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Determine what the future cost of college could be with this calculator.
This calculator uses the amount that college would cost today and then adds in the amount you already have saved. Once calculated, it will help you figure out how much should be saved in order to pay for anticipated future college costs.
Neither State Farm® nor its agents provide tax or legal advice. This calculator is for illustrative and educational purposes only. Its accuracy and applicability to your circumstances is not guaranteed. Please consult your own adviser regarding your particular circumstances.
Education savings account uses make them a practical tool to help pay for the cost of higher education. Here are some considerations for education savings account income limits, contributions and more.
A 529 education savings plan is a tax-favored program operated by a state designed to help families save for future education costs.
Teach your kids good financial habits.
When thinking about paying for college there are various choices to consider such as savings accounts, 529 plans or U.S. Treasury security.