Nys 529 Contribution Limits 2025. Contribute up to $90,000 per year (individual) or $180,000 (married filing jointly). 529 contribution limits are set by states and range from $235,000 to $575,000.
There are no fees to open an account in new york’s 529 college savings program direct plan, and there is no minimum contribution amount to get started. You can contribute up to $18,000 per year ($36,000 if married filing jointly) without triggering federal gift taxes.
Tax Benefits For New York State Taxpayers.
Here’s a look at 529 contribution limits for 2024, plus ways.
For More Information About New York's 529 College Savings Program Direct Plan, Download A Disclosure Booklet And Tuition Savings Agreement Or Request One By Calling.
Single taxpayers and married people filing separately can deduct up to $5,000 in 529 plan contributions per year from their state taxable income, and married couples filing jointly.
For More Information About New York's 529 College Savings Program Direct Plan, Download A Disclosure Booklet And Tuition Savings Agreement Or Request One By Calling.
