Question

What is a benefit of enrolling in a prepaid tuition plan

Answer 1

A state agent

Step-by-step explanation:

The U.S. Securities and Exchange Commission (SEC) says many prepaid tuition plans are backed by the state. Keep in mind that many plans require you or your child ("the beneficiary") to be a resident of the state that sponsors the plan. So you would need a state agent.

Answer 2

prepaid plans allow you to purchase tuition credits, units or years either with one lump-sum payment or through monthly installments