Edvest College Savings Plan

Planning Tools

Compare Savings Options

Use this tool to do a side-by-side comparison of various college saving plan options.

There are many choices for you to consider when charting your child's course to college. The option you choose depends on how many years you have to save, your overall financial goals and your investment preferences.

This Comparison Tool is intended for informational purposes only. The data in this tool should not be relied on to make investment decisions. Consult your legal or tax professional for tax advice.

Click and drag the swap swap icon to reorder plan columns.

The financial aid treatment of investments in a 529 savings plan varies by school. Assets are typically treated as the account holder’s and not the student’s. (Student assets are generally assessed at 20% whereas parental assets are generally assessed at 5.64%.) Any investments, including those in 529 accounts, may affect the student’s eligibility to get financial aid based on need. You should check with the schools you are considering regarding this issue.

1Source: https://www.treasurydirect.gov/indiv/planning/plan_education.htm
2Strategic Insights 3rd Quarter 2019 529 Fee Analysis
3Source: https://www.treasurydirect.gov/indiv/planning/plan_education.htm
4Source: https://www.irs.gov/retirement-plans/traditional-and-roth-iras
5Source: https://www.irs.gov/retirement-plans/2019-ira-deduction-limits-effect-of-modified-agi-on-deduction-if-you-are-covered-by-a-retirement-plan-at-work
6Source: https://www.irs.gov/publications/p550

Check with your home state to learn if it offers tax or other benefits such as financial aid, scholarship funds or protection from creditors for investing in its own 529 plan. Consult your legal or tax professional for tax advice.

Wisconsin taxpayers may be eligible for a state tax deduction up to a certain amount for contributions made into a Wisconsin 529 college savings plan. Neither TIAA-CREF Tuition Financing, Inc., nor its affiliates, are responsible for the content found on any external website links contained herein.