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Compare 529 Plans by Features
Plan
Maximum contributions
Alabama
The annual contribution limit is currently $17,000 from all sources. If the beneficiary works, the beneficiary can also contribute part, or all, of their income to their ABLE account. This additional contribution is limited to the poverty-line amount for a one-person household. For 2023, this amount is $14,580. The designated beneficiary is not, however, eligible to make this additional contribution if their employer contributes to a workplace retirement plan on their behalf.
Additional contributions to an ABLE account are not permitted if, taking into account the proposed contribution, the ABLE account's balance is or would be greater than or equal to the lifetime account limit, currently $475,000.
Alabama
Accepts contributions until all account balances in Alabama 529 plans for the same beneficiary reach $475,000.
Accepts contributions until all account balances in Alabama 529 plans for the same beneficiary reach $475,000.
Alaska
Accepts contributions until all account balances in Alaska's 529 plans for the same beneficiary reach $550,000.
Alaska
Annual contribution limit is currently $17,000 from all sources. If the beneficiary works, the beneficiary can also contribute part, or all, of their income to their ABLE account. This additional contribution is limited to the poverty-line amount for a one-person household. For 2023, this amount is $14,580. The designated beneficiary is not, however, eligible to make this additional contribution if their employer contributes to a workplace retirement plan on their behalf.
ABLE account beneficiaries can qualify for the Saver's Credit based on contributions they make to their ABLE accounts. Up to $2,000 of these contributions may qualify for this special credit designed to help low- and moderate-income workers.
Account balance limit of up to $475,000 per account owner.
Alaska
Accepts contributions until all account balances in Alaska's 529 plans for the same beneficiary reach $550,000.
The maximum account balance for a beneficiary across all portfolios and accounts is $550,000.
Arizona
Annual contribution limit is currently $17,000 from all sources. If the beneficiary works, the beneficiary can also contribute part, or all, of their income to their ABLE account. This additional contribution is limited to the poverty-line amount for a one-person household. For 2023, this amount is $14,580. The designated beneficiary is not, however, eligible to make this additional contribution if their employer contributes to a workplace retirement plan on their behalf.
ABLE account beneficiaries can qualify for the Saver's Credit based on contributions they make to their ABLE accounts. Up to $2,000 of these contributions may qualify for this special credit designed to help low- and moderate-income workers.
There is also a lifetime account limit of $523,000, at which point no new contributions may be made.
Accepts contributions until all account balances in Arizona's 529 plans for the same beneficiary reach $575,000.
Arkansas
Annual contribution limit is currently $17,000 from all sources. If the beneficiary works, the beneficiary can also contribute part, or all, of their income to their ABLE account. This additional contribution is limited to the poverty-line amount for a one-person household. For 2023, this amount is $14,580. The designated beneficiary is not, however, eligible to make this additional contribution if their employer contributes to a workplace retirement plan on their behalf.
ABLE account beneficiaries can qualify for the Saver's Credit based on contributions they make to their ABLE accounts. Up to $2,000 of these contributions may qualify for this special credit designed to help low- and moderate-income workers.
Account balance limit of up to $366,000 per account owner. Assets can grow beyond $350,000.
Accepts contributions until all account balances in Arkansas' 529 plans for the same beneficiary reach $500,000.
Arkansas
Accepts contributions until all account balances in Arkansas' 529 plans for the same beneficiary reach $500,000.
California
Maximum contributions: Annual contribution limit is currently $17,000 from all sources. If the beneficiary works, the beneficiary can also contribute part, or all, of their income to their ABLE account. This additional contribution is limited to the poverty-line amount for a one-person household. For 2024, this amount is $14,580. The designated beneficiary is not, however, eligible to make this additional contribution if their employer contributes to a workplace retirement plan on their behalf. Account balance limit of up to $529,000 per account owner. Assets can grow beyond $529,000.
California
Accepts contributions until all account balances in California's 529 plans for the same beneficiary reach $529,000.
Colorado
Annual contribution limit is currently $17,000 from all sources. If the beneficiary works, the beneficiary can also contribute part, or all, of their income to their ABLE account. This additional contribution is limited to the poverty-line amount for a one-person household. For 2023, this amount is $14,580. The designated beneficiary is not, however, eligible to make this additional contribution if their employer contributes to a workplace retirement plan on their behalf.
ABLE account beneficiaries can qualify for the Saver's Credit based on contributions they make to their ABLE accounts. Up to $2,000 of these contributions may qualify for this special credit designed to help low- and moderate-income workers.
The assets in an account cannot exceed the account balance limit of $500,000.
Accepts contributions until all account balances in Colorado's 529 plans for the same beneficiary reach $500,000.
Accepts contributions until all account balances in Colorado's 529 plans for the same beneficiary reach $500,000. Once the aggregation of all account balances meets or exceeds this limit, additional contributions are prohibited but the account may still continue to accrue earnings.
Accepts contributions until all account balances in Colorado's 529 plans for the same beneficiary reach $400,000.
Accepts contributions until all account balances in Colorado's 529 plans for the same beneficiary reach $500,000.
Connecticut
Annual contribution limit is currently $17,000 from all sources. If the beneficiary works, the beneficiary can also contribute part, or all, of their income to their ABLE account. This additional contribution is limited to the poverty-line amount for a one-person household. For 2023, this amount is $14,580. The designated beneficiary is not, however, eligible to make this additional contribution if their employer contributes to a workplace retirement plan on their behalf.
ABLE account beneficiaries can qualify for the Saver's Credit based on contributions they make to their ABLE accounts. Up to $2,000 of these contributions may qualify for this special credit designed to help low- and moderate-income workers.
The assets in an account cannot exceed the account balance limit of $550,000.
CHET Advisor 529 College Savings Program
Connecticut
Accepts contributions until all account balances in Connecticut's 529 plans for the same beneficiary reach $550,000.
Connecticut Higher Education Trust (CHET)
Connecticut
Effective 10/1/22, accepts contributions until account balances in CHET 529 for the same beneficiary reaches $550,000
Delaware
Accepts contributions until all account balances in Delaware's 529 plan for the same beneficiary reach $350,000.
Delaware
Annual contribution limit is currently $16,000 from all sources. If the beneficiary works, the beneficiary can also contribute part, or all, of their income to their ABLE account. This additional contribution is limited to the poverty-line amount for a one-person household. For 2023, this amount is $12,880. The designated beneficiary is not, however, eligible to make this additional contribution if their employer contributes to a workplace retirement plan on their behalf.
ABLE account beneficiaries can qualify for the Saver's Credit based on contributions they make to their ABLE accounts. Up to $2,000 of these contributions may qualify for this special credit designed to help low- and moderate-income workers.
The assets in an account cannot exceed the account balance limit of $350,000.
District of Columbia
Annual contribution limit is currently $17,000 from all sources. If the beneficiary works, the beneficiary can also contribute part, or all, of their income to their ABLE account. This additional contribution is limited to the poverty-line amount for a one-person household. For 2023, this amount is $14,580. The designated beneficiary is not, however, eligible to make this additional contribution if their employer contributes to a workplace retirement plan on their behalf.
ABLE account beneficiaries can qualify for the Saver's Credit based on contributions they make to their ABLE accounts. Up to $2,000 of these contributions may qualify for this special credit designed to help low- and moderate-income workers.
The assets in an account cannot exceed the account balance limit of $500,000.
District of Columbia
Accepts contributions until all account balances in the District of Columbia's 529 plan for the same beneficiary reach $500,000.
Florida
Annual contribution limit is currently $16,000 from all sources. If the beneficiary works, the beneficiary can also contribute part, or all, of their income to their ABLE account. This additional contribution is limited to the poverty-line amount for a one-person household. For 2023, this amount is $14,580. The designated beneficiary is not, however, eligible to make this additional contribution if their employer contributes to a workplace retirement plan on their behalf.
ABLE account beneficiaries can qualify for the Saver's Credit based on contributions they make to their ABLE accounts. Up to $2,000 of these contributions may qualify for this special credit designed to help low- and moderate-income workers.
There is also a maximum account balance limit of $418,000. However, assets can grow beyond $418,000 due to investment earnings without violating the maximum account balance limit.
Florida
In the 2006-2007 enrollment, $35,740 for a four-year university contract, four-year local fee plan, and five-year dormitory plan purchased in a lump sum for an eighth grader; installment option available
Florida
Accepts contributions until all account balances in Florida's 529 plans for the same beneficiary reach $418,000.
Georgia
Annual contribution limit is currently $17,000 from all sources. If the beneficiary works, the beneficiary can also contribute part, or all, of their income to their ABLE account. This additional contribution is limited to the poverty-line amount for a one-person household. For 2023, this amount is $14,580. The designated beneficiary is not, however, eligible to make this additional contribution if their employer contributes to a workplace retirement plan on their behalf.
ABLE account beneficiaries can qualify for the Saver's Credit based on contributions they make to their ABLE accounts. Up to $2,000 of these contributions may qualify for this special credit designed to help low- and moderate-income workers.
There is also a lifetime account limit of $523,000, at which point no new contributions may be made.
Georgia
Accepts contributions until all account balances in Georgia's 529 plan for the same beneficiary reach $235,000.
Hawaii
Annual contribution limit is currently $17,000 from all sources. If the beneficiary works, the beneficiary can also contribute part, or all, of their income to their ABLE account. This additional contribution is limited to the poverty-line amount for a one-person household. For 2023, this amount is $14,580. The designated beneficiary is not, however, eligible to make this additional contribution if their employer contributes to a workplace retirement plan on their behalf.
ABLE account beneficiaries can qualify for the Saver's Credit based on contributions they make to their ABLE accounts. Up to $2,000 of these contributions may qualify for this special credit designed to help low- and moderate-income workers.
Additional contributions to an ABLE account are not permitted if, taking into account the proposed contribution, the ABLE account's balance is or would be greater than or equal to the lifetime account limit, currently $400,000.
Accepts contributions until all account balances in Hawaii's 529 plan for the same beneficiary reach $305,000.
Accepts contributions until all account balances in Idaho's 529 plan for the same beneficiary reach $500,000.
Accepts contributions until all account balances in Illinois' 529 plans for the same beneficiary reach $500,000.
Accepts contributions until all account balances in Illinois' 529 plans for the same beneficiary reach $500,000.
In the 2006-2007 enrollment, $51,323 for a 9-semester university contract purchased in a lump sum for a child in the ninth grade or older
Illinois
Annual contribution limit is currently $17,000 from all sources. If the beneficiary works, the beneficiary can also contribute part, or all, of their income to their ABLE account. This additional contribution is limited to the poverty-line amount for a one-person household. For 2023, this amount is $14,580. The designated beneficiary is not, however, eligible to make this additional contribution if their employer contributes to a workplace retirement plan on their behalf.
ABLE account beneficiaries can qualify for the Saver's Credit based on contributions they make to their ABLE accounts. Up to $2,000 of these contributions may qualify for this special credit designed to help low- and moderate-income workers.
No additional contributions may be made for the benefit of an account owner when the fair market value of the account exceeds the account balance limit of $500,000. Accounts that have reached the account balance limit may continue to accrue earnings, although future contributions may not be made to such accounts. If however, the market value of such account falls below the account balance limit due to market fluctuations and not as a result of withdrawals from such account(s), additional contributions will be accepted.
Accepts contributions until all account balances in Indiana's 529 plan for the same beneficiary reach $450,000.
Accepts contributions until all account balances in Indiana's 529 plan for the same beneficiary reach $450,000.
Accepts contributions until all account balances in Indiana's 529 plan for the same beneficiary reach $450,000.
Indiana
Annual contribution limit is currently $17,000 from all sources. If the beneficiary works, the beneficiary can also contribute part, or all, of their income to their ABLE account. This additional contribution is limited to the poverty-line amount for a one-person household. For 2023, this amount is $14,580. The designated beneficiary is not, however, eligible to make this additional contribution if their employer contributes to a workplace retirement plan on their behalf.
ABLE account beneficiaries can qualify for the Saver's Credit based on contributions they make to their ABLE accounts. Up to $2,000 of these contributions may qualify for this special credit designed to help low- and moderate-income workers.
Accepts contributions until all account balances in Indiana's 529 plan for the same beneficiary reach $450,000.
Iowa
Annual contribution limit is currently $18,000 from all sources. If the beneficiary works, the beneficiary can also contribute part, or all, of their income to their ABLE account. This additional contribution is limited to the poverty-line amount for a one-person household. For 2024, this amount is $14,580. The designated beneficiary is not, however, eligible to make this additional contribution if their employer contributes to a workplace retirement plan on their behalf.
ABLE account beneficiaries can qualify for the Saver's Credit based on contributions they make to their ABLE accounts. Up to $2,000 of these contributions may qualify for this special credit designed to help low- and moderate-income workers.
No additional contributions may be made for the benefit of an account owner when the fair market value of the account exceeds the account balance limit of $420,000. Accounts that have reached the account balance limit may continue to accrue earnings, although future contributions may not be made to such accounts. If however, the market value of such account falls below the account balance limit due to market fluctuations and not as a result of withdrawals from such account(s), additional contributions will be accepted.
Accepts contributions until all account balances in Iowa's 529 plans for the same beneficiary reach $420,000.
Iowa
Accepts contributions until all account balances in Iowa's 529 plans for the same beneficiary reach $505,000.
Kansas
Annual contribution limit is currently $17,000 from all sources. If the beneficiary works, the beneficiary can also contribute part, or all, of their income to their ABLE account. This additional contribution is limited to the poverty-line amount for a one-person household. For 2023, this amount is $14,580. The designated beneficiary is not, however, eligible to make this additional contribution if their employer contributes to a workplace retirement plan on their behalf.
ABLE account beneficiaries can qualify for the Saver's Credit based on contributions they make to their ABLE accounts. Up to $2,000 of these contributions may qualify for this special credit designed to help low- and moderate-income workers.
No additional contributions may be made for the benefit of an account owner when the fair market value of the account exceeds the account balance limit listed of $455,000. Accounts that have reached the account balance limit may continue to accrue earnings, although future contributions may not be made to such accounts. If however, the market value of such account falls below the account balance limit due to market fluctuations and not as a result of withdrawals from such account(s), additional contributions will be accepted.
Accepts contributions until all account balances in Kansas' 529 plans for the same beneficiary reach $501,000.
Kansas
Accepts contributions until all account balances in Kansas' 529 plans for the same beneficiary reach $501,000.
Accepts contributions until all account balances in Kansas' 529 plans for the same beneficiary reach $501,000.
Kentucky
Accepts contributions until all account balances in Kentucky's 529 plans for the same beneficiary reach $450,000.
Kentucky
Annual contribution limit is currently $17,000 from all sources. If the beneficiary works, the beneficiary can also contribute part, or all, of their income to their ABLE account. This additional contribution is limited to the poverty-line amount for a one-person household. For 2023, this amount is $14,580. The designated beneficiary is not, however, eligible to make this additional contribution if their employer contributes to a workplace retirement plan on their behalf.
ABLE account beneficiaries can qualify for the Saver's Credit based on contributions they make to their ABLE accounts. Up to $2,000 of these contributions may qualify for this special credit designed to help low- and moderate-income workers.
There is also a lifetime account limit of $450,000, at which point no new contributions may be made.
Louisiana
Annual contribution limit is currently $17,000 from all sources. If the beneficiary works, the beneficiary can also contribute part, or all, of their income to their ABLE account. This additional contribution is limited to the poverty-line amount for a one-person household. For 2023, this amount is $14,580. The designated beneficiary is not, however, eligible to make this additional contribution if their employer contributes to a workplace retirement plan on their behalf.
ABLE account beneficiaries can qualify for the Saver's Credit based on contributions they make to their ABLE accounts. Up to $2,000 of these contributions may qualify for this special credit designed to help low- and moderate-income workers.
Accepts contributions until all account balances in Louisiana's 529 plan for the same beneficiary reach $500,000.
Louisiana
Accepts contributions until all account balances in Louisiana's 529 plan for the same beneficiary reach $500,000.
Maine
$17,000 may be deposited per year for qualified disability expenses. Additional deposits subject to certain limits may be made by individuals who are employed or self-employed. Eligible individuals may save up to the maximum balance limit, currently $520,000. All the deposit/balance limits are subject to change. A Saver's Credit is available for a qualifying beneficiary.
As of January 1, 2024, accepts contributions until all account balances in 529 plan for the same beneficiary reach $545,000.
As of January 1, 2024, accepts contributions until all account balances in 529 plan for the same beneficiary reach $545,000.
In the 2006-2007 enrollment, $47,250 for a five-year university contract purchased in a lump sum for a 9th through 12th grader; installment option available
Maryland
Annual contribution limit is currently $17,000 from all sources. If the beneficiary works, the beneficiary can also contribute part, or all, of their income to their ABLE account. This additional contribution is limited to the poverty-line amount for a one-person household. For 2023, this amount is $14,580. The designated beneficiary is not, however, eligible to make this additional contribution if their employer contributes to a workplace retirement plan on their behalf.
ABLE account beneficiaries can qualify for the Saver's Credit based on contributions they make to their ABLE accounts. Up to $2,000 of these contributions may qualify for this special credit designed to help low- and moderate-income workers.
Account balance limit of up to $500,000 over the life of the account.
Maryland College Investment Plan
Maryland
Accepts contributions until all account balances in Maryland's 529 plans for the same beneficiary reach $500,000.
Massachusetts
Annual contribution limit is currently $17,000 from all sources. If the beneficiary works, the beneficiary can also contribute part, or all, of their income to their ABLE account. This additional contribution is limited to the poverty-line amount for a one-person household. For 2023, this amount is $14,580. The designated beneficiary is not, however, eligible to make this additional contribution if their employer contributes to a workplace retirement plan on their behalf.
ABLE account beneficiaries can qualify for the Saver's Credit based on contributions they make to their ABLE accounts. Up to $2,000 of these contributions may qualify for this special credit designed to help low- and moderate-income workers.
There is also a maximum contribution limit of $500,000 . You may not make additional contributions to the plan at a time that the total value of the account is at or above the maximum contribution limit.
Massachusetts
Accepts contributions until all account balances in Massachusetts' 529 plan for the same beneficiary reach $500,000.
Massachusetts
Cost of tuition and fees for four years at the highest cost participating institution
Michigan
Accepts contributions until all account balances in Michigan's 529 plan for the same beneficiary reach $500,000.
Michigan
Annual contribution limit is currently $17,000 from all sources. If the beneficiary works, the beneficiary can also contribute part, or all, of their income to their ABLE account. This additional contribution is limited to the poverty-line amount for a one-person household. For 2023, this amount is $14,580. The designated beneficiary is not, however, eligible to make this additional contribution if their employer contributes to a workplace retirement plan on their behalf.
ABLE account beneficiaries can qualify for the Saver's Credit based on contributions they make to their ABLE accounts. Up to $2,000 of these contributions may qualify for this special credit designed to help low- and moderate-income workers.
There is also an aggregate account balance limit of $500,000. However, assets can grow beyond $500,000 due to investment earnings without violating the aggregate account balance limit.
Accepts contributions until all account balances in Michigan's 529 plan for the same beneficiary reach $500,000.
Michigan
In the April-July 2007 enrollment, $43,008 for a four-year Full Benefits contract purchased in a lump sum for a child in the 12th grade
Minnesota
Annual contribution limit is currently $17,000 from all sources. If the beneficiary works, the beneficiary can also contribute part, or all, of their income to their ABLE account. This additional contribution is limited to the poverty-line amount for a one-person household. For 2023, this amount is $14,580. The designated beneficiary is not, however, eligible to make this additional contribution if their employer contributes to a workplace retirement plan on their behalf.
ABLE account beneficiaries can qualify for the Saver's Credit based on contributions they make to their ABLE accounts. Up to $2,000 of these contributions may qualify for this special credit designed to help low- and moderate-income workers.
No additional contributions may be made for the benefit of an account owner when the fair market value of the account exceeds the account balance limit of $425,000. Accounts that have reached the account balance limit may continue to accrue earnings, although future contributions may not be made to such accounts. If however, the market value of such account falls below the account balance limit due to market fluctuations and not as a result of withdrawals from such account(s), additional contributions will be accepted.
Minnesota College Savings Plan
Minnesota
Accepts contributions until all account balances in Minnesota's 529 plan for the same beneficiary reach $425,000.
Mississippi
Annual contribution limit is currently $17,000 from all sources. If the beneficiary works, the beneficiary can also contribute part, or all, of their income to their ABLE account. This additional contribution is limited to the poverty-line amount for a one-person household. For 2023, this amount is $14,580. The designated beneficiary is not, however, eligible to make this additional contribution if their employer contributes to a workplace retirement plan on their behalf.
ABLE account beneficiaries can qualify for the Saver's Credit based on contributions they make to their ABLE accounts. Up to $2,000 of these contributions may qualify for this special credit designed to help low- and moderate-income workers.
The assets in an account cannot exceed the account balance limit of $235,000.
Accepts contributions until all account balances in Mississippi's 529 plans for the same beneficiary reach $400,000.
In the 2006 enrollment, $23,300 for a five-year university contract purchased in a lump sum for a 12th grader; installment option available
Missouri
Annual contribution limit is currently $17,000 from all sources. If the beneficiary works, the beneficiary can also contribute part, or all, of their income to their ABLE account. This additional contribution is limited to the poverty-line amount for a one-person household. For 2023, this amount is $14,580. The designated beneficiary is not, however, eligible to make this additional contribution if their employer contributes to a workplace retirement plan on their behalf.
ABLE account beneficiaries can qualify for the Saver's Credit based on contributions they make to their ABLE accounts. Up to $2,000 of these contributions may qualify for this special credit designed to help low- and moderate-income workers.
There is also a lifetime account limit of $550,000, at which point no new contributions may be made.
Accepts contributions until all account balances in Missouri's 529 plans for the same beneficiary reach $550,000.
Montana
Accepts contributions until all account balances in Montana's 529 plans for the same beneficiary reach $396,000.
Montana
Annual contribution limit is currently $17,000 from all sources. If the beneficiary works, the beneficiary can also contribute part, or all, of their income to their ABLE account. This additional contribution is limited to the poverty-line amount for a one-person household. For 2023, this amount is $14,580. The designated beneficiary is not, however, eligible to make this additional contribution if their employer contributes to a workplace retirement plan on their behalf.
ABLE account beneficiaries can qualify for the Saver's Credit based on contributions they make to their ABLE accounts. Up to $2,000 of these contributions may qualify for this special credit designed to help low- and moderate-income workers.
Accepts contributions until all account balances in Montana's 529 plans for the same beneficiary reach $396,000
Accepts contributions until all account balances in Nebraska's 529 plans for the same beneficiary reach $500,000.
Nebraska
Annual contribution limit is currently $17,000 from all sources. If the beneficiary works, the beneficiary can also contribute part, or all, of their income to their ABLE account. This additional contribution is limited to the poverty-line amount for a one-person household. For 2023, this amount is $14,580. The designated beneficiary is not, however, eligible to make this additional contribution if their employer contributes to a workplace retirement plan on their behalf.
ABLE account beneficiaries can qualify for the Saver's Credit based on contributions they make to their ABLE accounts. Up to $2,000 of these contributions may qualify for this special credit designed to help low- and moderate-income workers.
No additional contributions may be made for the benefit of an account owner when the fair market value of the account exceeds $500,000. If, however, the market value of such accounts falls below the account balance limit, additional contributions will be accepted.
Accepts contributions until all account balances in Nebraska's 529 plans for the same beneficiary reach $500,000.
Accepts contributions until all account balances in Nebraska's 529 plans for the same beneficiary reach $500,000.
Nebraska
Accepts contributions until all account balances in Nebraska's 529 plans for the same beneficiary reach $500,000.
Nevada
Annual contribution limit is currently $17,000 from all sources. If the beneficiary works, the beneficiary can also contribute part, or all, of their income to their ABLE account. This additional contribution is limited to the poverty-line amount for a one-person household. For 2023, this amount is $14,580. The designated beneficiary is not, however, eligible to make this additional contribution if their employer contributes to a workplace retirement plan on their behalf.
ABLE account beneficiaries can qualify for the Saver's Credit based on contributions they make to their ABLE accounts. Up to $2,000 of these contributions may qualify for this special credit designed to help low- and moderate-income workers.
No additional contributions may be made for the benefit of an account owner when the fair market value of the account exceeds the account balance limit of $500,000. Accounts that have reached the account balance limit may continue to accrue earnings, although future contributions may not be made to such Accounts. If however, the market value of such account falls below the account balance limit due to market fluctuations and not as a result of withdrawals from such account(s), additional contributions will be accepted.
Nevada
Accepts contributions until all account balances in Nevada's 529 plans for the same beneficiary reach $500,000.
In the 2006-2007 enrollment, $17,000 for a four-year university contract purchased in a lump sum for a 9th grader, installment option available
Nevada
Accepts contributions until all 529 account balances in Nevada's 529 plans for the same beneficiary reach $500,000.
Accepts contributions until all account balances in Nevada's 529 plans for the same beneficiary reach $500,000.
Accepts contributions until all account balances in Nevada's 529 plans for the same beneficiary reach $500,000.
Accepts contributions until all 529 account balances in Nevada's 529 plans for the same beneficiary reach $500,000.
New Hampshire
Annual contribution limit is currently $17,000 from all sources. If the beneficiary works, the beneficiary can also contribute part, or all, of their income to their ABLE account. This additional contribution is limited to the poverty-line amount for a one-person household. For 2023, this amount is $14,580. The designated beneficiary is not, however, eligible to make this additional contribution if their employer contributes to a workplace retirement plan on their behalf.
ABLE account beneficiaries can qualify for the Saver's Credit based on contributions they make to their ABLE accounts. Up to $2,000 of these contributions may qualify for this special credit designed to help low- and moderate-income workers.
There is also a lifetime account limit of $569,123, at which point no new contributions may be made.
New Hampshire
Annual contribution limit is currently $17,000 from all sources. If the beneficiary works, the beneficiary can also contribute part, or all, of their income to their ABLE account. This additional contribution is limited to the poverty-line amount for a one-person household. There is also a lifetime account limit of $569,163, at which point no new contributions may be made.
New Hampshire
Accepts contributions until all account balances in New Hampshire's 529 plans for the same beneficiary reach $614,551.
Accepts contributions until all account balances in New Jersey's 529 plans for the same beneficiary reach $305,000.
New Jersey
Annual contribution limit is currently $17,000 from all sources. If the beneficiary works, the beneficiary can also contribute part, or all, of their income to their ABLE account. This additional contribution is limited to the poverty-line amount for a one-person household. For 2023, this amount is $14,580. The designated beneficiary is not, however, eligible to make this additional contribution if their employer contributes to a workplace retirement plan on their behalf.
ABLE account beneficiaries can qualify for the Saver's Credit based on contributions they make to their ABLE accounts. Up to $2,000 of these contributions may qualify for this special credit designed to help low- and moderate-income workers.
The assets in an account cannot exceed the account balance limit of $305,000.
NJBEST 529 College Savings Plan
New Jersey
Accepts contributions until all account balances in New Jersey's 529 plans for the same beneficiary reach $305,000.
New Mexico
Annual contribution limit is currently $17,000 from all sources. If the beneficiary works, the beneficiary can also contribute part, or all, of their income to their ABLE account. This additional contribution is limited to the poverty-line amount for a one-person household. For 2023, this amount is $14,580. The designated beneficiary is not, however, eligible to make this additional contribution if their employer contributes to a workplace retirement plan on their behalf.
ABLE account beneficiaries can qualify for the Saver's Credit based on contributions they make to their ABLE accounts. Up to $2,000 of these contributions may qualify for this special credit designed to help low- and moderate-income workers.
There is also a lifetime account limit of $500,000, at which point no new contributions may be made.
New Mexico
Accepts contributions until all account balances in New Mexico's 529 plans for the same beneficiary reach $500,000.
New Mexico
Accepts contributions until all account balances in New Mexico's 529 plans for the same beneficiary reach $500,000.
Accepts contributions until all account balances in New York's 529 plans for the same beneficiary reach $520,000.
Accepts contributions until all account balances in New York's 529 plans for the same beneficiary reach $520,000.
New York
Annual contribution limit is currently $17,000 from all sources. If the beneficiary works, the beneficiary can also contribute part, or all, of their income to their ABLE account. This additional contribution is limited to the poverty-line amount for a one-person household. For 2023, this amount is $14,580. The designated beneficiary is not, however, eligible to make this additional contribution if their employer contributes to a workplace retirement plan on their behalf.
ABLE account beneficiaries can qualify for the Saver's Credit based on contributions they make to their ABLE accounts. Up to $2,000 of these contributions may qualify for this special credit designed to help low- and moderate-income workers.
The Maximum Account Balance allowed under NY ABLE is $520,000.
Morgan Stanley National Advisory 529 Plan
North Carolina
Accepts contributions until all account balances maintained by the NCSEAA reach $550,000. The maximum limit includes the principal portion of rollover contributions. The earnings portion is excluded.
North Carolina
Accepts contributions until all account balances in the NC 529 plan for the same beneficiary reach $550,000.
North Carolina
Annual contribution limit is currently $17,000 from all sources. If the beneficiary works, the beneficiary can also contribute part, or all, of their income to their ABLE account. This additional contribution is limited to the poverty-line amount for a one-person household. For 2022, this amount is $14,580. The designated beneficiary is not, however, eligible to make this additional contribution if their employer contributes to a workplace retirement plan on their behalf.
ABLE account beneficiaries can qualify for the Saver's Credit based on contributions they make to their ABLE accounts. Up to $2,000 of these contributions may qualify for this special credit designed to help low- and moderate-income workers.
No additional contributions may be made for the benefit of an account owner when the fair market value of the account exceeds the account balance limit of $540,000. Accounts that have reached the account balance limit may continue to accrue earnings, although future contributions may not be made to such accounts. If however, the market value of such account falls below the account balance limit due to market fluctuations and not as a result of withdrawals from such account(s), additional contributions will be accepted.
North Dakota
Accepts contributions until all account balances in North Dakota's 529 plan for the same beneficiary reach $269,000.
North Dakota
Accepts contributions until all account balances in North Dakota's 529 plan for the same beneficiary reach $269,000.
Accepts contributions until all 529 account balances in Ohio's 529 plans for the same beneficiary reach $541,000.
Accepts contributions until all 529 account balances in Ohio's 529 plans for the same beneficiary reach $541,000.
Ohio
Annual contribution limit is currently $17,000 from all sources. If the beneficiary works, the beneficiary can also contribute part, or all, of their income to their ABLE account. This additional contribution is limited to the poverty-line amount for a one-person household. For 2023, this amount is $14,580. The designated beneficiary is not, however, eligible to make this additional contribution if their employer contributes to a workplace retirement plan on their behalf.
ABLE account beneficiaries can qualify for the Saver's Credit based on contributions they make to their ABLE accounts. Up to $2,000 of these contributions may qualify for this special credit designed to help low- and moderate-income workers.
There is also a lifetime account limit of $517,000, at which point no new contributions may be made.
Oklahoma
Accepts contributions until all account balances in Oklahoma 529 plans for the same beneficiary reach $450,000.
Oklahoma
Accepts contributions until all account balances in Oklahoma 529 plans for the same beneficiary reach $450,000.
Oklahoma
Annual contribution limit is currently $17,000 from all sources. If the beneficiary works, the beneficiary can also contribute part, or all, of their income to their ABLE account. This additional contribution is limited to the poverty-line amount for a one-person household. For 2023, this amount is $1,580. The designated beneficiary is not, however, eligible to make this additional contribution if their employer contributes to a workplace retirement plan on their behalf.
ABLE account beneficiaries can qualify for the Saver's Credit based on contributions they make to their ABLE accounts. Up to $2,000 of these contributions may qualify for this special credit designed to help low- and moderate-income workers.
There is also a lifetime account limit of $450,000, at which point no new contributions may be made.
Oregon
Annual contribution limit is currently $17,000 from all sources. If the beneficiary works, the beneficiary can also contribute part, or all, of their income to their ABLE account. This additional contribution is limited to the poverty-line amount for a one-person household. For 2023, this amount is $14,580. The designated beneficiary is not, however, eligible to make this additional contribution if their employer contributes to a workplace retirement plan on their behalf.
ABLE account beneficiaries can qualify for the Saver's Credit based on contributions they make to their ABLE accounts. Up to $2,000 of these contributions may qualify for this special credit designed to help low- and moderate-income workers.
Additional contributions to an ABLE account are not permitted if, taking into account the proposed contribution, the ABLE account's balance is or would be greater than or equal to the lifetime account limit, currently $400,000.
Oregon
Accepts contributions until all account balances in the program for the same beneficiary reach $400,000.
Oregon
Annual contribution limit is currently $16,000 from all sources. If the beneficiary works, the beneficiary can also contribute part, or all, of their income to their ABLE account. This additional contribution is limited to the poverty-line amount for a one-person household. For 2022, this amount is $12,880. The designated beneficiary is not, however, eligible to make this additional contribution if their employer contributes to a workplace retirement plan on their behalf.
ABLE account beneficiaries can qualify for the Saver's Credit based on contributions they make to their ABLE accounts. Up to $2,000 of these contributions may qualify for this special credit designed to help low- and moderate-income workers.
Additional contributions to an ABLE account are not permitted if, taking into account the proposed contribution, the ABLE account's balance is or would be greater than or equal to the lifetime account limit, currently $400,000.
Accepts contributions until all account balances in the program for the same beneficiary reach $400,000.
Cost of five years of full-time undergraduate tuition and mandatory fees at the highest-cost participating institution.
Pennsylvania
Annual contribution limit is currently $17,000 from all sources. If the beneficiary works, the beneficiary can also contribute part, or all, of their income to their ABLE account. This additional contribution is limited to the poverty-line amount for a one-person household. For 2023, this amount is $14,580. The designated beneficiary is not, however, eligible to make this additional contribution if their employer contributes to a workplace retirement plan on their behalf.
ABLE account beneficiaries can qualify for the Saver's Credit based on contributions they make to their ABLE accounts. Up to $2,000 of these contributions may qualify for this special credit designed to help low- and moderate-income workers.
There is also a lifetime account limit of $511,758, at which point no new contributions may be made but the account may continue to grow and accrue earnings.
Pennsylvania 529 Guaranteed Savings Plan
Pennsylvania
Accepts contributions until all account balances in Pennsylvania's 529 plans for the same beneficiary reach $511,758.
Pennsylvania 529 Investment Plan
Pennsylvania
Accepts contributions until all account balances in Pennsylvania's 529 plans for the same beneficiary reach $511,758.
CollegeBound 529 (Advisor-sold)
Rhode Island
Accepts contributions until all account balances in Rhode Island's 529 plan for the same beneficiary reach $520,000.
CollegeBound Saver (Direct-sold)
Rhode Island
Accepts contributions until all account balances in Rhode Island's 529 plan for the same beneficiary reach $520,000.
Rhode Island
Annual contribution limit is currently $17,000 from all sources. If the beneficiary works, the beneficiary can also contribute part, or all, of their income to their ABLE account. This additional contribution is limited to the poverty-line amount for a one-person household. For 2023, this amount is $14,580. The designated beneficiary is not, however, eligible to make this additional contribution if their employer contributes to a workplace retirement plan on their behalf.
ABLE account beneficiaries can qualify for the Saver's Credit based on contributions they make to their ABLE accounts. Up to $2,000 of these contributions may qualify for this special credit designed to help low- and moderate-income workers.
The assets in an account cannot exceed the account balance limit of $520,000, but assets can continue to accrue earnings beyond the account balance limit.
Future Scholar 529 College Savings Plan (Advisor-sold)
South Carolina
Accepts contributions until all account balances in South Carolina's 529 plans for the same beneficiary reach $575,000.
Future Scholar 529 College Savings Plan (Direct-sold)
South Carolina
Accepts contributions until all account balances in South Carolina's 529 plans for the same beneficiary reach $575,000.
South Carolina
Annual contribution limit is currently $17,000 from all sources. If the beneficiary works, the beneficiary can also contribute part, or all, of their income to their ABLE account. This additional contribution is limited to the poverty-line amount for a one-person household. For 2023, this amount is $14,580. The designated beneficiary is not, however, eligible to make this additional contribution if their employer contributes to a workplace retirement plan on their behalf.
ABLE account beneficiaries can qualify for the Saver's Credit based on contributions they make to their ABLE accounts. Up to $2,000 of these contributions may qualify for this special credit designed to help low- and moderate-income workers.
There is also a lifetime account limit of $540,000, at which point no new contributions may be made.
CollegeAccess 529 (Advisor-sold)
South Dakota
Accepts contributions until all account balances in South Dakota's 529 plan for the same beneficiary reach $350,000.
CollegeAccess 529 (Direct-sold)
South Dakota
Accepts contributions until all account balances in South Dakota's 529 plan for the same beneficiary reach $350,000.
Tennessee
Annual contribution limit is currently $17,000 from all sources. If the beneficiary works, the beneficiary can also contribute part, or all, of their income to their ABLE account. This additional contribution is limited to the poverty-line amount for a one-person household. For 2023, this amount is $14,580. The designated beneficiary is not, however, eligible to make this additional contribution if their employer contributes to a workplace retirement plan on their behalf.
ABLE account beneficiaries can qualify for the Saver's Credit based on contributions they make to their ABLE accounts. Up to $2,000 of these contributions may qualify for this special credit designed to help low- and moderate-income workers.
The total account contribution limit is $350,000.
TNStars College Savings 529 Program
Tennessee
$350,000 including all accounts in the program held for the same beneficiary
Texas
Accepts contributions until all account balances in Texas' 529 plans for the same beneficiary reach $500,000.
Texas
Annual contribution limit is currently $17,000 from all sources. If the beneficiary works, the beneficiary can also contribute part, or all, of their income to their ABLE account. This additional contribution is limited to the poverty-line amount for a one-person household. For 2023, this amount is $14,580. The designated beneficiary is not, however, eligible to make this additional contribution if their employer contributes to a workplace retirement plan on their behalf.
ABLE account beneficiaries can qualify for the Saver's Credit based on contributions they make to their ABLE accounts. Up to $2,000 of these contributions may qualify for this special credit designed to help low- and moderate-income workers.
There is also a maximum account balance limit of $500,000. However, assets can grow beyond $500,000 due to investment earnings without violating the maximum account balance limit.
Accepts contributions until all account balances in Texas' 529 plans for the same beneficiary reach $500,000.
The maximum purchase for any Tuition Unit type is equal to the dollar amount of 600 Type I units. Maximum Texas Program Limit. There is a $370,000 cap for total contributions in all Texas prepaid and college savings plans for one Beneficiary.
Utah
Annual contribution limit is currently $17,000 from all sources. If the beneficiary works, the beneficiary can also contribute part, or all, of their income to their ABLE account. This additional contribution is limited to the poverty-line amount for a one-person household. For 2023, this amount is $14,580. The designated beneficiary is not, however, eligible to make this additional contribution if their employer contributes to a workplace retirement plan on their behalf.
ABLE account beneficiaries can qualify for the Saver's Credit based on contributions they make to their ABLE accounts. Up to $2,000 of these contributions may qualify for this special credit designed to help low- and moderate-income workers.
There is also a lifetime account limit of $540,000, at which point no new contributions may be made.
Utah
As of 11/1/2023, accepts contributions until all account balances in Utah's 529 plan for the same beneficiary reach $560,000.
Vermont
Annual contribution limit is currently $16,000 from all sources. If the beneficiary works, the beneficiary can also contribute part, or all, of their income to their ABLE account. This additional contribution is limited to the poverty-line amount for a one-person household. For 2022, this amount is $12,880. The designated beneficiary is not, however, eligible to make this additional contribution if their employer contributes to a workplace retirement plan on their behalf.
ABLE account beneficiaries can qualify for the Saver's Credit based on contributions they make to their ABLE accounts. Up to $2,000 of these contributions may qualify for this special credit designed to help low- and moderate-income workers.
There is also a lifetime account limit of $501,000, at which point no new contributions may be made.
Accepts contributions until all account balances in Vermont's 529 plan for the same beneficiary reach $550,000.
Virginia
Annual contribution limit is currently $17,000 from all sources. If the beneficiary works, the beneficiary can also contribute part, or all, of their income to their ABLE account. This additional contribution is limited to the poverty-line amount for a one-person household. For 2023, this amount is $14,580. The designated beneficiary is not, however, eligible to make this additional contribution if their employer contributes to a workplace retirement plan on their behalf.
ABLE account beneficiaries can qualify for the Saver's Credit based on contributions they make to their ABLE accounts. Up to $2,000 of these contributions may qualify for this special credit designed to help low- and moderate-income workers.
There is also a lifetime account limit of $550,000, at which point no new contributions may be made.
Virginia
Annual contribution limit is currently $17,000 from all sources. If the beneficiary works, the beneficiary can also contribute part, or all, of their income to their ABLE account. This additional contribution is limited to the poverty-line amount for a one-person household. For 2023, this amount is $14,580. The designated beneficiary is not, however, eligible to make this additional contribution if their employer contributes to a workplace retirement plan on their behalf.
ABLE account beneficiaries can qualify for the Saver's Credit based on contributions they make to their ABLE accounts. Up to $2,000 of these contributions may qualify for this special credit designed to help low- and moderate-income workers.
There is also a lifetime account limit of $550,000, at which point no new contributions may be made.
Virginia
Accepts contributions until all account balances in Virginia's 529 plans for the same beneficiary reach $550,000.
Virginia
Accepts contributions until all account balances in Virginia's 529 plans for the same beneficiary reach $550,000.
The value of a Tuition Track Unit is 1% of Average Tuition as determined annually by Virginia529 (i.e. one hundred Tuition Track Units are equal in value, at maturity, to one (1) year of Average Tuition). A maximum of 1,000 Tuition Track Units is permitted per Beneficiary, subject to the
Maximum Account Balance.
DreamAhead College Investment Plan
Washington
Accepts contributions until all account balances in Washington's tuition programs for the same beneficiary reach $500,000.
Guaranteed Education Tuition (GET)
Washington
800 units at the annual unit price (or $500,000 combined funds with another Washington state 529 investment plan).
Washington State ABLE Savings Plan
Washington
Annual contribution limit is currently $17,000 from all sources. If the beneficiary works, the beneficiary can also contribute part, or all, of their income to their ABLE account. This additional contribution is limited to the poverty-line amount for a one-person household. For 2023, this amount is $14,580. The designated beneficiary is not, however, eligible to make this additional contribution if their employer contributes to a workplace retirement plan on their behalf.
The maximum account balance cannot exceed $500,000. ABLE accounts that have
reached the limit may continue to accrue earnings but can not continue to
accept contributions.
West Virginia
Accepts contributions until all account balances in West Virginia's 529 plans for the same beneficiary reach $550,000.
SMART529 WV Direct College Savings Plan
West Virginia
Accepts contributions until all account balances in West Virginia's 529 plans for the same beneficiary reach $550,000.
West Virginia
Accepts contributions until all account balances in West Virginia's 529 plans for the same beneficiary reach $550,000.
West Virginia
Annual contribution limit is currently $17,000 from all sources. If the beneficiary works, the beneficiary can also contribute part, or all, of their income to their ABLE account. This additional contribution is limited to the poverty-line amount for a one-person household. For 2023, this amount is $14,580. The designated beneficiary is not, however, eligible to make this additional contribution if their employer contributes to a workplace retirement plan on their behalf.
ABLE account beneficiaries can qualify for the Saver's Credit based on contributions they make to their ABLE accounts. Up to $2,000 of these contributions may qualify for this special credit designed to help low- and moderate-income workers.
There is also a lifetime account limit of $550,000, at which point no new contributions may be made.
Wisconsin
Accepts contributions until all account balances in Wisconsin's 529 plans for the same beneficiary reach $567,500.
Wisconsin
Accepts contributions until all account balances in Wisconsin's 529 plans for the same beneficiary reach $567,500.
Wyoming
Annual contribution limit is currently $17,000 from all sources. If the beneficiary works, the beneficiary can also contribute part, or all, of their income to their ABLE account. This additional contribution is limited to the poverty-line amount for a one-person household. For 2023, this amount is $14,580. The designated beneficiary is not, however, eligible to make this additional contribution if their employer contributes to a workplace retirement plan on their behalf.
ABLE account beneficiaries can qualify for the Saver's Credit based on contributions they make to their ABLE accounts. Up to $2,000 of these contributions may qualify for this special credit designed to help low- and moderate-income workers.
There is also a lifetime account limit of $501,000, at which point no new contributions may be made.