College Savings Projector
Calculate what your savings may be worth when your child starts college, and
compare a tax-free account (such as a state 529 plan) to a taxable account.
After years, you'll have accumulated $0, or $0 more
in a tax-free account than in a taxable account. This is because
a taxable return rate of % shrinks to 0% after
taxes, based on your federal tax rate of %.
Consider the following as you view your results:
Investments that earn higher rates of return are also more subject to
changes in value. There is no guarantee you will receive the rate of return
you used in this model.
All 529 plans are federal tax-exempt, but state tax treatment varies.
State tax treatment depends on whether you use your home state plan or another
state's plan. Your results do not reflect any state or local tax considerations.
Choose investments that fit your time frame and risk tolerance, and be
prepared to make changes as college gets closer.
© 2018 Wealth Management Systems Inc.