Va 529 Contribution Limit 2024. In addition, contributions to virginia529 accounts are treated as a completed gift by the account owner to the student beneficiary. The maximum contribution limit pertains to each beneficiary.

In 2024, individuals can gift up to $18,000 in a single 529 plan without those funds counting against the lifetime gift tax exemption amount. Good news, while there is a maximum aggregate 529 plan contribution limit, there is no annual 529 plan contribution limit!