Alabama 529 Plan Calculator
2026Alabama 529 plans in 2026: deduction of up to $5,000 ($10,000 on a joint return), per taxpayer; only the AL plan qualifies. Project your college savings growth.
By Konstantin Iakovlev · Updated October 19, 2026 · Methodology
Total College Cost
$176,766.87
With 4% inflation
Projected Savings
$58,861.83
Funding
33%
Funding Gap
$117,905.04
Monthly Needed to Fully Fund
$750.77
529 Plan Projection
| Years Until College | 13 years |
| Total College Cost (with inflation) | $176,766.87 |
| Current Balance | $0.00 |
| Total Contributions | $39,000.00 |
| Investment Growth | + $19,861.83 |
| Projected Savings at College | $58,861.83 |
| Funding Gap | $117,905.04 |
| Monthly Contribution Needed | $750.77 |
Disclaimer: This calculator is for informational purposes only and does not constitute tax, financial, or legal advice. Results are estimates based on the information you provide and current rates. Always consult a qualified tax professional or financial advisor for advice specific to your situation.
Alabama 529 State Tax Benefit (2026)
Deduction of up to $5,000 ($10,000 on a joint return), per taxpayer.
Other states' plans don't qualify, but money rolled over from another state's 529 into CollegeCounts counts toward the deduction, and the rollover isn't taxed in Alabama.
Deduct contributions to CollegeCounts or the PACT prepaid program. The $10,000 joint limit applies only if both spouses contribute; if only one does, the limit is $5,000. On a nonqualified withdrawal, the amount withdrawn plus 10% is added to Alabama income. CollegeCounts lists K-12 expenses as qualified.
Alabama Tax & Education Facts (2026)
| State Income Tax | progressive (up to 5%) |
| 529 State Tax Benefit | Deduction of up to $5,000 ($10,000 on a joint return), per taxpayer |
| Plans That Qualify | Only CollegeCounts 529 Fund |
| State Plan | CollegeCounts 529 Fund |
| State Sales Tax | 4.00% |
| Avg. Property Tax Rate | 0.37% |
Official Sources: