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COLLEGE SAVINGS 101
Innovative new calculator helps families save more effectively
https://www.savingforcollege.com/articles/innovative-new-calculator-helps-families-save-more-effectively-909
Posted: 2016-02-21
Savingforcollege.com is excited to announce the addition of a ground breaking new calculator that will complement our existing suite of tools. The College Savings Planner has a modern, interactive design that encourages users to explore different scenarios that will help them achieve their savings goals.
What's more, the Planner provides a more accurate college savings forecast than other calculator currently on the market by projecting 529 plan earnings using a hypothetical age-based investment option.
Key benefits
- A modern, interactive design that provides an app-like experience for users.
- Fully responsive for desktop, mobile and tablet for optimal display regardless of device.
- Customizable on-boarding screen and downloadable pdf reports.
How it works
- A straightforward on-boarding process gathers each user's pertinent details, such as age of child, type of school, state of residence, etc.
- A summary page provides an overview of projected college costs and expected savings.
- Future earnings in a 529 plan are based on an age-based investment option, which means returns will vary based on the age of the beneficiary.
- Easy-to-read charts compare the benefits of 529 plans to other popular vehicles used to save for college.
- Potential federal and state tax benefits provided by 529 plans are highlighted based on the user's household income and state of residence.
Licensing
To schedule a demo or to receive more information about the College Savings Planner, contact sales@savingforcollege.com.
Savingforcollege.com is excited to announce the addition of a ground breaking new calculator that will complement our existing suite of tools. The College Savings Planner has a modern, interactive design that encourages users to explore different scenarios that will help them achieve their savings goals.
What's more, the Planner provides a more accurate college savings forecast than other calculator currently on the market by projecting 529 plan earnings using a hypothetical age-based investment option.
Key benefits
- A modern, interactive design that provides an app-like experience for users.
- Fully responsive for desktop, mobile and tablet for optimal display regardless of device.
- Customizable on-boarding screen and downloadable pdf reports.
How it works
- A straightforward on-boarding process gathers each user's pertinent details, such as age of child, type of school, state of residence, etc.
- A summary page provides an overview of projected college costs and expected savings.
- Future earnings in a 529 plan are based on an age-based investment option, which means returns will vary based on the age of the beneficiary.
- Easy-to-read charts compare the benefits of 529 plans to other popular vehicles used to save for college.
- Potential federal and state tax benefits provided by 529 plans are highlighted based on the user's household income and state of residence.
Licensing
To schedule a demo or to receive more information about the College Savings Planner, contact sales@savingforcollege.com.
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Top 529 College Savings Plans
One-year rankings are based on a plan's average investment returns over the last 12 months.
State | Plan Name | |
---|---|---|
1 | Nevada | USAA 529 Education Savings Plan |
2 | Florida | Florida 529 Savings Plan |
3 | New Jersey | NJBEST 529 College Savings Plan |
Three-year rankings are based on a plan's average annual investment returns over the last three years.
State | Plan Name | |
---|---|---|
1 | South Dakota | CollegeAccess 529 (Direct-sold) |
2 | Wisconsin | Edvest 529 |
3 | Nevada | USAA 529 Education Savings Plan |
Five-year rankings are based on a plan's average annual investment returns over the last five years
State | Plan Name | |
---|---|---|
1 | Indiana | CollegeChoice 529 Direct Savings Plan |
2 | Florida | Florida 529 Savings Plan |
3 | Alaska | T. Rowe Price College Savings Plan |
10-year rankings are based on a plan's average annual investment returns over the last ten years.
State | Plan Name | |
---|---|---|
1 | West Virginia | SMART529 WV Direct College Savings Plan |
2 | South Carolina | Future Scholar 529 College Savings Plan (Direct-sold) |
3 | Ohio | Ohio's 529 Plan, CollegeAdvantage |