Saving for College This calculator can help you estimate how much you should be saving for college. You are viewing this website at a small screen resolution which doesn't support calculators. Click here to view this calculator. Share | Have A Question About This Topic? Name Email Address Message Thank you! Oops! Related Content When Life Insurance Becomes Taxable Life insurance proceeds are generally tax-free. But not in all cases. Tax Deductions You Won't Believe Here are some examples of deductions from the IRS that were permitted and some that were, uh, too creative. Financial Confidence: The Gift that Keeps on Giving Gift-giving is an important and cherished part of the holiday season for people around the world.