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529 Plan โ€” Tax-Advantaged College Savings

Tax-free growth, state tax deductions, superfunding. K-12 and college. Roth rollover option. 2026 gift: $18K/donor.

Concept Fundamentals
$96,605
Projected
$53,395
Gap
$9,177
Tax Savings
Calculate 529 GrowthEnter balance, contributions, and return

Why This Matters for Your Finances

Why: 529 plans offer tax-free growth and many states offer deductions. Superfunding lets you front-load with a 5-year gift election.

How: FV = PV(1+r)^n + PMTร—[(1+r)^nโˆ’1]/r. Tax-free. State deduction reduces state tax. Superfunding uses 5yr gift election.

  • โ—$18K gift limit 2026
  • โ—$90K 5yr superfund
  • โ—Roth rollover $35K (2024+)
  • โ—K-12 $10K/yr

Sample Scenarios โ€” Click to Load

Beneficiary Information

Current age
years
Time horizon
years
Total education cost
$
Investment return
%

Contributions

Already saved
$
Monthly savings
$
Yearly bonus
$
5-year election
$

Tax Information

Per taxpayer

Annual limit
$
Marginal rate
%
plan_529.sh
CALCULATED
$ analyze --529-plan

Consider superfunding strategy to front-load contributions for more growth time.

Projected Balance
$96,605
Investment Growth
$39,805
Tax Benefits
$9,177
Gap
$53,395
Total Contributions
$56,800
State Tax Savings
$3,206
Tax-Free Growth Benefit
$5,971
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529 Plan Calculator
$96,605
64% of goal
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64% of goal

Year-by-Year Projection

YearAgeContributionGrowthBalance
05$10,000$0$10,000
16$3,600$936$14,300
27$3,600$1,237$18,901
38$3,600$1,559$23,824
49$3,600$1,903$29,092
510$3,600$2,272$34,728
611$3,600$2,666$40,759
712$3,600$3,089$47,212
813$3,600$3,540$54,117
914$3,600$4,024$61,505
1015$3,600$4,541$69,411
1116$3,600$5,094$77,869
1217$3,600$5,686$86,920
1318$3,600$6,320$96,605

Calculation Breakdown

Contribution Analysis

Current Balance$10,000
Monthly Contribution$300
Annual Lump Sum$0
Superfunding Amount$0
Total Annual Contribution$3,600

Growth Projection

Expected Return Rate7.0%
Years Until College13 years
Projected Balance$96,605
Total Contributions$56,800
Total Investment Growth$39,805

Tax Benefits

State Deduction Limit$10,000
State Tax Rate6.9%
Annual State Tax Savings$247
Total State Tax Savings$3,206
Tax-Free Growth Benefit$5,971

Goal Analysis

Target Education Cost$150,000
Gap to Target$53,395

Get AI-Powered Analysis

Get personalized 529 optimization strategies and state-specific tax tips.

โš ๏ธFor educational purposes only โ€” not financial advice. Consult a qualified advisor before making decisions.

๐Ÿ’ก Money Facts

$18K

2026 gift limit

โ€” IRS

$90K

5yr superfund

โ€” IRS

$35K

Roth rollover

โ€” SECURE 2.0

1. Key Takeaways

  • โ€ข Tax-free growth and withdrawals
  • โ€ข State deductions vary by state
  • โ€ข 2026 gift: $18K/donor, $36K couple
  • โ€ข Superfunding: 5yr election $90K
  • โ€ข K-12 and college eligible
  • โ€ข Roth rollover $35K (2024+)

2. Did You Know?

$18K

2026 gift limit

$90K

5yr superfund

K-12

$10K/yr

Roth

$35K rollover

State

Deduction varies

No limit

Federal contrib

3. How It Works

FV = PV(1+r)^n + PMTร—[(1+r)^nโˆ’1]/r. Tax-free. State deduction reduces state tax. Superfunding uses 5yr gift election.

Inputs

Balance, contribution, return, years, state, tax bracket

Outputs

Projected balance, tax savings, state benefit

4. Expert Tips

State plan

Check your state deduction

Superfund

Front-load if you can

Roth rollover

Unused โ†’ Roth 2024+

Change beneficiary

To family member

5. Comparison Table

Feature529ESA
LimitHigh$2K/yr
State deductYesNo
K-12YesYes
Phase-outNoYes

6. FAQ

State deduction?

Varies. Check your state 529.

Superfunding?

$90K = 5yr gift election. No more gifts 5yr.

Unused?

Change beneficiary or Roth rollover $35K.

K-12?

Yes, $10K/yr for private school.

7. Quick Stats

$18K

Gift 2026

$90K

5yr superfund

$35K

Roth rollover

$10K

K-12/yr

8. Sources

9. Disclaimer

โš ๏ธ Warning: Estimates only. State rules vary. Not financial advice.

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