New Member

posted Dec 31, 2024 12:35:23 PM

If I rollover from one 529 plan A to 529 plan B, can I still make an annual contribution ($19K limit for 2025) to 529 plan B?

In other words, are 529-to-529 rollovers considered separate from 529 contribution in that same year?

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Level 15

Dec 31, 2024 12:54:42 PM

Q. If I rollover from one 529 plan A to 529 plan B, can I still make an annual contribution ($19K limit for 2025) to 529 plan B?

A. Yes.

Q. In other words, are 529-to-529 rollovers considered separate from 529 contribution in that same year?

A. Yes.

A rollover is not classified as an contribution, for purposes of the $19K gift tax form reporting rules.

Also see this, regarding "super funding" a 529 plan. https://www.savingforcollege.com/article/10-rules-for-superfunding-a-529-plan

2 Replies

Level 15

Dec 31, 2024 12:54:42 PM

Q. If I rollover from one 529 plan A to 529 plan B, can I still make an annual contribution ($19K limit for 2025) to 529 plan B?

A. Yes.

Q. In other words, are 529-to-529 rollovers considered separate from 529 contribution in that same year?

A. Yes.

A rollover is not classified as an contribution, for purposes of the $19K gift tax form reporting rules.

Also see this, regarding "super funding" a 529 plan. https://www.savingforcollege.com/article/10-rules-for-superfunding-a-529-plan

New Member

Dec 31, 2024 4:05:54 PM

Thank you, very helpful!