Oregon 529 Plan Calculator

2026

Oregon 529 plans in 2026: tax credit worth up to $190 ($380 on a joint return), per return; only the OR plan qualifies. Project your college savings growth.

By Konstantin Iakovlev · Updated October 19, 2026 · Methodology

years
years
$
$
%
$
years

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 College13 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.

Oregon 529 State Tax Benefit (2026)

Tax credit worth up to $190 ($380 on a joint return), per return.

Only Oregon plans (Embark and the MFS 529 Savings Plan) qualify; rollovers in from another state's plan count as new contributions.

The refundable credit is per return, not per beneficiary. Contributions made by the earlier of your filing date or April 15 count for the prior year. Withdrawals of credited money for K-12 tuition are nonqualified and trigger recapture of the credit.

Coming change: The credit is set to end after tax year 2029 unless lawmakers extend it.

Oregon Tax & Education Facts (2026)

State Income Tax progressive (up to 9.9%)
529 State Tax Benefit Tax credit worth up to $190 ($380 on a joint return), per return
Plans That Qualify Only Embark (formerly Oregon College Savings Plan)
Income Rules The credit rate falls as AGI rises: 100% up to $30,000, 50% to $70,000, 25% to $100,000, 10% to $250,000, 5% above.
Limit Indexed Maximum credit rises with inflation: $190 ($380 joint) for 2026, up from $180 ($360). Income bands are fixed.
State Plan Embark (formerly Oregon College Savings Plan)
State Sales Tax 0.00%
Avg. Property Tax Rate 0.79%

Official Sources:

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