College Cost Calculator
Project your child's college costs, 529 savings, and how much you need to save each month to fully fund their education.
College Cost Calculator
529 savings planner · Tuition inflation · Funding gap analysis
📋College Details
Assumes college starts at age 18
💰529 Savings Plan
📊Results
Total College Cost
$210,622
Inflation-adjusted over 10 yrs
Projected 529 Savings
$67,072
At enrollment with growth
⚠️ Funding Gap
$143,550
Shortfall at enrollment
Monthly Savings Needed
$1,176
To fully fund college
🏦 529 Plan Tax Benefit
By using a 529 plan instead of a taxable account, your investment earnings grow tax-free. Estimated tax savings (25% bracket):
$5,268
Federal tax savings on earnings
📚529 Plan Basics
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Tax-Free Growth
529 contributions grow tax-free federally. Many states offer a state income tax deduction on contributions.
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Contribution Limits
No annual IRS limit on 529 contributions, but gift tax rules apply. Superfunding allows 5-year lump sum.
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Flexibility
Unused 529 funds can be rolled to a Roth IRA (up to $35K lifetime, starting 2024) or transferred to another family member.