Whats the maximum amount that I can contribute to a CollegeBoundfundSM account?
You can contribute to your CollegeBoundfundSM account – in fact, anyone else can contribute to it as well – until the total contributions and earnings of all accounts for the beneficiary equals $265,000. (This “ceiling” may change each year to reflect the increasing cost of higher education.) Of course, earnings can continue to grow beyond this limit.
