Investing for a child's education

Investing for a child's future college expenses may be one of your top financial goals, but planning can be a challenge. These resources can help.
Keep in mind:
  • Assess your timeline and needs
  • Estimate the projected college costs
  • Decide on the percentage you want to pay
  • Establish a goal so you can measure your progress
See the checklist
Browse resources
Read
Getting started with FAFSA
What you need to know before you fill out the financial aid form.
Planning for the costs of higher education
Through regular saving and investing, you can help a child realize his or her goals.
5 hidden benefits of college savings plans
A 529 college savings plan may offer surprising financial flexibility.
Paying for college infographic
Many families rely on a number of sources to help pay for college. See how they typically do it.
Explore
Calculator
College Planning Calculator
Estimate the costs of a college education and the monthly savings needed to pursue your goal.
Calculator
529 Plan State Tax Calculator
This tool will help you consider a variety of tax-related issues when choosing a 529 college savings plan.
Savings plans and accounts
Ready to get started?
Open an account
Find a local Merrill
Financial Solutions Advisor
Merrill Guided Investing with an advisor
All the benefits of Merrill Guided Investing with an advisor who will discuss your priorities and provide advice and guidance to help you pursue your goals
Learn more

Important disclosures

Merrill, its affiliates, and financial advisors do not provide legal, tax, or accounting advice. You should consult your legal and/or tax advisors before making any financial decisions.

MAP5429234-05312024