529 Plan Calculator

This calculator will help you learn more about the various savings plans in our region. First, tell us a little bit about yourself and then we'll show you which plan might make the most sense for your family.

Where You Live and Your Filing Status
This will determine how much you can contribute in your jurisdiction each year without having to pay taxes.

* About This Calculator
The News 4 I-Team created this 529 Plan Calculator with guidance from Dr. James Angel at Georgetown University and other financial experts we consulted, who recommended we use forecasted rates of return based on the type of fund; 6% for equity funds, 3% for bond funds, 1% on money market funds and a weighted combination for mixed allocation funds. You can see the rate of return we used in our calculations in the “Expected Return Rate” column. The equity/bond balance for most mixed allocation funds, however, will change over time, which is why Dr. Angel and others recommend consulting a financial advisor for a more complex comparison on specific plans before you invest. All information about each individual plan’s performance and fees comes from its official 529 government website, which you can see by clicking on the fund’s name. Lifetime Return rates date from September 27, 2016 and are subject to change. For the most up-to-date return information, click on the fund name. Tax rates are calculated using each jurisdiction’s published online tax schedule. We limited the contribution amounts to the tax-free maximum allowed in each jurisdiction. This calculator is meant to be a general resource guide and should not be used as a predictor of actual returns.