Πώς να υπολογίσετε το 529 College Savings

Τι είναι το 529 College Savings;

A 529 college savings plan calculator projects how much a family needs to save monthly to fund future college costs. Contributions grow tax-free, and withdrawals for qualified education expenses are also tax-free. Many states offer additional state tax deductions for contributions.

Τύπος

FV

Future Cost of College ($) — Projected total college cost at enrollment

r

Monthly Return (%) — Expected monthly investment return

n

Months Until College (months) — Number of months until the child enrolls

PMT

Monthly Savings ($/month) — Required monthly contribution

Οδηγός βήμα προς βήμα

1. 1Estimate the future cost of college using current costs and an inflation rate (typically 5–6% for tuition)
2. 2Determine the number of years until enrollment
3. 3Choose an expected rate of return based on the investment options in the plan
4. 4Calculate the monthly contribution needed to reach the target

Worked Examples

Common Mistakes to Avoid

• ✕Using general inflation (3%) instead of college-specific inflation (5–6%)
• ✕Not factoring in financial aid, scholarships, and grants that reduce the needed amount
• ✕Over-saving in a 529, which results in penalties on non-education withdrawals

Frequently Asked Questions