The Truth about Prepaid Tuition Plans
By Mary G. Morris
CEO, Virginia529
October 1, 2013
“Why should I save for college with a prepaid tuition plan? My financial advisor said I should invest in a 529 plan instead.” Many of us in the 529 world frequently hear this from families who are exploring their college savings options. Our response is always the same, “A prepaid tuition plan IS a 529 plan, and there are some important benefits to saving for college with one.”