These calculations are made available to you as educational, self-help tools and are intended
to provide you with approximate estimates of potential future tuition costs, potential savings
invested in a hypothetical 529 college savings plan, monthly and yearly contributions that
may be needed to fund your child's education, and, if you choose to enter tax rates and
deduction information, a comparison to a hypothetical investment in a taxable account. There
may be additional costs associated with attending college that have not been factored into
the calculations, such as miscellaneous administrative charges, discretionary meal expenses,
supplies, etc.
Important Information About Your Calculations
The results presented are hypothetical illustrations and may not reflect the actual growth of
your investment in a particular 529 plan. Any hypothetical rate of return used does not reflect
actual performance or predict future results of the program. Rates of return will vary over time.
Investments which seek to achieve higher rates of return are more volatile and involve a higher degree of risk.
The calculator takes into account tax variables based upon what you select. There may be limitations or restrictions on eligibility for tax benefits depending on the tax code in your state of residency.
These calculations do not constitute investment advice. As your financial situation changes, you
should review your investment goals, time period for college investing, and personal financial
situation and reassess whether you are saving enough to meet your college savings goals. You
may want to consult with a qualified advisor before making an investment.
The calculations do not reflect management, administrative and other fees associated with 529
plans. If these fees had been reflected, the growth of the total contribution during the same
investment period would have been lower.
Before investing in a 529 plan, consider the investment objectives, risks, charges and
expenses. Contact 1-888-381-8283 for a Disclosure Booklet containing this information. Read
it carefully.
Before investing in a 529 plan, you should consider whether the state you or your designated
beneficiary reside in or have taxable income in has a 529 plan that offers favorable state
income tax or other benefits that are only available if you invest in that state's 529 plan.
The tax information contained herein is not intended to be used, and cannot be used, by any taxpayer
for the purpose of avoiding tax penalties. It was written to support the promotion of college savings plans.
Taxpayers should seek advice based on their own particular circumstances from an independent tax advisor.
TIAA-CREF Individual and Institutional Services, LLC distributes securities products. The
States, their agencies, TIAA-CREF Tuition Financing, Inc. (TFI), Teachers Insurance and Annuity
Association of America (TIAA) and its affiliates do not insure any account or guarantee its
principal or investment return. Account value will fluctuate based upon a number of factors,
including general financial market conditions.
The States, their agencies, TFI, TIAA and its affiliates are not responsible for the consequences
of any decisions or actions taken in reliance upon or as a result of the information provided
by this tool and are not responsible for any human or mechanical errors or omissions.
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