2024 529 Contribution Limits Texas

2024 529 Contribution Limits Texas. What is a 529 savings plan?. Starting january 1, 2024, a 529 plan account owner may roll over amounts from their 529 account to a roth ira subject to certain conditions:

A 529 plan is an education savings plan operated by a state or an educational institution and designed to help families set aside funds for college. The 529 account must have been open for more than 15 years.