529 Calculator

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    529 Calculator

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    Calculate your college savings goals and learn what you need to do now to help meet them.

    With the College Savings Planner from TIAA‐CREF, you can learn more about what college may cost when and where your child enrolls and begin to craft an investment plan to help cover those costs.

    Using the Planner, you can discover:

    • Where you are today with your college savings

    • What current and projected costs are for most colleges and universities

    • What you likely need to invest now to help meet college costs

    • How to set realistic, achievable college savings and investing goals


    The AARP College Savings Solutions from TIAA-CREF is provided by TIAA-CREF not AARP or its affiliates. TIAA-CREF pays a royalty fee to AARP for the use of its intellectual property. These fees are used for the general purposes of AARP. AARP does not employ or endorse TIAA-CREF associates. Offers are subject to change and may have restrictions. Please contact TIAA-CREF directly for details.

    Before investing in a 529 plan, you should consider whether the state you or your designated beneficiary reside in or have taxable income in has a 529 plan that offers favorable state income tax or other benefits that are only available if you invest in that state's 529 plan. Non-qualified withdrawals may be subject to federal and state taxes and the additional federal 10% tax.

    These calculations are made available to you as educational, self-help tools and are intended to provide you with approximate estimates of potential future tuition costs, potential savings invested in a hypothetical 529 college savings plan or other federal income tax-free investment, monthly and yearly contributions that may be needed to fund your child's education, and, if you choose to enter tax rates and deduction information, a comparison to a hypothetical investment in a taxable account. There are many costs associated with attending college that have not been factored into the calculations, such as miscellaneous administrative charges, discretionary meal expenses, supplies travel, etc.


    The results presented are hypothetical illustrations and do not reflect the past or future performance of any specific investment. Rates of return will vary over time. Investments which seek to achieve higher rates of return typically are more volatile and may involve a higher degree of risk.

    The calculator takes into account tax variables based upon what you select. There may be limitations or restrictions on eligibility for tax benefits depending on the tax code in your state of residency.

    These calculations do not constitute investment advice. As your financial situation changes, you should review your investment goals, time period for college investing, and personal financial situation to assess whether you are saving enough to meet your college savings goals. You may want to consult with a financial or tax advisor before making an investment.

    The calculations do not reflect management, administrative and other fees associated with 529 plans or any other investment used for college savings. If these fees had been reflected, the growth of the total contribution during the same investment period would be lower.

    The tax information contained herein is not intended to be used, and cannot be used, by any taxpayer for the purpose of avoiding tax penalties. It was written to support the promotion of college savings plans. Taxpayers should seek advice based on their own particular circumstances from an independent tax advisor.

    Account value will fluctuate based upon a number of factors, including general financial market conditions.


    Tags: 529 transportation cost calculator , tiaa cref nest egg calculato

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