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A tax-advantaged method for paying future college tuition costs at current prices. 529 prepaid tuition plans are authorized by Section 529 of the Internal Revenue.

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What are the characteristics prepaid tuition plan?

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What are characteristics of the prepaid tuition plan except which?

it has an open enrollment period


all of the following are characteristics of the prepaid tuition plan except apex?

C. It has an open enrollment period


What does a prepaid tuition plan cover?

Tuition and fees


What does prepaid tuition plan covers?

tuition and fees


What is a plan that locks in tuition prices at eligible colleges and universities is known as?

Prepaid tuition plan


What plan that lock in tuition plans at eligible colleges and universitys is known as what?

Prepaid tuition plan


What are the benefits in enrolling in a prepaid tuition plan?

locking in current tuition rates for future college education.


What does the prepaid tuition plan cover?

Tuition and fees


All of the following are characteristics of the prepaid tuition plan except which A. It has an open enrollment period. B. It's not available in every state. C. It has a limited enrollment period. D. T?

The characteristic that does not apply to prepaid tuition plans is C. It has a limited enrollment period. Prepaid tuition plans typically have an open enrollment period, allowing families to enroll when it suits them, and they may not be available in every state.


What is the difference between a prepaid tuition plan a college savings plan?

one covers all college expenses, while the other covers only tuition


Which of the following is a difference between a prepaid tuition plan and a college saving plan?

One covers all college expenses, while the other covers only tuition.