Iowa 529 2024 Max Score. Nearly every state offers a 529 savings plan, but each sets a maximum contribution limit. Under the new rules, iowans who contribute can claim up to $5,500 in tax deductions.
The iowa 529 plan is called college savings iowa that can help you save for college and offers a tax deduction for contributions. 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.