See How Your Savings Add Up
Use this calculator to get a quick estimate of how much you can save towards your child’s tuition with the Connecticut Higher Education Trust (CHET).
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CHET is administered by the Office of the Connecticut State Treasurer. TIAA-CREF Tuition Financing, Inc. (TFI), program manager. TIAA-CREF Individual & Institutional Services, LLC, Member FINRA, distributor and underwriter for CHET.
Consider the investment objectives, risks, charges and expenses before investing in CHET. Please call toll-free 1-888-799-2438 or click here for a Disclosure Booklet containing this and other information. Read it carefully. Investments in the plan are neither insured nor guaranteed and there is the risk of investment loss.
Before investing in a 529 plan, you should consider whether the state you or your designated beneficiary reside in or have taxable income in has a 529 plan that offers favorable state income tax or other benefits such as financial aid, scholarship funds or protection from creditors that are only available if you invest in that state’s 529 plan. A Connecticut income tax deduction on contributions made to CHET is available to Connecticut taxpayers. Limitations apply. See the Disclosure Booklet for details.
Consult your legal or tax professional for tax advice. If the funds are not used for qualified education expenses, a 10% penalty tax on earnings (as well as federal and state income taxes) may apply.
The Plan Web site is for informational purposes only, and does not constitute an offer to sell or solicitation of an offer to buy any security that may be referenced on the site. Such offer or solicitation can be made only through the Disclosure Booklet.
The Plan Web site contains links to other Web sites. Neither the Plan nor TFI and its affiliates are responsible for the content of those other Web sites. The accuracy of information on those sites cannot be confirmed.
All social media platforms are managed by the Office of the Connecticut State Treasurer.