Ohio 529 Contribution Limit 2024. Unlike retirement accounts, the irs does not impose annual contribution limits on 529 plans. You can contribute as much money as you want, but there are tax incentives to stay within the gift tax limits.

The couple, who have two children, had a 529 plan, worth between $1,001 and $15,000 in 2019, according to a financial disclosure walz filed for his final year as a house representative. Maximum aggregate plan contribution limits range from $235,000 to $529,000 (depending on the state), but such limits generally do not apply across states.