2024 529 Contribution Limits Over 50. Starting in 2024, that limit will be indexed to inflation, meaning it could. In 2024, you can contribute up to $18,000 per beneficiary per year before you’d need to file irs form 709.

The 529 plan must have been active for at least 15 years, and the rolled over funds must have been in the account for at least five years. In 2024, you can contribute up to $18,000 per beneficiary per year before you’d need to file irs form 709.