📋 529 Plan Calculator

See exactly how your 529 grows from now until college enrollment — coverage ratio, tax-free growth, state tax deduction savings, and overfunding risk all shown clearly.

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Inputs
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yr
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Results
529 Balance at College
Years to Grow
Total Contributions
Tax-Free Growth
Estimated 4-Yr College Cost
Coverage Ratio
Annual State Tax Savings
Total State Tax Savings
Overfund Risk (excess balance)
FV = P(1+r)ⁿ + PMT×[(1+r)ⁿ−1]/r (tax-free)
State Tax Savings = Annual Contribution × State Rate

529 plans grow tax-free and withdrawals for qualified education expenses are also tax-free — similar to a Roth IRA but for education. 34 states offer a state income tax deduction or credit on contributions. Overfunding a 529 is a real risk: unused funds can be rolled to a Roth IRA (up to $35,000 lifetime per SECURE 2.0 Act) or transferred to another beneficiary penalty-free.