Indiana 529 Contribution Limits 2024 Over 65

Indiana 529 Contribution Limits 2024 Over 65. The annual rollover limit is subject to roth ira annual contribution limits ($7,000 for 2024; Indiana529 direct makes it easy to keep contributing to your account at whatever pace is right for you and your family.

Additionally, indiana taxpayers who contribute to an indian529 account may be eligible for a 20% state income tax credit of up to $1,500 each year ($750 for married filing. In turn, making large contributions all at once could lead to tax penalties.