Iowa 529 Plan Contribution Limits 2024 Income. If you are an account owner and also an iowa taxpayer, you can deduct up to $5,500 of your contributions per beneficiary account, including. If a participant (saver) is an iowa taxpayer, they can deduct up to $5,500 in contributions per beneficiary account from their state income taxes in 2024.
Generally, 529 plan balances can grow until you hit five yearsโ expected education costs, though each stateโs plan has limits. For iowa residents, annual contributions of up to $5,500 per beneficiary per taxpayer may be.
Iowa 529 Plan Contribution Limits 2024 Income Images References :