Utah 529 Plan Calculator
2026Utah 529 plans in 2026: 4.45% tax credit, worth up to $113.92 ($227.84 on a joint return), per beneficiary; only the UT 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.
Utah 529 State Tax Benefit (2026)
4.45% tax credit, worth up to $113.92 ($227.84 on a joint return), per beneficiary. Only contributions to my529 count; money put into another state’s plan earns no Utah deduction or credit.
The account owner claims the credit for each beneficiary, who must be under 19 when named on the account. Contributions deducted on your federal return don't count. The credit rate follows Utah's income tax rate (4.45% for 2026) and is nonrefundable. Nonqualified withdrawals are added back to income.
Utah Tax & Education Facts (2026)
| State Income Tax | 4.45% (flat) |
| 529 State Tax Benefit | 4.45% tax credit, worth up to $113.92 ($227.84 on a joint return), per beneficiary |
| Plans That Qualify | Only my529 |
| Limit Indexed | Contribution limit rises with inflation: $2,560 ($5,120 joint) per beneficiary for 2026, up from $2,490 ($4,980). |
| State Plan | my529 |
| State Sales Tax | 4.85% |
| Avg. Property Tax Rate | 0.45% |
Official Sources: