Vermont 529 Plan Calculator

2026

Vermont 529 plans in 2026: 10% tax credit, worth up to $250 ($500 on a joint return), per beneficiary, per taxpayer; only the VT 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.

Vermont 529 State Tax Benefit (2026)

10% tax credit, worth up to $250 ($500 on a joint return), per beneficiary, per taxpayer.

Only VT529 accounts offered directly by VSAC qualify; the contribution portion of a rollover in from another state's plan counts.

The nonrefundable credit is 10% of the first $2,500 per taxpayer per beneficiary; each spouse on a joint return counts separately. Any withdrawal not used for approved college costs, including K-12 tuition, Roth IRA rollovers, rollovers out of state and beneficiary changes to another account, triggers a 10% repayment, capped at credits received.

Vermont Tax & Education Facts (2026)

State Income Tax progressive (up to 8.75%)
529 State Tax Benefit 10% tax credit, worth up to $250 ($500 on a joint return), per beneficiary, per taxpayer
Plans That Qualify Only Vermont Higher Education Investment Plan (VHEIP / VT529)
State Plan Vermont Higher Education Investment Plan (VHEIP / VT529)
State Sales Tax 6.00%
Avg. Property Tax Rate 1.40%

Official Sources:

Other Vermont Calculators