Indiana 529 Contribution Limits 2024. Indiana taxpayers can get a state income tax credit equal to 20% of their contributions to a indiana529 account, up to $1,500 per year ($750 for married filing separately). 529 contribution limits are set by states and range from $235,000 to $575,000.
Effective january 1, 2024, 529 account owners will be able to rollover savings from their 529 plan account into a roth ira without incurring any federal income tax or penalty. Two of the three indiana 529 college savings programs are managed by ascensus college savings: