529 Plan Contribution Limits 2024 Nj. New jersey 529 tax deduction limit: New jersey will offer a state tax deduction of up to $10,000 per taxpayer, per year, for contributions to a new jersey 529 plan.
Review how much you can save for college in these plans. The new jersey college affordability act allows for a state tax deduction for contributions into a franklin templeton 529 college savings plan of up to.