Who can contribute?
- Effective January 1, 2002 , contributions up to $2,000 per taxable year to benefit a child under the age of 18 may be made by:
- Anyone filing a Single Tax Return with MAGI* up to $95,000
- Married couples filing a Joint Tax Return with MAGI* up to $190,000
- Those with higher MAGI* may be able to make smaller contributions
