Can you transfer the account to others? Most 529s allow parents to change beneficiaries, allowing other students to use the savings to pay for their tuition . But the rules are more complicated for transferring ownership.
When can you invest? Some state prepaid plans accept investments only a few weeks or months a year.
Are there any tuition discounts or surcharges? Some states are charging those who want to prepay tuition much more than current tuition prices. Some, such as the Independent 529 Plan, allow parents to buy tuition at prices slightly below (anywhere from a 0.5 to 4 percent discount) today's tuition rates.
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