Irs 529 Contribution Limits 2024. A qualified tuition program (qtp), also referred to as a section 529 plan, is a program established and maintained by a state, or an agency or instrumentality of a state, that. This limit is subject to the annual roth ira contribution limit, which is $7,000 in 2024.

The owner of the roth ira must be the beneficiary of the 529 account, and the 529 plan used must be at least 15 years old before rollovers can occur. 529 plan to a roth ira can not only rescue funds “trapped” as education funding once they are.