When it's time for college, money can be withdrawn tax-free for qualified education expenses.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 ...

Prepaid tuition ... college savings plan that allows you to pay for future college tuition at today’s rate. You can purchase units or credits, which cover only tuition and fees. Earnings grow ...

Additionally, as long as you use the money for qualified expenses, all investment gains made in the account are tax-free.