529 Annual Contribution Limits 2024 Nj. 529 plans do not have annual contribution limits. Funds cannot be rolled into a roth ira until 5 years after.
You also need to do this strategically as you cannot rollover an amount greater than the annual roth contribution amount, which in 2024 is $7,000. You can contribute up to $305,000 total per beneficiary into a new jersey 529 plan account.