I recently set up a 529 for my younger child on January 1 after setting up the same for my older child last year. I meant to contribute an annual allotment to the older child’s account but accidentally deposited into the newly created account, effectively “superfunding” it. My question is whether I can now make additional contributions to the younger child’s account this calendar year (without exceeding the superfunding limit of $170k as a married couple) or if I am stuck with this single contribution?
Statistics: Posted by kgasguth — Sat Jan 06, 2024 2:42 am — Replies 0 — Views 37