Saving4College 1

With the Saving4College Savings Planner you can explore:
• Where you are now with college savings
• Your projected college
• How much college could cost in your timeframe
• What you’ll probably need to invest to meet college costs
• Setting a realistic, achievable action plan

Disclosures:
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 or other federal income tax-free investment, 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 do not reflect the past or future performance of any specific investment. 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 or any other investment used for college savings. If these fees had been reflected, the growth of the total contribution during the same investment period would have been lower.
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
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