Nys 529 Max Contribution 2024. Annual contributions over $18,000 must be reported to the irs. There are no fees to open an account in new york's 529 college savings program direct plan, and there is no minimum contribution amount to get started.

The maximum contribution limit pertains to each beneficiary. You can contribute on behalf of a beneficiary until the total balance of all program accounts held for the same beneficiary reaches an.