Iowa 529 Plan Limit 2024 College. How much you should have in a 529 plan to save for college for your children by age, including high and low contributions for public and private school. In addition to the new tax deduction amount, iowa’s 529 account owners now will be able to transfer up to a lifetime limit of $35,000 to a roth ira in the.

While funding a 529 plan has long been a great way for families to contribute to save for. Recent state legislation has increased the tax deduction amount up to $5,500 for contributions to iowa’s two 529 plans, college savings iowa and the iadvisor 529.