529 Plan
Enter your child's age and college cost estimates.
Projected 529 balance
$0
Total contributions: $0
Years until college
0
Projected balance
$0
Total contributions
$0
Investment growth
$0
Tax savings (state)
$0
Annual tax savings
$0
Worked example
With the default inputs shown below, this calculator returns the following results:
| Input | Value |
|---|---|
| Child's age | 5 |
| Current 529 balance ($) | $10,000 |
| Monthly contribution ($) | $300 |
| Expected return (%) | 6% |
| State tax deduction rate (%) | 5% |
| Result | Value |
|---|---|
| Projected 529 balance | $92,760 |
| Years until college | 13 |
| Projected balance | $92,760 |
| Total contributions | $56,800 |
| Investment growth | $35,960 |
| Tax savings (state) | $2,340 |
Values shown are produced by this page in your browser; change any input to update them.
How to use the 529 Plan
- Child's age — default 5
- Current 529 balance ($) — default $10,000
- Monthly contribution ($) — default $300
- Expected return (%) — default 6%
- State tax deduction rate (%) — default 5%
- Press Calculate to update the results instantly.