Iowa 529 Plan Deduction 2024. If a participant (saver) is an iowa taxpayer, they can deduct up to $5,500 in contributions per. State treasurer roby smith held a news conference in the iowa capitol rotunda on may 8, 2024.

529 plan contribution limits by state. Follow our seven steps to use a 529 plan to save for graduate school, which should answer the above questions and more.