You can find detailed information about each state's 529 plan below, including the minimum contribution you'll have to make to start an account. We also have a list of 529 contribution …

A 529 plan is a savings account that offers tax-free investment growth and withdrawals for qualified education expenses. State limits are $235,000 to $597,000.

Dec 17, 2025 · States set 529 contribution limits. Annual contributions over the IRS gift tax limit must be reported. The state limits tend to apply per beneficiary.

As the gift giver, you may be able to deduct some or all of your 529 contribution on your state income taxes, depending on where you live and which 529 plan you choose.

Should You Use Credit Card Rewards to Fund a 529 College Savings Account? Cards with college savings benefits are an easy, convenient way to supplement your fund, but don't rely …

Generally, you'll want to take advantage of that tax break by investing in the 529 plan in your state. However, some 529 plans have high enough fees, or a thin investment selection, which …

Opening a 529 plan directly through a state’s college savings website can mean lower fees — and you can often choose from age-based investment plans that automatically adjust the …

This network allows resident students to attend school in other states and pay in-state tuition rates. Through the network, students can qualify for in-state tuition at eligible programs in the ...

Is an UGMA or UTMA account better than a 529? Comparing UTMA or UGMA accounts with 529s or Coverdell education savings accounts (ESAs) can help you narrow down the best option for …

529 plan balances have other rules, one of which is that balances must not exceed the expected cost of the child’s education; that number varies by state.