529 Calculator
Project 529 education savings. Tax-advantaged college savings with growth.
Use the 529 Calculator
Enter current balance, monthly contribution, and years. 529 projected balance is calculated.
Inputs
529 education savings plan.
Results
Projected balance
$50,970
Total contributions
$34,000
Growth
$16,970
529 plans are tax-advantaged for education. Withdrawals for qualified expenses are tax-free.
How this calculator works
Enter current balance, monthly contribution, expected return, and years until college. Projected balance is calculated.
How to interpret your results
Use projected balance to plan contributions. Consider inflation for college costs.
FAQs
What is a 529 plan?▾
Tax-advantaged savings plan for education. Withdrawals for qualified expenses are tax-free.
Who can contribute?▾
Anyone can contribute to a 529 for a beneficiary. Some states offer tax deductions.
What can 529 funds pay for?▾
Tuition, fees, room and board, books, and other qualified education expenses.
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