South Carolina 529 Plan Calculator

2026

South Carolina 529 plans in 2026: deduction for the full amount contributed (no cap); only the SC 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.

South Carolina 529 State Tax Benefit (2026)

Deduction for the full amount contributed (no cap).

Only South Carolina plans qualify; rollovers in from another state's 529 are deductible to the extent not previously deducted in South Carolina.

There is no annual dollar limit beyond the plan's maximum account balance. Contributions made through April 15 of the following year count for the prior year (prepaid program: calendar year only). Principal from nonqualified withdrawals is added back to income. Nonresidents who file South Carolina returns also qualify.

South Carolina Tax & Education Facts (2026)

State Income Tax progressive (up to 5.21%)
529 State Tax Benefit Deduction for the full amount contributed (no cap)
Plans That Qualify Only Future Scholar 529 College Savings Plan
State Plan Future Scholar 529 College Savings Plan
State Sales Tax 6.00%
Avg. Property Tax Rate 0.44%

Official Sources:

Other South Carolina Calculators