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Will 529 plans increase in 2023?

One Community. Many Voices. Create a free account to share your thoughts. The contribution limits for 529 plans are set to increase by $1,000 in 2023.

What is a 529 contribution limit?

529 contribution limits are set by each state plan and generally apply a total account limit per beneficiary. They range from $235,000 to $575,000. Many or all of the products featured here are from our partners who compensate us. This influences which products we write about and where and how the product appears on a page.

How do Ohio's 529 plan rewards work?

Rewards are automatically deposited as contributions to your Ohio's 529 Plan, CollegeAdvantage, when you reach $50 in rewards. Earn $5.29 in bonus rewards when you open a new Upromise account. Earn an additional $25 in bonus rewards when you link your first Ohio's 529 Plan account to your new Upromise account.

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