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Frequently Asked Questions

Frequently Asked Questions

If you’re confused about saving for college, you’re not alone. Everyone has questions! That’s why we’re here to help.

Get some answers.

Browse our list of frequently asked questions about 529 college savings plans, the Maryland Prepaid College Trust, the Maryland College Investment Plan, and more!

Basics: What is a 529 plan? How does a 529 plan work?

Prepaid College Trust: Answers to questions about how the Prepaid College Trust works.

College Investment Plan: Answers to questions about the College Investment Plan.

Maryland ABLE: General overview of ABLE program.

Financial Advisors

If you are a financial advisor, click here to access Common Advisor Questions and Answers.