Finn

This calculator is a handy tool for Illinois residents looking to optimize their 529 college savings plan rollovers and contributions. It clearly breaks down the upfront savings of choosing a direct-sold plan over an advisor-sold one, and calculates the potential state tax benefits of pacing your out-of-state rollovers over multiple years. The math is solid and handles edge cases well, making it easy to see exactly how much you could save by strategically timing your transfers. You'll want to keep in mind that this assumes the Illinois flat tax rate and deduction limits remain constant over your pacing period.

Reviewed v26.6.3