Missouri 529 Plan Calculator
2026Missouri 529 plans in 2026: deduction of up to $8,000 ($16,000 on a joint return), per taxpayer; contributions to any state's plan qualify. 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.
Missouri 529 State Tax Benefit (2026)
Deduction of up to $8,000 ($16,000 on a joint return), per taxpayer. Missouri is one of the few “tax parity” states: contributions to any state’s 529 plan count, so you can pick a plan for its fees and investments and keep the state benefit.
The $16,000 limit applies to married couples filing jointly. You must attach proof of contributions made in your name. Nonqualified withdrawals from MOST or any other 529 are added back to the account owner's income, including previously exempt contributions and untaxed earnings.
Missouri Tax & Education Facts (2026)
| State Income Tax | progressive (up to 4.7%) |
| 529 State Tax Benefit | Deduction of up to $8,000 ($16,000 on a joint return), per taxpayer |
| Plans That Qualify | Any state's 529 plan |
| State Plan | MOST - Missouri's 529 Education Plan |
| State Sales Tax | 4.23% |
| Avg. Property Tax Rate | 0.85% |
Official Sources: