When it's time for college, money can be withdrawn tax-free for qualified education expenses. These typically include tuition, fees, books, supplies, and room and board at eligible educational ...

However, there are drawbacks students should be prepared for, including time restraints and impact on tuition ... college. This program is offered to students who display need based on the Free ...

Also, as with traditional 529 college savings plans, earnings in a prepaid tuition plan grow tax-free, and you won ... of concerns about funding. The pros and cons of prepaid tuition plans ...