529 Plan Contribution Limits 2024 Nj. In 2024, you can contribute up to $18,000 per beneficiary per year before you’d need to file irs form 709. You must have a gross income of.
There are no yearly limits to how much you can contribute to a 529 plan. The agreement includes a provision to allow new jersey taxpayers to deduct 529 plan contributions of up to $10,000 per year from state.