowa’s two 529 plans, college savings iowa and the iadvisor 529.